LBK (LBank) Bi-Weekly Operation Report 101 (2023.10.16-2023.10.31)

*LBK*

LBank's overall profit from October 16 to October 31: 29,294.57 USDT, Including:

Commissions on Spot Trading: 8,842.12 USDT

Commissions on Futures: 4,419.52 USDT

Finance profit: 16,032.93 USDT

Repurchased Amount: 23,435.656 USDT=29,294.57 USDT*0.8

Quantity Released: 1,030 LBK

*Repurchase of period 101 will be completed from October 3 to November 15, after which the specific data of repurchase and burning will be announced on the semi-monthly report of period 102nd. All LBK repurchased in period 101 will be burned by 50%, and the remaining 50% will be held by the LBank team.

Repurchase of Period 100

Repurchase Period: October 18 to October 31

Average Repurchase Price: 0.0114  USDT/LBK

Repurchase Amount: 23,839 USDT

Burning Amount: 1,045,594.736 LBK

Amount Hold by the Team: 1,045,594.736 LBK

*Note: The on-chain data will be updated by November 10.

*Operation*

The community node number was 27 for period 215 (October 16 to October 22), with a total of 480 LBK released within one week at the price of 0.0114 USDT/LBK, equivalent to 5.472 USDT.

The community node number was 27 for period 216 (October 23 to October 29), with a total of 550 LBK released within one week at the price of 0.0113 USDT/LBK, equivalent to 6.215 USDT.

From October 16 to October 31 0 LBK was released from users' lock-up positions.

*Products*

1. Optimized client features including trading pair search, asset folding, and market subscription functionality.
2. Adjustments made to the Security Center, including KYC process enhancements and mobile phone unbinding features.
3. Improved trading functionality, including reverse trading and limit order closing.
4. Adjustments in the API service, including changes to withdrawal limits and the limit order TP and SL5 interface.
5. Added USDC to fiat currency trading options.
6. Launched 12 new assets including  BIGTIME, NTRN, AART, BVT, JOE1, TOKEN on the spot wallet.

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If you have problems, please contact LBank official email: service@lbank.info, and we will provide sincere, friendly and immediate service. We also welcome you to join LBank official English community to discuss the latest issue (Telegram): https://t.me/LBank_en.

Risk Warning: Investing in digital assets is extremely risky. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and LBank is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. This material shall not be construed as financial advice in any case. LBank reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.