Dear LBank users,
I. Account Setup Instructions
Due to the high bonus amount, to prevent lead traders from engaging in malicious volume brushing, mutual transactions, and other cheating behaviors, corresponding account settings will undergo the following settings for risk control monitoring:
- Zero futures trading fees will be applied.
- Futures accounts cannot be recharged or transferred. OTC, withdrawals and spot trading will be restricted.
- Only trading with 23 mainstream pairs of lead trading pairs is supported. See the attachment for specific trading pairs. If there is a need for withdrawals or transfers for the accounts participating in the activity, it is recommended to do so before applying for participation. Account restrictions will not be lifted during the event.
II. Futures Bonus Explanation
- Futures bonuses can be used for futures trading margins, fees, funding rates, and losses.
- Futures bonuses and generated profits cannot be transferred to the spot wallet for withdrawal operations.
Learn more: Futures Bonus Explanation.
III. Lead Trading Profit and Copy Traders' Profit Share Withdrawal Instructions
-
Settlement of copy traders' profit sharing:
-
Copy Traders' profit sharing is settled daily and distributed directly to your lead trader's futures account, which can be used for futures trading margins, fees, funding rates, and losses.
-
Distribution conditions:
-
Copy Traders and the lead trader have no position relationship (i.e., all copy orders are closed) for the day, and profit sharing will be distributed the next day.
-
If there are unfilled copy orders, no profit sharing will be distributed until all positions are closed, and the profit sharing will be aggregated the next day.
-
Learn more: Profit-Sharing for Lead Traders. -
-
Lead trading profit and copy traders' profit share withdrawal:
-
The lead trader's profit-sharing withdrawal amount is based on the orders already shared at the monthly settlement withdrawal limit, and pending unfilled orders are not included in the calculation.
-
Withdrawal process:
-
The withdrawal amount settlement phase will begin on the 28th of each month;
-
Withdrawal amounts will be automatically transferred from your futures account to your spot account within 7 working days after each month's settlement.
-
-
-
Withdrawal Notes:
-
Withdrawals will reduce the balance of the futures account. If there are positions, it may affect the calculation of the position's liquidation price. Please pay attention to position risk control and reduce or close positions in advance.
-
When the system automatically transfers the withdrawal amount, if there are pending orders or current positions occupying the withdrawal amount, it may result in a failed withdrawal. Please ensure that there is sufficient available withdrawal amount reserved.
-
IV. Others
- This promotion cannot be combined with other platform activities.
- Phase 1: The futures bonus will be distributed within 2 business days after the lead trader's review.
- Phase 2: Rewards will be issued every Tuesday. Users should activate the Futures Bonus within 7 days of receiving it to avoid expiration.
- Phase 3: Settlements will start on the 28th of each month, covering the period from the 28th of the previous month at 00:00 to the 28th of the current month at 00:00 (UTC+8). Rewards will be distributed as spot USDT within 7 business days.
- LBank reserves the right to disqualify users if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk account registrations, self dealing, or market manipulation).
- LBank reserves the right to final interpretation of the event, including but not limited to the sole discretion to amend or cancel this promotion at any time and for any reasons without prior notice. If you have any questions, please contact our customer service.
-
Attachment. This program supports trading pairs with orders and max.copy trading limit.
Trading pairs | Max. Leverage | Min. Trade Amount | Max. Copy Trading Limit (USDT) |
BTCUSDT | 100 | 0.0001 BTC | 40,000 |
ETHUSDT | 100 | 0.001 ETH | 40000 |
SOLUSDT | 25 | 1.0 SOL | 16,000 |
LTCUSDT | 25 | 0.001 LTC | 36,000 |
XRPUSDT | 25 | 0.1 XRP | 20,000 |
ETCUSDT | 25 | 0.01 ETC | 8,000 |
TRXUSDT | 25 | 1.0 TRX | 32,000 |
MATICUSDT | 20 | 1.0 MATIC | 10,000 |
APEUSDT | 20 | 1.0 APE | 5,000 |
BNBUSDT | 20 | 0.01 BNB | 10,000 |
GALAUSDT | 20 | 1.0 GALA | 13,000 |
APTUSDT | 20 | 0.1 APT | 3,000 |
MKRUSDT | 20 | 0.001 MKR | 35,000 |
OPUSDT | 20 | 0.1 OP | 35,000 |
NEARUSDT | 20 | 1.0 NEAR | 10,000 |
ARBUSDT | 20 | 1.0 ARB | 50,000 |
BCHUSDT | 25 | 0.001 BCH | 20,000 |
DOGEUSDT | 20 | 1.0 DOGE | 10,000 |
ADAUSDT | 20 | 1.0 ADA | 13,000 |
PEPEUSDT | 10 | 1.0 PEPE | 20,000 |
ORDIUSDT | 35 | 0.1 ORDI | 50,000 |
TIAUSDT | 25 | 0.1 TIA | 2,500 |
WIFUSDT | 30 | 0.01 WIF | 5,000 |
When other relevant explanatory documents are inconsistent with the rules of these terms, the specific implementation rules of participating activities are subject to these terms.
LBank Community
For any assistance, please contact us at our official email service@lbank.com. We are dedicated to providing quality, professional and prompt support.
Disclaimer: Digital assets are subject to high market risks and price volatility. The value of your investments may fluctuate, and could even lead to a loss of principal. You are solely responsible for your investment decisions, and LBank is not liable for any losses you may incur. You should invest only in products you are familiar with and understand the risks involved. You should carefully consider your investment experience, financial status, investment objectives, and risk tolerance, and consult an independent financial advisor before any investment. Past performance is not a reliable indicator of future performance. Content on the LBank platform does not include advice or recommendations, and should not be construed as financial advice.
LBank reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Comments
0 comments
Article is closed for comments.