I. Registration Requirements
1. Users must register for the event in order to receive rewards.
2. This event is exclusive to invited users from certain regions. Participants from restricted countries are not eligible to join this event.
II. Event Duration and Reward Distribution
1. The rewards for the event are valid for 7 days. If not used within the specified time, rewards will not be reissued. (Please refer to the Futures Bonus Usage Guide)
2. Rewards will be distributed every Monday, Wednesday, and Friday. If a user completes the task on a reward distribution day, the reward will be issued on the next reward distribution day. For example, if a user completes the task on Monday, the reward will be issued on Wednesday.
3. For Event 1 and Event 2, the reward positioning voucher can only be used as collateral for future trading. It cannot be withdrawn or used for fee rebates, and the transaction will not count toward the future account or leaderboard. Each positioning voucher has an expiration date, and the system will forcefully close the position once it expires. Each account is limited to one positioning voucher for opening a position, and only fixed leverage and isolated margin modes are supported. Partial usage or change of remaining funds is not allowed. The API does not currently support placing orders with positioning vouchers. (Please refer to the LBank Futures Position Voucher User Guide)
4. The net transfer amount to the future account = transfer-in amount - transfer-out amount (only data within the event period is counted). The transferred amount must remain in the future account until the reward is issued, or the user will be disqualified from receiving the reward.
5. Rewards from this event cannot be combined with rewards from other simultaneous events. If a user qualifies for multiple event rewards, they can only claim one. The reward the user claims will be considered the final reward, and the user will not be eligible for rewards from other concurrent events.
III. Trading and Eligibility Requirements
1. Only futures trading amounts are counted; trading amounts generated by future bonuses do not count toward the event trading volume. Fiat deposits and spot trading do not count toward the trading volume. Trading volume = opening amount + closing amount.
2. Only futures trading orders with an actual transaction fee expenditure/total trading volume ≥ 0.04% will be counted (where the actual transaction fee expenditure = total transaction fee - the transaction fee paid using bonuses).
3. Market makers, API traders, and institutional accounts are not eligible to participate.
4. The event only counts net losses from future trading. Losses generated by bonuses are not included in the statistics.
IV. Risk Control and Disclaimer
1. Users flagged as abnormal by the system's risk control will lose eligibility to receive rewards.
2. Users who are clearly found to be cheating will have their participation and event eligibility canceled, and rewards may be reclaimed without further notice.
3. LBank reserves the right to cancel the participation of users who profit through malicious actions, including but not limited to maker wash trading, batch registration of fake accounts, self-buying and selling, wash trading arbitrage, high-frequency trading, fraud, or any other violations. The platform has the right to recover losses, revoke rewards, and take appropriate actions against involved accounts. The platform also reserves the right to recover any illegal profits from other suspected illegal or fraudulent activities.
4. If you have any questions about the event rewards, please contact customer service within 7 days after the event ends. Any inquiries after the deadline will be considered as abandoned and will not be processed.
5. LBank reserves the right to modify the terms of this event without prior notice to users.
6. LBank reserves the final interpretation rights for this event. If you have any questions, please contact our customer service team.
