The LBank Futures Position Voucher is a tool designed to lower the entry barrier for new users engaging in futures trading. It simplifies the opening process and boosts the conversion rate for first-time orders. This guide details how to use the Futures Position Voucher for trading on LBank.

How-to Steps

Step 1: Activate Futures Position Voucher

  1. Log in to the LBank platform and tap to navigate to「My Coupons」.

  1. In 「My Coupons > Claimable」, tap「Claim」for the futures position voucher within its validity period.

  1. After claiming, switch to 「My Coupons > In Use」; Check the voucher’s 「Applicable Leverage」and「Validity Period」; Tap「Trade」to redirect to the futures trading page.

Step 2: Access Futures Trading Page

  1. Tap「Position Voucher」 as captured;

  1. Tap 「Switch」to select the applicable futures position voucher, set the 「Trading Pair to Open」and confirm trade details. Then, based on current market conditions, select 「Open Long」or 「Open Short」to go further.

📌For details, refer to「How to Set Position Mode for Futures Trading」,「Position Mode Overview」&「How to Set TP/SL in Futures Trading」.

  1. After confirming trade details, tap「Confirm」to submit to open the position.

Step 3: View Order Information

  1. After opening the position, view order details in the 「Order Center」；alternatively, view the order details tagged with「Position Voucher」at the bottom of the trading page.

Step 4: Close Position

  1. Users can manually close the position within the voucher validity period.

  2. If not manually closed within the validity period (typically 24 hours), the system will automatically close it.

  3. If the position hits the liquidation line, the system will forcibly close it within the validity period.

  4. Settlement rules for closing follow standard futures trading.

📌For details, refer to「How to Proceed Future Trading in LBank」,「LBank Forced Liquidation Mechanism」.

Important Notes

  1. Non-Withdrawable: Vouchers can only be used as margin for futures trading and cannot be withdrawn directly.

  2. Trade Flow: Trades using vouchers do not count toward perpetual futures accounts or leaderboards; profits, if any, are automatically transferred to the perpetual futures account.

  3. Fee Rebates: Voucher trade volumes are ineligible for fee rebates.

  4. Trading Pair Limits: Orders are restricted to trading pairs supported by the voucher.

  5. Voucher Validity: Each voucher has a specific experience period; upon expiration, the system will force-close at market price. A notification will be sent via in-app message 1 hour prior.

  6. Independent Account: Voucher funds are held in a dedicated account, separate from futures principal or bonus positions; trades interact solely with this account.

  7. Opening Instructions: Only supports isolated margin mode and fixed leverage multiples for opening positions.

  8. Opening Limits: A single account may hold only one voucher position at a time; If you attempt to place duplicate orders, the system will prompt you to first close the orders opened with the position voucher before proceeding.

  9. No Partial Use: The full voucher amount must be used for opening; partial amounts or change are not supported.

  10. API Restrictions: API does not support voucher ordering.

More Information

  1. Before enabling futures trading, carefully read the 「LBank Futures Trading Guide & Risk Disclosures」.

  2. For advanced reading, refer to「Understanding Forced Liquidation & Maintenance Margin Ratio in LBank Futures Trading」.

Frequently Asked Questions

  1. How do I check the validity period of a voucher?
    : In the 「My Coupons」 page, click on a specific voucher to view its validity period and status.

  2. Can vouchers be used with other funds?
    : No, voucher funds are managed independently and cannot be combined with principal or bonus positions.

  3. How are funds handled after closing a position?
    : Upon closing, any profits are automatically transferred to the user’s futures account; remaining margin is reclaimed by the platform. Related trade records can be viewed in the voucher account.

  4. How do I switch to another voucher?
    : On the futures trading page, use the 「Position Voucher - Switch」 entry to select another available voucher.

Still Need Help?

If you have further questions or cannot resolve the issue, please visit the LBank official website (https://www.lbank.com) or contact our support team at [email protected]. We are committed to providing you with a secure and seamless trading experience!