Dear LBank Users,
 
To support your strategic positioning in FOGO, LBank is launching the exclusive "FOGO Spot Pre-Market Trading Price Protection" event! Participate in pre-market trading now and enjoy comprehensive loss subsidy protection, allowing you to trade early with greater peace of mind.

⏰ Event Trading Period

Pre-Market Trading Starts: January 13, 2026, 8:00 (UTC)
Pre-Market Trading Ends: To be announced (subject to further official notice)

🛡️ Price Protection Mechanism Details

Trade FOGO during the specified event period, and we will provide a subsidy for any losses incurred in your pre-market trades.
  1. Protection Rules

When the pre-market trading session concludes, if your FOGO trades during this period are settled at a loss, you will be eligible for a corresponding USDT subsidy.
If the settlement shows a profit, it does not qualify for the subsidy.
 
  1. Profit & Loss Calculation Method

Settlement Price: Determined by the average market price at the end of the pre-market trading session.
Net Trading Volume = Total Buy Order Value – Total Sell Order Value
Net Purchase Quantity = Total Buy Order Quantity – Total Sell Order Quantity
Loss Amount (Basis for Subsidy Calculation) = (Net Purchase Quantity × Settlement Price) – Net Trading Volume
 
  1. Subsidy Cap

  • The maximum subsidy amount per user is capped at 50 USDT.