LBank, as a leading global cryptocurrency exchange, offers perpetual futures trading services with leverage up to 125x, enabling users to amplify potential returns. Futures trading is suitable for experienced traders but carries high risk, potentially resulting in total loss of principal. This guide covers basic operational procedures to help LBank users trade safely and efficiently. Before proceeding, please ensure you have read and agreed to「LBank Futures Service Agreement」and assessed your personal risk tolerance.

Opening A Futures Account

  1. Go visit LBank Official Website, log in, and tap 「Futures」 at the top menu. Tap「Confirm」to Agree to open a Futures Account for completing the setup.

  1. Note: Account opening is free, but users in certain regions may need to complete KYC verification to unlock full features. If you have not yet registered an LBank account, refer to the official registration guides (「How to Create A LBank Account With Email」,「How to Create A LBank Account Via SMS」&「LBank SMS Authentication Support」）.

Fund Transfers & Margin Management

  1. Transfer Funds：Transfer USDT or other margin assets from the spot account to the futures account.

    • Method 1：Navigate to tap 「Deposit」, if Spot Account has balance , if your spot account has a balance, tap「Deposit Crypto」to go to「Transfer」, enter the「Transfer Amount」, and tap「Confirm」to submit.

      • 📌 If your spot account has no balance, first select「One-Click Buy」or「P2P Trading」to fund your account.

  • Method 2：Navigate to tap「Assets/Wallet」>「Transfer」, select direction from Spot to Futures, enter the transfer amount, tap 「Confirm」to submit.

  • Method 3：Enter to「Futures Trading」and tap 「+」as captured, enter「Transfer Amount」>「Confirm」to submit request.

  1. Margin Modes: Supports Isolated Margin (risk isolated per position) and Cross Margin (shared across the entire account). Switch modes in the trading interface before opening a position; it cannot be changed after. 

  1. Leverage Adjustment: Before each futures trade, swipe to adjust leverage (1-125x, depending on the trading pair) in the pair details. High leverage amplifies both profits and risks; beginners should start with low leverage.

Selecting Trading Pairs & Opening Positions

  1. Select Targets：Enter to「Futures」, tap「Trading Pair」from top left of the trading view board to search or browse pairs (e.g., BTC/USDT, ETH/USDT) by conditions.

  1. After selecting the target trading pair, enter the trading interface to view the K-line chart, depth chart, and latest price. Customize the chart based on personal preferences.

    • Real-Time Price & Charts: Displays the trading pair’s real-time price with chart options like 「Original」,「TradingView」, or「Depth」, showing open, close, high, and low prices. Charts support customizable timeframes (1 minute, 15 minutes, 4 hours, 1 day and more) and allow adding technical indicators (e.g., Moving Average or RSI) to analyze price trends.

    • Order Book: Shows buy/sell order depth with multiple price levels and corresponding order volumes. Switch between「Order Book」or「Trades」modes to assess market supply and demand and plan trades.

    • Trading Options: Offers「Market Order」,「Limit Order」,「Trigger Order」and「Post Only Order」functions, along with leverage adjustments. Users can quickly buy or sell and view current account balance.

  1. Order Types for Opening Positions: Tap to select「Order Type」and set「Contract Units」.

    • Market Order: Executes immediately at the current market price, ideal for quick entry.

    • Limit Order: Executes at a specified price when reached, suitable for precise cost control.

    • 📌See details from「LBank Futures Order Types Introduction」.

  • Stop Orders (Stop Loss/Take Profit): Set trigger prices to limit losses (Stop Loss) or secure profits (Take Profit). As shown, tap「Advanced」during order placement to configure「Take Profit/Stop Loss」.

Position Management & Closing

  1. View Positions: After order confirmation, scroll down in the current pair page to the order details for 「Positions」, including「PnL%」, 「Unrealized PnL」,「Estimated Liquidation Price」and「Maintenance Margin Ratio」.

  1. Close Positions: In 「Futures > Positions」, locate the order and tap「Close」to use market or limit closing. Partial closes can be entered as a percentage (e.g., 50%) to proceed. Alternatively, tap「MKT Close」to stop the corresponding order with Market Price.

  2. One-Click Reverse: A convenient LBank futures feature allowing users to open a reverse position (e.g., long to short) with the same size as the current one, automatically closing the original and establishing the new position—ideal for quick market reversals to lock in profits or cut losses.

  1. Risk Controls：

    • Monitor Margin Ratio: Liquidation triggers if it falls below the maintenance margin rate, automatically closing positions to stop losses.

    • Funding Rates: Longs pay shorts (or vice versa), depending on market conditions; monitor for long-term holds.

  2. Tip: Use take-profit and stop-loss orders for automated management to avoid emotional decisions.

Risk Management & Best Practices

  1. Risk Principles: Never risk more than 1-2% of total capital per trade; diversify across pairs; set stops to limit potential losses to no more than 5%.

  2. Common Pitfalls to Avoid: Do not overuse leverage (>20x for advanced users only); check funding rates regularly; practice with small demo trades to familiarize yourself with rules, progressing gradually.

  3. Advanced Features: Explore More About Copy Trading to replicate strategies from pro lead traders; or try Leveraged Tokens to simplify operations.

  4. Funding Rate: See details from「Funding Rate: Definition, Components and Uses」.

Still Need Help?

LBank futures trading provides powerful tools, but success relies on discipline and knowledge. Stay informed on market dynamics and incorporate technical analysis.

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!