What are Leveraged Token Products?

Leveraged tokens are a type of financial derivative. It is a trading product that tracks the increase or decrease in the quantity of an underlying asset (such as BTC) within a certain period of time (e.g., 3 times, 5 times, or -3 times, -5 times). 

If the price of BTC rises by 1%, the corresponding 3x and 5x leveraged token products will rise by 3% and 5% respectively; while the corresponding -3x and -5x products will fall by -3% and -5% respectively.

Characteristics of Leveraged Token Products

No margin is required, and there is no risk of liquidation (Risk Warning: If the market moves against you, the price may approach zero in extreme situations). For investors who don't have much time to keep an eye on the market, purchasing leveraged token products can save significant time and effort.

The Naming Rule of Leveraged Token Products

For BTC as an example:

BTC3L

BTC 3x Long

BTC3S

BTC 3x Short

 

How-to Steps

Web

For Buying

1. Go to LBank Website and login to your account 👉 https://www.lbank.com/

2. Tap [Trade] - [Leveraged Tokens].

3. Tap [Buy], select [Limit], [Market] or [Trigger] to define your order type.

4. Input [Amount] before tapping on [Buy].

5. Review your Order Confirmation and tap [Confirm] if no changes.

6. To revert to the last action for changes, please tap [Cancel] to close the pop-up.

7. After your order is processed, you can check the record in Order History below the chart.

8. The most recent record will be listed on top.

For Selling

1. Tap [Sell], select [Limit], [Market] or [Trigger] to define your order type.

2. Input [Amount] before tapping on [Sell].

3. Review your Order Confirmation and tap [Confirm] if no changes.

4. To revert to the last action for changes, please tap [Cancel] to close the pop-up.

5. After your order is processed, you can check the record in Order History below the chart.

6. The most recent record will be listed on top.

App

For Buying

1. Log in to your LBank app, double tap [Trade].

2. Tap [LTs] and read Warning carefully before going to the next steps.

3. Choose your target pair, tap [Buy], select [Limit], [Market] or [Trigger] to define your order type. Input [Amount] before tapping on [Buy BTC3L].

 

4. Review your Order Confirmation and tap [Confirm] if no changes. A pop-up notification would be sent automatically after placing the order. 

5. You can check the record after your order is processed. Tap the icon [Order History], select [Transaction History].

For Selling

1. Choose your target pair, tap [Sell], select [Limit], [Market] or [Trigger] to define your order type. Input [Amount] before tapping on [Sell BTC3L].

 

2. Review your Order Confirmation and tap [Confirm] if no changes. A pop-up notification would be sent automatically after placing the order. 

 

3. You can check the record after your order is processed. Tap the icon [Order History], select [Transaction History].

Note:

  • A Limit order is to buy or sell at a specific price or better. Limit orders are not guaranteed to execute.

  • Market order is immediately matched to the best available market price.

  • Trigger orders allow traders to set target prices in advance. Only when the price reaches this level will a Limit or Market order be triggered.

 

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!