LBank Futures Will Launch SILLY USDT-Margined Perpetual Contract

Dear LBank users,

LBank will list the SILLY USDT-M perpetualcontract at 10:00 on December 25, 2023 (UTC). Details are as follows:

Trading pair	Leverage	Tick Size	Funding Fee Settlement Frequency
SILLYUSDT	1~20X	0.0001USDT	Every Four Hours

Trade SILLYUSDT perpetual contract at: https://www.lbank.com/futures/sillyusdt/

※ This will be effective upon commencement of trading.

* Based on market risk conditions, LBank may adjust the specifications of the SILLYUSDT Perpetual Contract from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.

Further Information:

A Beginner’s Guide To Futures Trading (App)
A Beginner’s Guide To Futures Trading（Web）
Trading Rules of UST-M Futures Contracts
Leverage and Margin of Perpetual Futures Contracts
How to Select Trading Pairs
LBank Futures Fee Structure
Mark Price in Perpetual Futures Contract

LBank Community

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If you have problems, please contact LBank official email: [email protected], and we will provide sincere, friendly and immediate service. We also welcome you to join LBank official English community to discuss the latest issue (Telegram): https://t.me/LBank_en.

Risk Warning: Investing in digital assets is extremely risky. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and LBank is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. This material shall not be construed as financial advice in any case. LBank reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.

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