How to open LBank contract 75 times

After creating an account and depositing funds, traders can begin opening contracts on LBank Contract: specify contract type, entry price, stop loss order, and repeat for up to 20 concurrent contracts.

Nov 30, 2024 at 10:35 am

How to Open LBank Contract 75 Times

LBank Contract is a cryptocurrency derivatives exchange that offers a variety of futures contracts, including perpetual contracts, options contracts, and delivery contracts. To open a contract on LBank, you will need to first create an account and deposit funds into your account.

Step 10: Create an account

To create an account on LBank, visit the LBank website and click on the "Sign Up" button. You will need to provide your email address, create a password, and agree to the LBank Terms of Service. Once you have created an account, you will need to verify your email address by clicking on the link in the confirmation email that LBank will send you.

Step 20: Deposit funds into your account

To deposit funds into your LBank account, click on the "Deposit" button on the LBank website. You will then need to select the cryptocurrency that you want to deposit and provide the amount that you want to deposit. LBank supports a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Tether. Once you have selected the cryptocurrency and amount that you want to deposit, click on the "Confirm" button.

Step 30: Open a contract

To open a contract on LBank, click on the "Contracts" tab on the LBank website. You will then need to select the contract that you want to open and click on the "Trade" button. On the trade page, you will need to select the order type, the order side, the order quantity, and the order price. Once you have selected all of the order parameters, click on the "Place Order" button.

Step 40: Manage your contract

Once you have opened a contract on LBank, you will need to manage the contract. You can do this by clicking on the "Positions" tab on the LBank website. On the positions page, you will be able to view your open contracts, your closed contracts, and your order history. You can also close your contracts on the positions page.

Step 50: Withdraw funds from your account

To withdraw funds from your LBank account, click on the "Withdraw" button on the LBank website. You will then need to select the cryptocurrency that you want to withdraw and provide the amount that you want to withdraw. LBank supports a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Tether. Once you have selected the cryptocurrency and amount that you want to withdraw, click on the "Confirm" button.

Step 60: Repeat steps 3 to 5
Repeat steps 3 to 5 to open additional contracts. For each contract, specify the desired quantity, entry price, and stop loss order. LBank allows for up to 20 open contracts per account.

Step 70: Monitor the contract performance and adjust accordingly
Once the contracts are executed, keep a close watch on their performance. LBank provides real-time market data and interactive charts for traders to analyze price movements. Based on the market conditions and trading strategy, adjust the stop loss orders as necessary to manage risk and secure profits.

Step 80: Close the contracts and withdraw funds
When the contracts are reaching the desired profit targets or when the stop loss order is triggered, execute the close order to exit the positions. Calculate the realized profits or losses, and withdraw the funds back to your original deposit wallet.