-
Bitcoin $83,313.6693
-1.61% - Ethereum
$1,824.6416
-3.06% - Tether USDt
$0.9999
0.00% - XRP
$2.0615
-1.92% - BNB
$601.0287
-0.09% - Solana
$119.7880
-4.08% - USDC
$0.9999
-0.01% - Dogecoin
$0.1661
-3.40% - Cardano
$0.6510
-3.65% - TRON
$0.2380
-0.22% - Toncoin
$3.7959
-5.14% - UNUS SED LEO
$9.3951
-0.16% - Chainlink
$13.1588
-4.27% - Stellar
$0.2636
-1.98% - Sui
$2.4047
1.82% - Avalanche
$18.6850
-3.03% - Shiba Inu
$0.0...01235
-0.22% - Hedera
$0.1650
-0.75% - Polkadot
$4.0373
-1.82% - Litecoin
$83.5682
0.58% - MANTRA
$6.4443
3.75% - Bitcoin Cash
$303.2630
-0.75% - Bitget Token
$4.5497
-1.20% - Dai
$1.0000
0.00% - Ethena USDe
$0.9998
-0.01% - Pi
$0.6605
-4.81% - Hyperliquid
$12.4411
-6.29% - Monero
$216.2784
-1.00% - Uniswap
$6.0092
-2.13% - Aptos
$5.2761
-0.41%
How to sell LBank perpetual contract
To sell perpetual contracts on LBank, fund your account, choose a trading pair, place a sell order, adjust your order as needed, and close your position by placing a buy order to offset the sell.
Nov 27, 2024 at 04:26 am
How to Sell LBank Perpetual Contracts
Step 1: Open an Account on LBank
- Visit the official LBank website and click on "Sign Up."
- Provide the necessary personal information, including your name, email, and password.
- Verify your email address and complete KYC (Know Your Customer) verification.
Step 2: Fund Your Account
- Log into your LBank account and click on "Deposit."
- Choose your preferred deposit method (e.g., bank transfer, cryptocurrency).
- Transfer funds to the provided address and wait for the deposit to be processed.
Step 3: Navigate to the Perpetual Contract Market
- Once your account is funded, click on "Derivatives" in the top menu.
- Select "Perpetual Contract" from the sub-menu.
Step 4: Choose a Trading Pair
- A trading pair represents the two assets being traded. For perpetual contracts, the trading pair will be an asset (cryptocurrency) and USDT (Tether).
- Choose a trading pair that you are familiar with and has sufficient liquidity.
Step 5: Place a Sell Order
- Click on "Sell" in the trading interface.
- Choose the type of order you want to place (e.g., Limit Order, Market Order).
- Enter the desired price, quantity, and any other relevant parameters.
- Confirm your order details and click on "Sell."
Step 6: Monitor Your Trade
- Once your order is placed, it will appear in the "Open Orders" tab.
- Monitor the status of your order and the market price of the trading pair.
- You can adjust or cancel your order if necessary from the "Open Orders" tab.
Step 7: Close Your Position
- To close your short position and realize your profit or loss, place a buy order for the same amount of quantity at the current market price.
- This will offset the sell order you placed earlier and close your perpetual contract position.
Additional Tips:
- Set a stop-loss order to protect your capital in case of adverse market movements.
- Use leverage cautiously, as it can magnify both profits and losses.
- Monitor the market closely and make informed trading decisions.
- Take into account potential risks and rewards before placing any trades.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Mutuum Finance (MUTM) Is One of the Top Solid DeFi Ventures, Alongside Pepe (PEPE) and Ethereum (ETH)
- 2025-04-03 13:15:13
- Mutuum Finance (MUTM) Surpasses $6 Million in Funding, With More Than 7,700 Holders Taking Their Positions Early
- 2025-04-03 13:15:13
- Bitcoin [BTC] Exchange Outflows Spike as Over 20,000 BTC Move to Market
- 2025-04-03 13:10:13
- Over 21,000 Bitcoins Transferred to Exchanges in the Last 96 Hours, Marking a Significant Spike in Exchange Reserves
- 2025-04-03 13:10:13
- Injective Protocol to Host Injective Builder Day in Seoul with Four Pillars on April 11th
- 2025-04-03 13:05:13
- STEPN to Launch a Major Update on April 3rd, Introducing New Ways to Play, Compete, and Rise to the Top
- 2025-04-03 13:05:13
Related knowledge
How to trade CoinEx leveraged futures?
Apr 03,2025 at 03:56am
Trading leveraged futures on CoinEx can be an exciting way to potentially amplify your profits in the cryptocurrency market. Leveraged futures allow traders to borrow funds to increase their trading position, which can lead to higher returns, but also comes with increased risk. In this article, we will guide you through the process of trading CoinEx lev...
What are the risks of KuCoin futures trading?
Apr 03,2025 at 01:14am
KuCoin futures trading offers traders the opportunity to speculate on the future price of cryptocurrencies, but it comes with its own set of risks that traders need to be aware of. Understanding these risks is crucial for anyone looking to engage in futures trading on the KuCoin platform. This article will delve into the various risks associated with Ku...
How to use Bitget contract copy trading?
Apr 03,2025 at 08:28am
Bitget's contract copy trading feature allows users to automatically replicate the trades of experienced traders, known as 'lead traders.' This can be a valuable tool for those looking to benefit from the expertise of others without having to spend time analyzing the market themselves. To start using this feature, you first need to understand how to sel...
How to set a stop loss for Bitfinex Futures Trading?
Apr 03,2025 at 12:35pm
Setting a stop loss for Bitfinex Futures Trading is an essential risk management strategy that can help traders limit potential losses. A stop loss order is an instruction to sell a futures contract when it reaches a certain price, helping you to manage your exposure in volatile markets. To set a stop loss on Bitfinex, you need to navigate through the p...
How to open an account for Gate.io Futures Trading?
Apr 03,2025 at 09:01am
Opening an account for Gate.io Futures Trading is a straightforward process that allows you to dive into the exciting world of cryptocurrency futures. To get started, you'll need to follow a few simple steps to ensure your account is set up correctly and securely. This guide will walk you through the process, from registering on the Gate.io platform to ...
What is the Getting Started Guide for Bybit Futures Trading?
Apr 03,2025 at 12:42am
Bybit is a popular cryptocurrency exchange that offers futures trading, allowing users to speculate on the price movements of various cryptocurrencies. If you're new to Bybit futures trading, this guide will walk you through the essential steps to get started. From setting up your account to understanding the basics of futures trading, we'll cover every...
How to trade CoinEx leveraged futures?
Apr 03,2025 at 03:56am
Trading leveraged futures on CoinEx can be an exciting way to potentially amplify your profits in the cryptocurrency market. Leveraged futures allow traders to borrow funds to increase their trading position, which can lead to higher returns, but also comes with increased risk. In this article, we will guide you through the process of trading CoinEx lev...
What are the risks of KuCoin futures trading?
Apr 03,2025 at 01:14am
KuCoin futures trading offers traders the opportunity to speculate on the future price of cryptocurrencies, but it comes with its own set of risks that traders need to be aware of. Understanding these risks is crucial for anyone looking to engage in futures trading on the KuCoin platform. This article will delve into the various risks associated with Ku...
How to use Bitget contract copy trading?
Apr 03,2025 at 08:28am
Bitget's contract copy trading feature allows users to automatically replicate the trades of experienced traders, known as 'lead traders.' This can be a valuable tool for those looking to benefit from the expertise of others without having to spend time analyzing the market themselves. To start using this feature, you first need to understand how to sel...
How to set a stop loss for Bitfinex Futures Trading?
Apr 03,2025 at 12:35pm
Setting a stop loss for Bitfinex Futures Trading is an essential risk management strategy that can help traders limit potential losses. A stop loss order is an instruction to sell a futures contract when it reaches a certain price, helping you to manage your exposure in volatile markets. To set a stop loss on Bitfinex, you need to navigate through the p...
How to open an account for Gate.io Futures Trading?
Apr 03,2025 at 09:01am
Opening an account for Gate.io Futures Trading is a straightforward process that allows you to dive into the exciting world of cryptocurrency futures. To get started, you'll need to follow a few simple steps to ensure your account is set up correctly and securely. This guide will walk you through the process, from registering on the Gate.io platform to ...
What is the Getting Started Guide for Bybit Futures Trading?
Apr 03,2025 at 12:42am
Bybit is a popular cryptocurrency exchange that offers futures trading, allowing users to speculate on the price movements of various cryptocurrencies. If you're new to Bybit futures trading, this guide will walk you through the essential steps to get started. From setting up your account to understanding the basics of futures trading, we'll cover every...
See all articles
