LBank Future Guide: How to Trade Step by Step [2024]

Do you want to start Future trading on Lbank but you don't know how?

Don't worry, today I will show you the best step by step guide on how to get started in the world of Future trading.

Let's go straight to the guide.

How to register at the Lbank exchange

To register at the exchange, the process is very easy.

• Register on the exchange: you will enter from the website www.lbank.com
• Certification: you will pass a very quick certification KYC
• and that was you have made your account.

How to make a deposit at the LBank exchange

To make a deposit on the Future exchange you will go to the category Buy crypto you will put your local currency and buy USDT, The ways to deposit are Bank trasnfer, visa, mastercard and you will press Confirm to buy.

How to do Future trading

Let me show you step by step how to do Future trading.

After you have deposited the money you want, you will go to the category Derivatives and after Futures.

Logically, your balance will be 0, so you will press where I have circled and send the money you want from spot into a Future.

And now you are ready to get your first transaction.

For example I have sent some money for the presentation, and we will get a buy (Long) at Bitcoin. let's see the settings I put in.

• Isolated: The trades will always be done with isolate and not cross
• Leverage: The leverage if you are a beginner always below 4x until of course you understand how it works at 100%.
• Market/Limit: Market is when you want to enter the trade immediately and limit is when you want to buy or sell at a better price.
• Amount: you will put the money you want for the trade
• Stop loss: In all the trades you will take you will put a stop loss as you can see and in the diagram I have put in specific points where you will see how much you will lose and how much you will win and if everything is as you want you will press open long.

And the trade will be opened for you and you will see if you lose or win in the P&L.

In TP/SL if there is a gap in it, you will again put where you want to be in the stop loss and take profit.

Now if you want to close the trade manually you will go to close and your position will be closed with loss or profit.

LIABILITY DISCLAIMER:

Cryptocurrency trading is VERY risky. Make sure you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your money

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