How to operate LBank contract mobile phone

With its intuitive interface and robust features, the LBank Contract app empowers traders to execute cryptocurrency futures trades seamlessly on their mobile devices, enabling them to capitalize on market opportunities while on the go.

Dec 01, 2024 at 05:39 am

How to Operate LBank Contract on Mobile Phone

LBank Contract is a mobile application that allows users to trade cryptocurrency futures contracts on the go. With its user-friendly interface and powerful features, it is an ideal platform for traders of all levels. Here's a step-by-step guide on how to operate LBank Contract on your mobile phone:

Step 1: Download and Install the LBank Contract App

• Visit the official LBank website and download the LBank Contract app for iOS or Android.
• Once downloaded, install the app on your mobile device.

Step 2: Create an LBank Account

• If you don't have an LBank account, you'll need to create one.
• Tap on "Sign Up" and enter your email address and password.
• Verify your email address by clicking on the verification link sent to your inbox.

Step 3: Fund Your Account

• To start trading on LBank Contract, you need to fund your account.
• Tap on "Wallet" and select "Deposit."
• Choose the cryptocurrency you want to deposit and follow the instructions to complete the deposit.

Step 4: Understand the Interface

• Home Tab: This tab shows the latest market data, trading charts, and order book for the selected contract.
• Trade Tab: This tab is where you place and manage your orders.
• Positions Tab: This tab shows your open positions, including profit and loss (P/L) and margin.
• Orders Tab: This tab shows your recent and past orders, including filled and canceled orders.
• Account Tab: This tab provides information about your account balance, transaction history, and security settings.

Step 5: Choose a Contract to Trade

• Tap on the "Contracts" icon at the bottom of the screen.
• Select the contract you want to trade from the list.
• You can choose from various contracts, including perpetual and quarterly contracts with different leverage options.

Step 6: Place an Order

• Tap on the "Trade" tab.
• Select the order type you want to place.
• Enter the quantity, leverage, and other parameters of the order.
• Tap on "Buy" or "Sell" to place the order.

Step 7: Monitor Your Positions

• Once your order is filled, you can track its performance and manage your risk in the "Positions" tab.
• You can adjust the leverage, open additional positions, or close your positions based on market conditions.

Step 8: Withdraw Your Profits

• When you have made a profit on your trades, you can withdraw your funds to your LBank wallet.
• Tap on "Withdraw" in the "Wallet" tab.
• Enter the amount you want to withdraw, choose the withdrawal method,