-
Bitcoin $97,603.4924
1.12% - Ethereum
$1,846.5155
0.39% - Tether USDt
$1.0002
-0.02% - XRP
$2.2359
0.30% - BNB
$599.7905
-0.54% - Solana
$151.2114
-0.66% - USDC
$0.9998
-0.03% - Dogecoin
$0.1824
1.84% - Cardano
$0.7141
1.69% - TRON
$0.2462
-0.94% - Sui
$3.4736
-5.94% - Chainlink
$14.8228
-0.22% - Avalanche
$21.4468
0.59% - Stellar
$0.2783
-0.29% - UNUS SED LEO
$8.8778
-0.86% - Shiba Inu
$0.0...01355
0.43% - Toncoin
$3.1890
-0.13% - Hedera
$0.1874
-0.43% - Bitcoin Cash
$374.3142
1.13% - Hyperliquid
$20.9109
1.47% - Litecoin
$88.6582
1.96% - Polkadot
$4.2273
1.58% - Dai
$1.0000
-0.02% - Monero
$286.3224
4.81% - Bitget Token
$4.4075
0.55% - Ethena USDe
$1.0009
0.03% - Pi
$0.5984
-2.01% - Pepe
$0.0...08792
-0.76% - Aptos
$5.4782
-0.43% - Uniswap
$5.2828
-0.88%
How to sell LBank contract
To sell an LBank contract, select the desired contract from the platform's "Perpetual" tab, enter the number of contracts to sell, and execute the "Sell" order after reviewing the details.
Nov 24, 2024 at 10:14 pm
How to Sell LBank Contract
Selling LBank contracts can be a straightforward process if you follow the steps outlined below:
Step 1: Understanding LBank Contracts
LBank contracts are perpetual futures contracts that allow traders to speculate on the price of underlying cryptocurrencies without physical settlement. They provide leverage up to 100x, enabling traders to amplify their potential gains but also exposing them to greater risks.
Step 2: Funding the Account
To sell LBank contracts, you need to ensure there are sufficient funds in your account. You can deposit funds in various ways, including cryptocurrencies, fiat currencies, and credit cards. The minimum deposit amount varies depending on the payment method selected.
Step 3: Navigating the LBank Interface
Access the "Derivatives" section from the LBank website's top menu. This will direct you to the derivatives trading platform, where you can trade futures, perpetual contracts, and options. Choose the "Perpetual" tab to view LBank's perpetual contract offerings.
Step 4: Selecting the Contract
LBank offers a wide range of perpetual contracts covering various cryptocurrencies. Identify the contract you wish to trade by selecting it from the list. Each contract's page provides key information such as the underlying asset, leverage options, trading fees, and historical price data.
Step 5: Placing the Sell Order
Once you have chosen the contract, decide the number of contracts you want to sell. Enter this number in the "Amount" field. Select the "Sell" button to place the order. Before executing the order, carefully review the details, including the contract price, fees, and potential profit or loss.
Step 6: Monitoring the Order
After placing the sell order, it is recommended to monitor its progress. You can view open orders and track their status in the "Orders" tab. LBank provides real-time updates on order execution and any changes in price or position.
Step 7: Profit or Loss Realization
If the price of the underlying asset moves in the direction you predicted, you will realize a profit on your sell position. The profits can be calculated based on the difference between the selling price and the current market price multiplied by the number of contracts sold. On the other hand, if the market moves against your position, you will incur a loss.
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.
- Bitcoin is currently trading above $97K amid positive sentiments regarding a possible US-China trade deal.
- 2025-05-02 22:35:12
- Bitcoin (BTC) Is Currently Trading Above $97K Amidst Positive Sentiments Regarding a Possible US-China Trade Deal
- 2025-05-02 22:35:12
- Royal Mint VE Day coin available now
- 2025-05-02 22:30:12
- Binance Unveils the StakeStone (STO) Airdrop Listing in its HODLer Program, Putting Upward Pressure on the Token Price
- 2025-05-02 22:30:12
- Tether (USDT) is preparing to launch a U.S.-based dollar-pegged token as early as this year.
- 2025-05-02 22:25:12
- ZA Miner launches Trump Coin, a politically inspired digital currency on Ethereum, combining collector appeal with real blockchain utility
- 2025-05-02 22:25:12
Related knowledge
How to adjust the leverage in Gemini contract? Will it affect the current order?
May 02,2025 at 08:07pm
Introduction to Leverage in Gemini ContractsGemini, a well-known cryptocurrency exchange, offers futures contracts that allow traders to speculate on the future price of cryptocurrencies. One of the key features of these contracts is the ability to use leverage, which can amplify both potential gains and losses. Leverage in Gemini contracts refers to th...
How to switch trading pairs in Gemini contract? Will it affect existing positions?
May 02,2025 at 01:43am
Switching trading pairs in the Gemini contract can be a crucial aspect of managing your cryptocurrency portfolio. This guide will walk you through the process of switching trading pairs and discuss whether this action will affect your existing positions. Understanding these elements is essential for effective trading on the Gemini platform. Understandin...
How to modify the security settings of a Gemini contract? What measures are recommended?
May 02,2025 at 06:35pm
Modifying the security settings of a Gemini contract and implementing recommended security measures are crucial steps in safeguarding your cryptocurrency assets. This article will guide you through the process of adjusting security settings on the Gemini platform and outline the best practices for maintaining the highest level of security for your contr...
How to cancel pending orders in a Gemini contract? Is there a time limit?
May 01,2025 at 11:14pm
When managing your cryptocurrency trades on Gemini, understanding how to handle pending orders, especially within the Gemini contract framework, is crucial. Pending orders are those that have been placed but not yet executed. If you find yourself needing to cancel these orders, Gemini provides a straightforward process to do so. Additionally, knowing wh...
How to transfer assets in a Gemini contract? Is there a handling fee?
May 02,2025 at 12:36am
Transferring assets within a Gemini contract involves a straightforward process that ensures the secure movement of your cryptocurrencies. Whether you're moving funds between your own accounts or sending them to another user, understanding the steps and potential fees is crucial. Let's delve into the details of how to transfer assets in a Gemini contrac...
How to view the historical orders of the Crypto.com contract? Can the data be exported for analysis?
May 01,2025 at 11:28pm
Introduction to Viewing Historical Orders on Crypto.comCrypto.com offers a wide array of trading options, including futures and perpetual contracts. For traders, understanding and analyzing past trades is crucial for improving strategies and performance. In this article, we will guide you through the process of viewing your historical orders on Crypto.c...
How to adjust the leverage in Gemini contract? Will it affect the current order?
May 02,2025 at 08:07pm
Introduction to Leverage in Gemini ContractsGemini, a well-known cryptocurrency exchange, offers futures contracts that allow traders to speculate on the future price of cryptocurrencies. One of the key features of these contracts is the ability to use leverage, which can amplify both potential gains and losses. Leverage in Gemini contracts refers to th...
How to switch trading pairs in Gemini contract? Will it affect existing positions?
May 02,2025 at 01:43am
Switching trading pairs in the Gemini contract can be a crucial aspect of managing your cryptocurrency portfolio. This guide will walk you through the process of switching trading pairs and discuss whether this action will affect your existing positions. Understanding these elements is essential for effective trading on the Gemini platform. Understandin...
How to modify the security settings of a Gemini contract? What measures are recommended?
May 02,2025 at 06:35pm
Modifying the security settings of a Gemini contract and implementing recommended security measures are crucial steps in safeguarding your cryptocurrency assets. This article will guide you through the process of adjusting security settings on the Gemini platform and outline the best practices for maintaining the highest level of security for your contr...
How to cancel pending orders in a Gemini contract? Is there a time limit?
May 01,2025 at 11:14pm
When managing your cryptocurrency trades on Gemini, understanding how to handle pending orders, especially within the Gemini contract framework, is crucial. Pending orders are those that have been placed but not yet executed. If you find yourself needing to cancel these orders, Gemini provides a straightforward process to do so. Additionally, knowing wh...
How to transfer assets in a Gemini contract? Is there a handling fee?
May 02,2025 at 12:36am
Transferring assets within a Gemini contract involves a straightforward process that ensures the secure movement of your cryptocurrencies. Whether you're moving funds between your own accounts or sending them to another user, understanding the steps and potential fees is crucial. Let's delve into the details of how to transfer assets in a Gemini contrac...
How to view the historical orders of the Crypto.com contract? Can the data be exported for analysis?
May 01,2025 at 11:28pm
Introduction to Viewing Historical Orders on Crypto.comCrypto.com offers a wide array of trading options, including futures and perpetual contracts. For traders, understanding and analyzing past trades is crucial for improving strategies and performance. In this article, we will guide you through the process of viewing your historical orders on Crypto.c...
See all articles
