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LBank Pre-market Futures Will Launch IP (Storychain) USDT-Margined Perpetual Contract
Dear LBank users,
LBank pre-market futures will list the IP (Storychain) USDT-M perpetual contract at 12:00 on February 08, 2025 (UTC). Details are as follows:
LBank pre-market futures will list the IP (Storychain) USDT-M perpetual contract at 12:00 on February 08, 2025 (UTC). Details are as follows:
| Trading Pair | Leverage | Tick Size | Funding Fee Settlement Frequency |
| IPUSDT | 1~50X | 0.001 USDT | Every Four Hours |
Trade IPUSDT perpetual contract at:
https://www.lbank.com/futures/ipusdt
※ This will be effective upon commencement of trading.
Delivery of pre-market futures for IP crypto
We are pleased to announce that USDT-margined pre-market futures for IP will be delivered at 12:00 on February 08, 2025 (UTC). The details are as follows:
1.Delivery time
Pre-market contracts are usually delivered within 24 hours before listing on the spot market. Stay informed of any changes via our announcements.
2. Delivery price
Actual delivery price = The average price over the last hour before delivery.
Risk reminder: Prices in the pre-market futures are determined by market behavior and is not an indicator of fair market value. Pre-market contracts will be delivered before listing, and the market may fluctuate sharply before delivery. Users should stay informed about market conditions, exercise risk control, and trade cautiously.
LBank will deliver futures contracts and terminate the relevant trades. Relevant orders on the order book will also be canceled after the delivery.
LBank will deliver futures contract positions at corresponding contract's average last traded price timed at 1 hour prior to the delivery.
If the traded price displays abnormalities in the hour preceding the delivery, LBank may adjust the final delivery price to a reasonable level for delivery.
Based on market risk conditions, LBank may adjust the specifications of the IPUSDT Perpetual Contract from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
Further Information:
- A Beginner’s Guide To Futures Trading (App)
- A Beginner’s Guide To Futures Trading（Web）
- Trading Rules of USDT-M Futures Contracts
- How to Select Trading Pairs
- LBank Futures Fee Structure
- Mark Price in Perpetual Futures Contract
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For any assistance, please contact us at our official email [email protected]. We are dedicated to providing quality, professional and prompt support.
Disclaimer: Digital assets are subject to high market risks and price volatility. The value of your investments may fluctuate, and could even lead to a loss of principal. You are solely responsible for your investment decisions, and LBank is not liable for any losses you may incur. You should invest only in products you are familiar with and understand the risks involved. You should carefully consider your investment experience, financial status, investment objectives, and risk tolerance, and consult an independent financial advisor before any investment. Past performance is not a reliable indicator of future performance. Content on the LBank platform does not include advice or recommendations, and should not be construed as financial advice.
LBank reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
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