Announcement that LBank lists Grid Trading in the Trading Bot and launches trading contest

LBank Exchange
2 min readApr 25, 2021

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Dear LBank users:

LBank will list trading bot product and “Grid Trading” at 12:00 on April 20, 2021 (UTC+8) , and the pairs that have already been opened for grid trading include: BTC/USDT, ETH/USDT, DOT/USDT, BNB/USDT

In order to celebrate the listing of the LBank Grid Trading, the “LBank First Grid Trading Contest” will be launched.

Activity time: 2021/04/23 16:00–2021/04/30 16:00 (UTC+8)

Conditions of participation:

1) Complete the KYC Verification.

2) Strategies for deploying Grid trading in the trading bot.

3) Committed assets ≥ 1,000 USDT.

Activity Description:

Activity 1: Grid Benefit Prize

Total prize: 10,000 USDT

Activity rules: During the contest period, the user deploys a trading pair using the grid trading in the LBank trading bot.

1) If the grid pair runs for 24 hours, the number of trades is ≧ 30, and the amount invested in a single entry order is ≧ 1,000 USDT and is a valid trade, you will receive 30 USDT.

2) 50 USDT will be awarded if the grid pair runs for 72 hours, the number of trades is ≧ 30, the amount invested in a single entry is ≧ $1,000 USDT and the trade is valid.

Limited to 10,000 USDT, both rewards are non-combined. First come, first served.

Prize 2: Grid Ranking Contest

Total prize: 35,000 USDT

Rules:On the basis that the grid has been running for 24 hours, the number of runs is ≧ 30 or more, and the amount invested in a single order is ≧ 1,000 USDT and is a valid trade (excluding account-to-account and self-dealing), we will rank the annualised returns of users throughout the contest period 35,000 USDT.

№1: 20,000 USDT

№2: 5,000 USDDT

№3: 2,000 USDT

№4–10: 500 USDT

№11–20: 300 USDT

№21–30: 200 USDT

* There is only one chance for each entrant to win the Personal Power Award, meaning that 30 different winners will eventually be selected.

Prize 3: Community Organisation Award

Total prize: 5,000 USDT

Rules: If a community is invited to participate in the LBank Deployment Grid, then a single community that invites more than 10 people to participate in the deployment will split the $5,000 Community Organisation Prize.

Communities are required to submit a form to enter: link

Prize 4: New User Benefit

Reward: One month of LBK membership

Rules: New users who register to participate in Grid Trading during the event period and whose individual Grid Trading deployments exceed $1,000 will receive a one-month LBank membership, which entitles them to one month of free trading procedures.

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LBank Exchange
LBank Exchange

Written by LBank Exchange

LBank (https://www.lbank.com/) —The World’s Leading Digital Asset Exchange.

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