LBank to Launch 「Unslashed Finance（USF）」LBK SPECIAL SALE

Dear LBank users：

LBank will launch the “Unslashed Finance（USF）” special sale on March 16. The total amount of this sale is USF equivalent to 100,000 USDT, the “LBK Special” enjoys an equivalent of 50,000USDT, and the “USDT Special” enjoys an equivalent of 50,000USDT. the “LBK Special” participation rules are as follows :

Purchase Lottery time：11:00–18:00 on Mar 16, 2021 (UTC+8)

Purchase Supply：12,500USF

Subscription price: 4 USDT

Purchase Currency：USDT

Purchase Method：Lottery Ticket Purchase

Quota Per Lottery：200 USDT(50 USF)

Participation conditions: Real name KYC is required to participate，Spot holdings are at least 100,000 LBK

Purchase price: 200 USDT/sign

Position Snapshot Period: average position held within 7 days

Daily Snapshot Time: Mar 9, 10:00-Mar 15, 22:00(UTC+8)

Subscription price ratio: 1USDT= 0.25USF

Release rules: After the lottery is completed, all are released at one time before going online

Purchase limit：The number of purchase tickets is set according to the amount of LBK (spot + lock-up) held by the user within the specified time. Users who do not hold LBK cannot participate. Users who hold a larger amount of LBK have a higher purchase quota. The following is a comparison table of the number of LBK held for this subscription and the limit of purchase:

Example

User B participates in this round sale with snapshot balance of 210,000 USDT. The user requests for 2 lottery tickets ,The corresponding amount of USDT to be paid is:

200*2=400USDT

After lottery draw user B wins 1 and lose 1, the USDT should be returned to user B is:

200*1=200USDT

Announce Lottery Draw Result and Complete Excess Return

• Winning tickets will be announced within 2 hours after the conclusion of purchase period, and return the LBK which the tickets not win.

Trading Enable: Mar.16, 20:00(UTC+8)

The following countries&regions are not supported in this event:

Afghanistan, Albania, belarus, bosnia and herzegovina, Burundi, Burma, Canada, the democratic republic of Congo (gold), Cuba, Ethiopia, guinea Bissau, guinea, Iran, Iraq, Japan, Korea, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, somalia, Syria, Thailand, Trinidad and Tobago, Tunisia, and Uganda, Ukraine, the United States, venezuela, yemen, Zimbabwe.

Users in other countries should participate in accordance with their own nation laws.

Risk Warning

• Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. This announcement and any other information on LBank are not to be regarded as investment advice. LBank is not responsible for any losses generated by using the information thereof.
• Any individual who tampers or attempts to tamper with the process or the operations of the subscription will be disqualified from 「USDT Special Event」.
• In case of dispute, LBank reserves the final right of decision.

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