INTERNET CITY,, DUBAI, 13th January, 2023, Chainwire
Global exchange LBank has revealed more details about its new system for trading crypto derivatives. The exchange’s tech team has shared fresh information about the update which was implemented on December 27 and has disclosed further upcoming improvements.
LBank’s new industry-leading derivatives system promises a stable, user-centric experience 24/7. The updated system for handling LBank’s derivatives products features more flexible trading options including functions for managing stop-losses and managing profits, more comprehensive data charts, and security enhancements. A dedicated service team is on hand to help users with trading problems in a timely manner and gather user feedback for the tech team.
The new derivatives trading system is a milestone release for LBank’s tech team, which shared: “After six months of hard work and tons of feedback sessions with users, we are very excited about the final product. We believe the update matches the growing need for a user-centric crypto derivatives platform and LBank’s philosophy to drive innovation in the industry.”
Derivatives on LBank are primarily made up of perpetual contracts, which are crypto future contracts without an expiry date. Traders can also employ the Tether (USDT) stablecoin to flexibly adjust leverage and margins after opening long or short positions.
The engine behind the new derivatives system can process massive amounts of orders per second with a minimal latency of only 5 milliseconds. A wide range of popular operating systems is compatible so that users can trade anywhere and from any device.
Derivative products for portfolio investments are next on LBank’s roadmap. In addition, there are optimizations to trading pairs and settlement contracts, as well as brand-new derivative products that will allow unified accounts of multiple users to make portfolio investments.
Top crypto exchanges are constantly striving towards a more optimal user experience for trading cryptocurrencies and other assets. Improving the quality of derivatives programmes, which dominate total crypto market volume, are critical to realizing this goal.
LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 7 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute the global adoption of cryptocurrencies.
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LBK Blockchain Co. Limited