LBank Publishes Prediction Futures Risk Guide Covering Liquidation, Data Dependency

According to Traders Union, LBank published a user guide detailing the risks of its Prediction Futures and Flash Futures products, covering order types, margin usage, profit-and-loss calculations, and settlement rules.

Prediction Futures allow leveraged positions on specific event outcomes rather than asset spot prices. The guide flags risks including price volatility, forced liquidation when margin falls below maintenance requirements, and dependence on third-party data for event outcome sourcing. If data providers deliver incorrect or delayed results, settlement prices may not reflect actual outcomes. Unlike spot trading, losing positions can expire at zero value.