Dear LBank Users,
In order to improve system performance and enhance your experience, we’ll be updating our commission distribution rules effective October 31, 2024 (UTC+8, the same below). Here are the main changes:
1.New Commission Settlement Cycle
Starting from October 31, 2024, the commission settlement period will shift from the previous “16:00 on T-1 day to 16:00 on T day” to “00:00 to 24:00 on T day.” Commissions generated from orders between 00:00 and 24:00 on T day will now be distributed after 10:00 on T+1 day. During the transition, commissions will be settled as follows:
Commissions from orders between 16:00 on October 29, 2024 and 16:00 on October 30, 2024 will be distributed after 16:00 on October 30, 2024.
Commissions from orders between 16:00 on October 30, 2024 and 24:00 on October 31, 2024 will be distributed after 16:00 on November 1, 2024.
Commissions from orders between 00:00 and 24:00 on November 1, 2024 will be distributed after 10:00 on November 2, 2024. Moving forward, daily commissions will be distributed after 10:00 the following day.
2.Combining Commissions of the Same Cryptocurrency
With this update, if multiple commissions in the same cryptocurrency are generated within the settlement cycle, they will be combined into a single payout. Spot and Futures order commissions will be settled separately.
If you have questions or need any assistance, please reach out to our customer support team. Thank you for your understanding and continued support!
Best Regards, The LBank Team
LBank Community
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.