Dear LBank users,
 
To give back to our global communities, LBank will launch INVF (InvestFi) Order-Book Mining competitions to give away $5,000 in $INVF (2,500,000 INVF)!
 
Event Period: May 14th 12:00 – May 19th 12:00 (UTC)
 
Order Book Mining: Trade to Share $5,000 in $INVF
LBank takes a snapshot of trading pairs every 5 minutes, records the top 10 buy orders and the top 10 sell orders in terms of pending order volume, then calculates the earnings and distributes the rewards proportionally at the end of the event, dividing the total prize pool of $5,000 in $INVF.
 
Weight of Buying Orders Weight of Selling Orders
1st: 1 1st: 1
2nd: 0.9 2nd: 0.9
3rd: 0.8 3rd: 0.8
4th: 0.7 4th: 0.7
5th: 0.6 5th: 0.6
6th: 0.5 6th: 0.5
7th: 0.4 7th: 0.4
8th: 0.3 8th: 0.3
9th: 0.2 9th: 0.2
10th: 0.1 10th: 0.1
 
Example: A buys INVF on a first pending buy order, and the value of the pending order is 10,000 USDT. If the pending order remains untraded for one day, then he could obtain the rewards as in (10000*1)/the total coefficient of the first 10 pending orders * $1000 in $INVF. B sells 100 INVF tokens on 10th pending orders, the pending price for it is 100 USDT, and the first sell order price is 2 USDT since the reward coefficient is based on the selling price. B could obtain rewards if it remains untraded, and the reward is calculated as (100*2) *0.1/Total coefficient of the top 10 pending orders * $1000 in $INVF.
 
👉Trade Now
 

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Part of the winners

LBank Account Rewards 
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jv******[email protected] 14235.1126
mh******[email protected] 13693.0326
62******[email protected] 13668.5787
 
⚠️Note:
  1. By trading INVF, users will automatically participate in the Order-Book Mining Competition activities.
  2. All rewards will be distributed within seven business days after the end of the activity.
  3. LBank reserves the right to freeze any suspected accounts and disregard any trades that we deem "wash trades" for this competition.
  4. LBank reserves the right to cancel or modify the competition or its rules at its discretion.

 

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If you have problems, please contact LBank official email: [email protected], and we will provide sincere, friendly and immediate service. We also welcome you to join LBank official English community to discuss the latest issue (Telegram): https://t.me/LBank_en.

 

Risk Warning: Investing in digital assets is extremely risky. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and LBank is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. This material shall not be construed as financial advice in any case.

 

LBank reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.