LBank introduces LBank Predict, integrating prediction markets and fast futures

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Ciaran Ryan

3 hours ago

LBank introduces LBank Predict, integrating prediction markets and fast futures — LBank launches prediction markets platform

LBank has launched 'LBank Predict', a platform integrated into its futures trading system that allows users to trade on the outcomes of real-world events and short-term crypto price movements through prediction markets and fast futures.

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LBank has introduced 'LBank Predict,' a platform integrated within its existing futures trading accounts that allows users to participate in prediction markets focused on real-world event outcomes and short-term cryptocurrency price movements. The system offers two primary types of contracts: 'Prediction Futures,' which cover topics such as macroeconomic, geopolitical, technological, and sports events, and 'Fast Futures,' which let users forecast short-term price movements in assets like BTC and ETH over durations as brief as five minutes.

Settlement processes use outcome data from external sources such as Polymarket and Chainlink, with features including up to 5× leverage for Prediction Futures and isolated margin management. The platform is designed to operate without requiring on-chain wallet setup or additional transfers, enabling participation directly via existing USDT holdings and eligible futures bonuses in a user's account.

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Lbank is a crypto exchange offering trading in margin, futures, options, and ETF instruments, with a broad selection of cryptocurrencies and tokens, as well as support for US dollar and Chinese yuan deposits and withdrawals. The platform features direct credit card purchases, investment programs with variable interest rates, and a referral program, while its trading commissions are set at a fixed rate of 0.1%. For more information, see the full broker profile on Traders Union.

For more on Lbank’s recent initiatives, see the earlier news about Lbank, which covered the launch of a Futures Grid campaign with a substantial USDT reward pool for both new and active traders. This underscores Lbank’s ongoing efforts to attract and engage users through innovative trading promotions.

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