Odaily News According to the announcement of LBank, LBank will launch Abstract (ABS) pre-market trading at 14:00 (SGT) on March 14, and open the ABS/USDT trading pair. It is reported that the delivery of ABS pre-market trading will be carried out at the official opening. LBank will redeem tokens 1:1 for ABS pre-market trading and official trading, and promises that the withdrawal time of ABS will not be later than other centralized exchanges in the market.
At the same time, in order to protect the interests of users to the greatest extent, LBank launched a price protection limited activity to provide all-round protection for ABS spot pre-market transactions. When the pre-market transaction ends, if the price of the ABS held by the user is lower than the average pre-market transaction price in the industry market, the loss caused by the price drop will be subsidized by LBank, up to 50USDT, and the subsidy will be paid to the user's spot account in the form of USDT within 3 days after the end of the pre-market transaction.