LBank has wrapped up its latest 24-hour trading contest, distributing a 200 USDT prize pool to the ten traders who posted the best results in the exchange's "5X arena."
According to LBank, all ten winners have already had their rewards credited to their exchange accounts, and the exchange published a full list of winners for users to review.
Part of LBank's recurring short-cycle contests
The 24-hour flash format is one of several promotional trading contests LBank runs regularly to drive activity on its platform, alongside longer-running campaigns such as its copy-trading promotions, which let users follow the positions of more experienced traders rather than building their own strategies from scratch.
LBank has separately been promoting its copy-trading feature, encouraging users to follow strategies from experienced traders rather than "chasing every chart," part of a broader effort to lower the barrier to entry for newer traders on the exchange.
A modest but steady incentive structure
At 200 USDT split across ten winners, the flash contest's payouts are modest compared to some of LBank's larger promotional campaigns, but the frequent cadence of these short contests gives the exchange a recurring way to reward active traders and keep engagement high between bigger campaign launches.
