You can check the attributes of an equipment through put the mouse on it.
If the name of the equipment shows purple, it is very precious.
The “LV.2” means it has been upgraded once.
Equipment binding: The binding equipment cannot be trade between players, however, it can be sold.
“Slot: 1/3″ means the equipment can have 3 extra attributes and it already have one extra attribute.
Level required means the necessary level you should reach to use this equipment.
Attr. required means the necessary attributes you should have to use this equipment.