Motivated by a recent work of Ache and Chang concerning the sharp Sobolev trace inequality and Lebedev-Milin inequalities of order four on the Euclidean unit ball, we derive such inequalities on the Euclidean unit ball for higher order derivatives. By using, among other things, the scattering theory on hyperbolic spaces and the generalized Poisson kernel, we obtain the explicit formulas of extremal functions of such inequations. Moreover, we also derive the sharp trace Sobolev inequalities on half spaces for higher order derivatives. Finally, we compute the explicit formulas of adapted metric, introduced by Case and Chang, on the Euclidean unit ball, which is of independent interest.