MGBX Trade & Earn Phase III –Trading Now and Share 6,888 USDT Prize Pool!

Event Rules

1. Trading Prize Pool: 4,500 USDT

• Eligibility: Users with a cumulative futures trading volume of ≥ 200,000 USDT during the event period to share a 4,000 USDT prize pool.
• Reward Calculation: Rewards will be distributed proportionally based on each user’s trading volume contribution.

2. Liquidation Subsidy Pool: 2,388USDT

• Eligibility: Users who experience a single liquidation event with an initial margin of ≥ 200 USDT during the event period can share a 2,388 USDT subsidy pool.
• Reward Calculation: Rewards will be distributed proportionally based on each user’s liquidated margin amount.

Terms and Conditions:

1. Participants must comply with MGBX Exchange Risk Control Rules. Any attempt to manipulate results by using single or multiple accounts for hedging strategies will lead to disqualification and risk control actions on the account.
2. Trading volume is calculated as closing price × quantity, only including futures trades that generate transaction fees.
3. All rewards will be distributed within 7 working days after the event concludes.
4. Each UID is eligible for rewards only once. In the event of duplicate winnings, the prize will be passed down to the next eligible participant.
5. MGBX will conduct a strict review of all participants. Any fraudulent behavior, including mass account registrations, malicious trading, exploitation, illegal activities, or any form of cheating, will result in disqualification and reward cancellation.
6. MGBX reserves the right to modify or adjust the event terms, including but not limited to cancellation, extension, termination, temporary suspension, eligibility criteria, reward selection, and any other necessary changes.
7. MGBX holds the final interpretation rights for this event. For any inquiries, please contact MGBX customer support.