Dear MGBX Users,
To celebrate the partnership between MGBX and LOOP Space, we are launching the exclusive "Futures Trading Challenge" events!
During the events, users who register through the exclusive LOOP Space referral link can participate and complete specific tasks to earn future trial rewards, airdrop rewards, and limited-edition MGBX merchandise.
The event consists of three parts: Registration, Livestream & Futures Trading Competition, and Futures Trading Rewards. Don’t miss out on the chance to win multiple prizes!
1. MGBX & LOOP Space Exclusive Rewards for Registration
Event Period:
June 21, 2025 00:00 - July 4, 2025 23:59 (SGT)
Eligibility:
Users who register an MGBX account using the LOOP Space exclusive referral link
Rules:
- Eligible users will receive a 20 USDT futures trial reward after the event ends.
- Additionally, 5 lucky participants will be randomly selected to receive an MGBX Gift Box.
2.MGBX & LOOP Space Exclusive Rewards for Livestream & Futures Trading Competition
Event Period:
June 27, 2025 00:00 - July 4, 2025 23:59 (SGT)
Registration Period:
June 21, 2025 00:00 - June 26, 2025 23:59 (SGT)
Eligibility:
- Download LOOP Space and complete registration including Twitter binding
- Register an MGBX account through the LOOP Space referral link
- Complete and submit the official event registration form
Rules:
- During the registration period, users should complete the above steps and submit the form correctly.
- Upon successful registration, MGBX will airdrop 1,000 USDT in Competition-Only Future Bonus to the participant's account prior to the start of the event. These funds are strictly for use in the futures trading challenge and cannot be withdrawn, transferred, or used for any other purpose.
- Once the event begins, participants must use their registered MGBX accounts to conduct future trades and livestream their trading process via LOOP Space. The livestream title must include the tag "LOOP x MGBX Futures Trading Competition", and the total livestream duration must exceed 1 hour during the event period.
- At the end of the event, the organizers will rank all eligible participants based on their return on investment (ROI) during the event. The top 5 users will be awarded as winners of the Futures Trading Challenge.
Prize Pool:
Ranking | Merchandise | Airdrop Rewards | Future Bonus |
1 | MGBX Gift Box Set ×1 | 250 USDT | 250 USDT |
2 | MGBX Gift Box Set ×1 | 200 USDT | 200 USDT |
3 | MGBX Gift Box Set ×1 | 150 USDT | 150 USDT |
4 | - | 100 USDT | 100 USDT |
5 | - | 50 USDT | 50 USDT |
About Competition-Only Futures Bonus:
- The Futures Bonus is for one-time use only. Upon position closure—regardless of P&L—the portion used as margin will be automatically reclaimed.
- Any profits generated using the Futures Bonus will not be credited to the participant’s account. These earnings are recorded solely for performance tracking and leaderboard display within the trading challenge.
- Any unused Futures Bonus will be automatically reclaimed at the end of the competition.
3. MGBX & LOOP Space Exclusive Rewards — Futures Trading
Event Period:
June 21, 2025 00:00 - July 4, 2025 23:59 (SGT)
Eligibility:
Users who registered via the LOOP Space referral link but did not enroll in the Futures Trading Ranking Challenge
Rules:
Qualified users can receive additional Future Bonus based on their cumulative futures trading volume during the event:
Trading Volume (USDT) | Future Bonus |
200,000 | 5 USDT |
500,000 | 15 USDT |
1,000,000 | 40 USDT |
2,000,000 | 100 USDT |
5,000,000 | 300 USDT |
Note: Trading Volume = Close Price × Closing Quantity
Terms & Conditions:
- All rewards will be issued within 7 business days after the event ends.
- Winners of the merchandise prize should contact MGBX customer support with proof of eligibility to provide shipping details.
- All trading activities must comply with MGBX Exchange Risk Control Rules. Participants found to have used prohibited or manipulative methods to gain unfair advantages will be disqualified and subject to account-level risk control actions in accordance with platform regulations.
MGBX Team
June 26, 2025
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