MGBX Tech Bonanza | Limited-Time Double Rewards — Share 20,000 USDT

• SNDK (SanDisk)
• SKHY (SK Hynix)
• CXMT (ChangXin Memory Technologies)
• UNITREE (Unitree Robotics)

Event 1: Try Event Contracts with First-Trade Loss Coverage | Total Prize Pool: 5,000 USDT

1. Basic Trading Reward: During the event period, users who trade designated Event Contracts with a total trading amount of ≥200 USDT will receive a 10 USDT cash reward.
2. First-Trade Loss Coverage: Users who make their first trade in designated Event Contracts can receive loss compensation based on the P&L of their first closed order. MGBX will compensate 20% of the actual loss, up to a maximum of 40 USDT per user. If the first trade is profitable, no First-Trade Loss Coverage reward will be issued.
3. Reward Stacking: The Basic Trading Reward and First-Trade Loss Coverage can be received together. Each user can receive a maximum total of 50 USDT from Event 1.
4. Participation Limit: Each user may participate only once. Rewards are limited and available on a first-come, first-served basis until the reward pool is exhausted.

Event 2: Futures Trading Challenge, Win Double Rewards | Total Prize Pool: 15,000 USDT

1. During the event period, trade the designated Perpetual Futures and reach the corresponding cumulative trading volume threshold to claim the applicable reward.
2. Once the cumulative trading volume reaches a threshold, users can claim the corresponding Futures Deduction Voucher. Rewards are issued based on the highest tier achieved and cannot be stacked across multiple tiers.
3. The reward pool for this event is limited. Rewards are available on a first-come, first-served basis until the pool is exhausted.

Event Rules

• Eligibility
  • All MGBX users are eligible to participate.
  • This event only counts trading data from the designated Event Contracts and Perpetual Futures (SNDKUSDT, SKHYUSDT, CXMTUSDT, UNITREEUSDT). Other contracts or trading products are not included in event statistics.
• Trading Amount Calculation
  • The trading amount counted for the event is the cumulative trading amount (USDT) of designated Event Contracts traded by the user during the event period.
  • The trading volume counted for the event is the cumulative trading volume (USDT) of designated Perpetual Futures traded by the user during the event period. Trading volume = Opening Price × Opening Quantity + Closing Price × Closing Quantity. Only futures trades that have been closed and generated trading fees will be counted. Trades using Futures Deduction Vouchers will not be included in the trading volume.
  • Only filled orders that are normally settled will be counted.
  • Canceled and unfilled orders will not be included in event statistics.
• Event Reward Rules
  • Each user may participate in the event tasks only once.
  • If the first settled order results in a loss, MGBX will provide a Futures Deduction Voucher equivalent to 20% of the actual net loss, up to a maximum of 40 USDT per user.
  • If the first settled order is profitable or breaks even, the user will not receive the First-Trade Loss Coverage reward.
  • Rewards from Event 1 and Event 2 can be stacked. Event 2 rewards are issued based on the highest tier achieved.
• Reward Type: Cash Rewards (Event 1) & Futures Deduction Vouchers (Event 2)
  • Distribution: All event rewards will be distributed within 7 business days after the event ends.
  • Voucher Validity: The validity period can be checked in the voucher details after distribution. Expired vouchers will be automatically cleared.
  • Voucher Usage: Futures Deduction Vouchers must be manually redeemed through the Rewards Center, and only one voucher can be used at a time. Activating a new voucher will automatically invalidate the previous voucher. Futures Deduction Vouchers cannot be used as margin for opening positions. They can only be used in Futures Trading to automatically offset closing losses and Funding Fees at the system-defined ratio.
  • Important Note on Liquidation: Futures Deduction Vouchers do not apply to losses incurred through forced liquidation. If an account position is forcibly liquidated by the system, all related losses will be fully borne by the user’s own funds.

Terms and Conditions

1. During the event period, users must comply with MGBX’s risk control rules when opening positions. Users who violate the rules by using a single account or multiple accounts to engage in long-short position locking will be disqualified from the event and subject to risk control measures in accordance with the applicable rules.
2. Event-related data will only include futures trades that generate trading fees.
3. If a user engages in bulk account registration, malicious use, fraudulent activities, illegal activities, cheating, multi-account arbitrage, long-short account hedging, or other activities with harmful intent, MGBX reserves the right to disqualify the user and revoke any rewards.
4. Users who close their accounts during the event period will be disqualified from receiving rewards.
5. MGBX reserves the right to change or modify the event terms, including but not limited to canceling, extending, terminating, or temporarily suspending the event; modifying eligibility criteria and scope; changing the selection and number of winners; and taking any measures necessary to implement such changes.
6. MGBX reserves the final right to interpret this event. If you have any questions, please contact MGBX Customer Support.