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MGBX Global Trading King Competition

Share 50,000 USDTin Futures Rewards

 

Unlock the Trading Prize Pool

During the campaign, the corresponding prize pool will be unlocked when the platform-wide eligible futures trading volume reaches each specified tier. Up to 50,000 USDT in rewards can be unlocked.

Total Leaderboard Prize Pool (USDT)
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Total Leaderboard Prize Pool (USDT)

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Total Leaderboard Trading Volume (USDT)

Total Leaderboard Trading Volume (USDT)
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Total Leaderboard Prize Pool (USDT)

Trading Volume Leaderboard

RankUsernameEligible Futures Trading Volume (USDT)Estimated Reward (USDT)
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My Ranking

Your ranking data will be displayed once your valid trading volume reaches 100,000 USDT. If the threshold is not met, your ranking data will not be displayed.

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My Ranking

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Eligible Futures Trading Volume (USDT)

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Estimated Reward (USDT)

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Activity Rules

  1. Users must achieve a personal valid trading volume of 100,000 USDT to be eligible for the final ranking;
  2. Ranking rewards are limited to the top 200 users, and each user may only receive one ranking reward;
  3. Valid trading volume calculation formula: Valid trading volume = Opening average price × Opening quantity + Closing average price × Closing quantity; Only normal futures trades that have been closed and incurred trading fees are counted; Trades generated using trial funds or futures deduction bonus, as well as zero-fee trades, wash trades, volume brushing, abnormal trades, and arbitrage via linked accounts are not included in valid trading volume;
  4. In the event of equal trading volumes, the user who first reaches that volume ranks higher; The final ranking and reward amounts are subject to the platform’s settlement data.
  5. Reward form: Futures deduction bonus
  6. Distribution time: Within 7 working days after the end of the activity
  7. Deduction bonus validity period: Check the voucher details after distribution for the validity period; unused amounts will be automatically cleared upon expiry.
  8. Deduction bonus usage rules: Futures deduction bonus must be manually redeemed in the Welfare Center and only one voucher can be used at a time (activating a new voucher will automatically invalidate the old one). The deduction bonus cannot be used as margin for opening positions and is only used to automatically offset your closing losses and funding fees in futures trading at the system’s predetermined ratio.
  9. Liquidation restriction note: In forced liquidation scenarios, the deduction bonus does not participate in loss offset. If the account position is forcibly liquidated by the system, the related losses will be fully borne by the user’s own funds.

Terms and Conditions

  1. During the activity period, users’ opening trades must comply with the platform’s risk control rules. Users who violate the rules by using a single account or multiple accounts jointly for long-short hedging will have their participation qualification cancelled and the accounts will be subject to risk control measures as stipulated.
  2. Activity-related data only counts futures trades that incur trading fees.
  3. If a user engages in bulk registration, malicious use, fraudulent behavior, illegal activities, cheating, multi-account arbitrage, AB position hedging, or other harmful intentions, MGBX has the right to cancel the participant’s eligibility and revoke the rewards.
  4. Closing an account during the activity period will result in the cancellation of award eligibility.
  5. MGBX reserves the right to change or modify the activity conditions, including but not limited to cancelling, extending, terminating, or temporarily suspending the activity, eligibility criteria and scope, selection and number of winners, and measures required to implement the related changes.
  6. The final interpretation right of this activity belongs to MGBX. For any questions, please contact MGBX customer service.