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MGBX Launches First Trade Loss Compensation Offer for Event Contracts

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MGBX launches its first trade loss compensation offer for event contracts, according to digital asset news. From June 8 to June 14, 2026 (SGT), new users who incur a loss on their first event contract trade will receive 50% of their loss back, up to 100 USDT. Event contracts are ultra-short-cycle derivatives in which users predict price direction. The campaign coincides with new token listings on the platform.

Odaily Planet Daily reports: The MGBX platform will launch the "First Event Contract Loss Compensation Campaign" from June 8 to June 14, 2026 (SGT), open to users making their first event contract trade. During the campaign, users who complete their first event contract trade via the MGBX app will receive a 50% compensation on any resulting loss, with a maximum cash compensation of 100 USDT per user.

Event contracts are ultra-short-term predictive derivatives; users only need to predict the price direction of the underlying asset to participate in trading, without having to calculate entry price, leverage, margin, or liquidation price.

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