MGBX Announces December BTC/USDT 'Long vs Short' Trading Contest

MGBX expands its December contests with a new event from Dec. 11–17, 2025 (SGT), offering $9,000 USDT in rewards for profit and volume achievements.

BTC

USDT

97d ago

Summary

MGBX will host a contract profit contest from December 11 to 17, 2025 (SGT), featuring $5,000 USDT for single profit challenges and $4,000 USDT for trading volume leaderboard rewards. The event is open to all users, expanding the company’s December promotional schedule following the earlier BTC/USDT 'Long vs Short' trading contest held Dec. 4–10, 2025.

Terms & Concepts

BTC/USDT perpetual: A perpetual futures contract tracking Bitcoin’s price against Tether (a U.S. dollar-pegged stablecoin), allowing continuous trading without expiry.
Trend-following: A trading strategy that seeks profits by aligning positions with the prevailing market direction.
Contrarian trading: A strategy where traders take positions opposite to the current market trend, seeking gains from potential reversals.