MEXC has introduced the highly anticipated All New Super X-Game Phase 22 for its futures users, allowing trading with leverage ranging from 21 to 200x, and presenting rewards that surpass previous offerings. This trading event specifically caters to participants engaged in USDT-M futures trading on the MEXC platform.
The event involves four distinct types of rewards: Lucky Spin, Checkpoint Challenge, Trading Volume Ranking, and PNL Ranking. Each of these rewards comes with unique criteria, prize pools, and distribution rules.
For futures traders who have confidence in their skills, participating in such events provides an excellent opportunity to experiment with various strategies, engage in healthy competition with fellow traders, and potentially secure attractive prizes.
About MEXC Exchange
MEXC Global, a cryptocurrency exchange platform, that focuses on providing safer, smarter, and more convenient exchange services. MEXC stands as a beacon in the world of cryptocurrency exchanges, distinguished by its high-performance infrastructure and groundbreaking transaction matching technology.
In a remarkable achievement, MEXC was honored with the “Best Crypto Exchange Asia” award during the 2021 Crypto Expo Dubai event, solidifying its reputation as a leading player in the crypto space. MEXC commands a remarkable daily volume of $3.6 billion in derivatives trading, solidifying its position as a trusted market leader redefining excellence in digital asset trading.
Super X-Game Phase 22
The Super X-GAME event by MEXC Exchange is a futures trading competition designed for users seeking to engage in strategic trading practices. The event is characterized by a weekly prize pool totaling 100,000 USDT, attracting participants to explore the dynamics of USDT-M futures trading with a minimum leverage of 21x.
Super X-GAME is structured to provide participants with a professional platform to showcase their trading expertise. The rewards are distributed objectively, and participants are encouraged to approach the competition with a strategic mindset.
Event Timeline
From January 28, 2024, 16:00 (UTC) to February 4, 2024, 15:59 (UTC).
Eligibility Criteria
To ensure fairness and integrity, MEXC has established the following rules for event participation:
- Trade futures with leverage ≥ 21x.
- Be an individual user (no market makers, institutional accounts, or sub-accounts allowed).
- Have a total trading volume of at least 10,000 USDT during the event period.
- Not engage in wash trading, creating bulk accounts, self-dealing, or market manipulation.
Competition
- Top Trading Volume:
Prizes have been established for traders who achieve the highest trading volume during the competition period, with the top three traders receiving a share of 50% from the prize pool of 100,000 USDT.
- Event Task:
MEXC introduces rewarding opportunities through special tasks during the event, irrespective of the number of participants. Traders, who engage in the competition with a leverage exceeding 21, become eligible for the following event tasks:
First Experience Task: Participants making their inaugural futures trade on MEXC with a leverage exceeding 21x.
Random Bonus Task: Traders utilizing a leverage greater than 21x in futures trading are considered for the Random Bonus Task.
Total Trading Task: Eligibility for the Total Trading Task is extended to participants trading with a leverage exceeding 21x.
Reward Distribution
- The top three ranked users will receive 30%, 10%, and 10% of the total prize pool, respectively. The minimum trading volume required to be eligible for the ranking rewards is 40,000,000 USDT for first place, 24,000,000 USDT for second place, and 24,000,000 USDT for third place.
- Users who rank between 4th and 10th will receive 15% of the prize pool, divided proportionally based on their trading volume. Users who rank between 11th and 500th will receive 10% of the prize pool, divided proportionally based on their trading volume.
- There are three event tasks: First Experience Task, Random Bonus Task, and Total Trading Task. Users who complete the First Experience Task will receive 5 USDT. Users who complete the Random Bonus Task will receive 5-20 USDT. Users who complete the Total Trading Task will receive 20 USDT.
Event Rules
These are the program’s dynamics of how the rules will govern your participation. Be sure to take notes of the essential details to stay confident throughout the event.
- Eligibility Criteria: Any futures trades with ≥ 21x leverage during the event period automatically qualify for participation.
- Timely Reward Distribution: Rewards for trading volume ranking will be distributed within 3 days after the event ends, while rewards for other tasks will be distributed the following day.
- Compliance and Disqualification: All participants must strictly adhere to the terms of service. MEXC reserves the right to disqualify users suspected of engaging in wash trading, creating bulk accounts, self-dealing, or market manipulation during the event. Additionally, the platform reserves the right to revoke any bonus rewards received by such users.
Things to Take Care Of
Here are some points to take special notice of as you head towards the Super X-Game Future Trading Event.
- User Classification: Confirm your status as an individual user. Market makers, institutional accounts, and sub-accounts are ineligible for independent participation.
- Inclusive Trading Volumes: Ensure that your futures trading volumes with ≥ 21x leverage and trading fees > 0 (open position amount + close position amount) are counted, irrespective of the trading pair.
- Reward Reception: In case rewards are not received within the specified time, consider potential issues related to platform risk control. No reissuance of rewards will occur in such cases.
Tips and Strategies for the Competition
- Risk Management:
It’s crucial to prioritize risk management in futures trading. Participants are advised to invest within their means, avoiding amounts they cannot afford to lose. The use of stop-loss orders is recommended to effectively limit potential losses.
- Diversification:
Take hold of diversification as a strategic approach. Consider spreading your trades across various cryptocurrencies to effectively manage and minimize overall risk exposure.
- Stay Updated:
Knowledge is power. Participants should stay abreast of the latest news and updates related to the cryptocurrencies they are trading. Keeping informed enables more educated and strategic trading decisions.
Try your Luck
With an impressive prize pool of 100,000 USDT and rewards surpassing previous offerings, this competition by MEXC promises to be a highly rewarding experience. Traders will compete against each other, adding a dynamic element to the event. MEXC’s well-established reputation for providing a secure trading environment ensures a potentially lucrative and eventful experience for participants. Participate now!
