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NFTs

Toobit Launches $200,000 Event Contracts Challenge with First-Trade Protection

Last updated: January 21, 2026 7:25 pm
Published: 1 hour ago
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GEORGE TOWN, Cayman Islands, Jan. 21, 2026 (GLOBE NEWSWIRE) — Toobit, the award-winning global cryptocurrency exchange, today announces the launch of its 200,000 USDT Event Contracts campaign.

Running from January 21 to February 25, 2026, the initiative invites traders to leverage market insights through three activities that reward accuracy, consistency, and trading volume while providing a safety net for newcomers.

Activity 1: First-trade protection

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Toobit is lowering the barrier to entry for traders exploring Event Contracts. Traders who make their first prediction on BTC, ETH, SOL, or XRP Event Contracts (with a minimum order of 10 USDT) are eligible for first-trade protection. If the prediction is incorrect, Toobit will provide compensation of up to 100 USDT in Trial Funds, drawing from a weekly 10,000 USDT pool.

Activity 2: Streak to victory

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Traders who successfully predict market directions in consecutive trades can unlock greater rewards.

* 3 consecutive wins: Traders can claim a 5 USDT daily reward.

* 5 consecutive wins: Traders can claim an 8 USDT daily reward.

* 10 consecutive wins: Traders can claim a 10 USDT daily reward.

* Lucky draw: All active Event Contract traders are automatically entered into a daily draw to win 50 USDT.Activity 3: Rise to the top traders

For high-volume traders, Toobit has allocated 50,000 USDT for the leaderboard. Participants who reach a total trading volume of 100 USDT enter the rankings, with the top-ranked trader taking home a 6,000 USDT prize. Even those outside the top 50 can share in a 25,000 USDT pool based on their total volume.

“Every market move tells a story, and our Event Contracts allow traders to monetize their ability to read that narrative,” said Mike Williams, Chief Communication Officer at Toobit. “By combining a 200,000 USDT prize pool with 100 USDT first-trade protection, we are creating a space where both seasoned analysts and curious newcomers can test their instincts with reduced risk.”

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To participate, traders must register on the campaign page. For a comprehensive breakdown of the campaign, traders are encouraged to review the announcement page.

This campaign arrives as prediction markets emerge as the fastest-growing sector in the digital asset ecosystem. These markets are projected to reach $100 billion in yearly traded volume this year as they bring millions of new traders on-chain.

Prediction markets have also become a primary driver of exchange volume in 2026, with institutional capital increasingly utilizing these contracts as strategic hedging tools.

About Toobit

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Toobit is where the future of crypto trading unfolds-an award-winning cryptocurrency derivatives exchange built for those who thrive exploring new frontiers. With deep liquidity and cutting-edge technology, Toobit provides traders worldwide with the tools to navigate the digital asset markets through a fair, secure, and transparent experience. As the Official Regional Partner of LALIGA, Toobit gives traders the opportunity to play on a bigger stage and discover what’s next.

For more information about Toobit, visit: Website | X | Telegram | LinkedIn | Discord | Instagram

Contact: Davin C.

Email: [email protected]

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Website: http://www.toobit.com

Disclaimer: This content is provided by Toobit. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector-including cryptocurrency, NFTs, and mining-complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/92aaf665-a9c6-4f7a-af55-859fc5fcc045

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