You can use the Margex promo code “MXMAS100” to redeem a limited-time voucher offering up to $100 of loss coverage on eligible crypto trades.
As Web3 investors come to terms with the crypto market’s year-end volatility, Margex is launching a crypto trading loss compensation promotion this holiday season. For a limited time, users can utilize the Margex voucher code “MXMAS100” to unlock an exclusive crypto trading loss compensation of up to $100.
The exchange claims that it will cover losses of up to $100 on an eligible crypto trade. It is important to note that this holiday offer is valid only until January 10 and is available on a first-come, first-served basis to 10 users only.
Besides the fact that the promo is limited-time only, many traders are looking forward to this campaign, as it arrives as a timely addition to Margex’s existing lineup of holiday promos. It is also consistent with Margex’s reputation as a safe crypto derivatives exchange with a global footprint.
Read on to learn more about the Margex promo and how to register before the offer ends.
Margex Promo Code Review: Claim up to $100 in Loss Coverage
Most exchanges typically launch deposit bonus campaigns that focus solely on offsetting trading fees incurred by traders. But to give a holiday gift to traders, the Margex loss compensation crypto trading promo will help you recover your actual trading losses on a qualifying trade.
If your position ends in red, Margex claims to credit back the losses, up to an impressive $100 cap. You will need to use the Margex promo code MXMAS100 to unlock this benefit. That said, this offer is available only to the first 10 user redemptions, with no more than one redemption per user.
The code is only valid until January 10, 11:59 PM UTC. The offer will effectively end when either of these events (the deadline or the 10-user redemption limit) occurs. This loss-compensation promo aligns with Margex’s efforts to offer crypto trading bonuses that reward its community.
How to Register and Claim Your Crypto Trading Compensation
You can refer to the following steps to redeem the limited-time trading loss compensation offer:
- Sign Up or Log In: To begin, if you don’t yet have an account on Margex, you can sign up using basic details, like an email address, on its official website or app. Alternatively, existing users can directly log in to their accounts.
- Enter The Promo Code: Users can enter the code “MXMAS100” on the relevant promo page, typically in the “promo code” section. If you’re among the top 10 users, you should see a redemption confirmation on this page.
- Acknowledge T&Cs: It is important to review the campaign’s terms and conditions on the site to understand how loss compensation truly works.
- Trade: Once you’ve redeemed your voucher, you can proceed to trade on Margex as usual. If you lose money on this trade, the platform claims to cover up to $100 of the loss.
Ideal Use Cases: From Beginners to Copy Trading Experts
We have seen a surge in sudden market swings due to relatively low liquidity during this holiday season. In this context, the Margex loss compensation program can actually appeal to a broad range of users. This is especially relevant to new traders, who are actively looking for a safety cushion as they dip their toes into the crypto market.
Next up are active and high-leverage traders. Because the platform offers up to 100x leverage on some of the top crypto trading pairs, a psychological safety net of $100 can encourage them to test more strategies.
This promotion is appropriate for seasoned traders who are simply looking to explore a new strategy. On the other hand, even if you’re curious about trying copy trading on Margex, this promo code lets you experiment with higher confidence by reducing your downside risk.
About Margex
Margex is a crypto exchange with a forte in derivatives trading, offering up to 100x leverage on [NC], [NC], and other top cryptos. Over the years, the exchange has expanded to 150 countries and now commands a user base of more than 500,000.
The exchange features a good mix of blue-chip coins and other popular altcoins, making it suitable for most types of traders. Interestingly, new users can even create an account and perform basic trading without undergoing KYC verification. Many market observers have also highlighted Margex’s proprietary MP Shield anti-manipulation system, which protects traders from unfair price spikes and ensures fair liquidations.
Adding to the list of benefits, the exchange typically launches new promos to offer rewarding bonuses to crypto traders. The recent loss compensation promo is an effort to make that first trade, which is often the most difficult for new users, much easier. Visit Margex to learn more about the promotion and to start trading with a $100 loss safety net this holiday season.
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