GEORGE TOWN, Cayman Islands, Oct. 14, 2025 — Toobit, the acclaimed global cryptocurrency exchange, announced today the initiation of its Comeback Challenge, a two-week program crafted to aid traders in recovering from market instability and rebounding stronger.
This event offers full compensation for liquidated amounts to traders, including those from other exchanges, who have incurred losses due to trading. With a total fund of 100,000 USDT, the challenge aims to provide both new and existing traders with the necessary resources to regain their trading advantage.
“Market fluctuations can be difficult, and we aim to show our community that we stand by them,” stated Mike Williams, Chief Communication Officer at Toobit. “The Comeback Challenge serves as our method of establishing a safety net, offering traders compensation and supplementary funds to re-engage with the market and convert past losses into future triumphs.”
The Comeback Challenge is scheduled to run from October 13, 2025, 03:00 PM (UTC) until October 27, 2025, 03:00 PM (UTC), featuring three primary reward opportunities.
Event 1: Reimbursement for New Traders
Toobit will fully compensate liquidated amounts sustained on other exchanges after October 1, 2025. New traders simply need to register and submit screenshots of their liquidated USDT perpetual contract trades from a different exchange to qualify for up to 200 USDT in bonus funds. This pool is limited and will be distributed on a first-come, first-served basis.
Event 2: Recovery Rewards for Current Traders
Current Toobit traders who experienced liquidations exceeding 500 USDT between October 8 and October 12, 16:00 (UTC) are eligible to receive compensation of up to 500 USDT per trader to facilitate their return to trading.
Event 3: Additional Deposit Bonuses
Traders can acquire supplementary funds simply by making a deposit. Deposit tiers commence at 50 USDT for a 5 USDT reward, progressing up to 10,000 USDT for a 1,200 USDT reward.
Traders must register on the to ensure their eligibility. Comprehensive details, including guidelines for reward distribution and trading volume prerequisites, are available on the .
The inherent high volatility of the crypto market presents significant dangers, even to seasoned traders. On October 10, the sector experienced its most substantial single-day decline in history, with over US$19 billion in leveraged positions undergoing liquidation.
This swift downturn, which observed Bitcoin’s price plummet by more than 14% within 24 hours and surpassed the FTX collapse liquidation by 19 times, underscores the essential role of supportive recovery programs in assisting traders to manage risk and maintain involvement in this unpredictable market.
Concerning Toobit
Toobit represents the evolution of crypto trading—an acclaimed cryptocurrency derivatives exchange crafted for individuals eager to explore emerging opportunities. Leveraging extensive liquidity and state-of-the-art technology, Toobit empowers traders globally to confidently traverse digital asset markets. We deliver a just, protected, fluid, and clear trading environment, guaranteeing each transaction serves as a chance to uncover future developments.
To learn more about Toobit, please visit: | | | | |
Reach out to: Davin C.
Email: media@toobit.com
Website: https://www.toobit.com/
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