Event Contracts: Simplicity in a Complex Crypto World

A simpler way to trade your conviction

A hurricane in a canoe. That's what it often feels like trading crypto sometimes. The charts, the volatility, the sudden overnight swings that leave you either euphoric or staring at the ceiling.

 

We've all been there. It’s the wild ride we signed up for, but the complexity and unpredictable risk can be exhausting. The fear of a sudden liquidation or a margin call often overshadows the actual strategy.

 

We looked at the data, and it paints a stark picture. Recent industry studies have shown that over 91% of retail traders end up with net losses. That isn't just a number. It's a clear signal that the tools available are often too complex and unforgiving.

 

The market needed something simpler, a tool that puts control back where it belongs: with the trader.

 

That's why we built Event Contracts.

 

Clarity in a complex market

Our goal with Event Contracts was to strip away the noise. We wanted to eliminate the complicated jargon and the sleepless nights worrying about cascading liquidations. We focused on the core of every trade: a prediction.

 

Event Contracts are our answer. The entire process is distilled into a single prediction: will the price of an asset like BTC or ETH go up or down within a specific timeframe? You choose your direction, you decide your stake, and that’s it. Your maximum potential loss is exactly what you put in, and not a cent more.

 

We designed Event Contracts to be intuitive, giving you a straightforward way to act on your market insights. What makes them different is their foundation of fixed risk and zero liquidations.

 

The amount you invest is the absolute most you can lose, and your position is never force-liquidated, completely removing the stress of margin calls.

 

The trading process itself is also radically simplified. You just choose "Long" or "Short" on an asset’s price movement, allowing you to trade your market view instead of a complex instrument.

 

These contracts also feature fast settlements, with durations ranging from one minute to a full day, so they close out automatically and you see your results quickly.

 

To ensure this tool is available to everyone, we set a low barrier to entry, allowing you to get started with as little as 5 USDT.

 

Try it out with our 60,000 USDT prize pool

To celebrate the launch, we’re kicking things off with a trading event featuring a 60,000 USDT prize pool. It’s a great opportunity to explore Event Contracts, win a share of the rewards, and even receive compensation for losses on your trades during the event.

 

We built Event Contracts because we believe trading should be more about insight and less about anxiety. It’s a tool for traders who want clarity and control in a market that often offers neither.

 

Event Contracts are now available for trading on the Toobit website and will be coming to the Toobit app in a future update. Take a look and see what a simpler trading experience feels like.