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Coin Price 24h %

Gate.io Startup 20% Discount BTC Sale Result Announcement

2019-05-26 16:05:19Read:146951

The first Gate.io Startup Special Offer with 20% Discount BTC Sale has been successfully completed. For more Startup Special Offers with Top Currencies, please go to: https://www.gate.io/startup.

In this sale, a total of 250.4491 BTC was purchased (the total worth is $2 million USD, and was sold with 20% discount). The received 2099475.9656 GT are all stored in the GT Safety and Law Fund. The sale has 3149 participants and Gate.io has offered a discount worth of $400,000 USD.

The purchase result of the Gate.io Startup 20% Discount BTC Sale is as follows:

BTC Startup Sale Amount: ;250.4491
original BTC market price: 7895.82 USDT
Startup BTC price (20% off): 6388.656 USDT
Total value of orders (in USDT): 20,020,427
Total value of qualified orders (in USDT):19,943,967
Number of orders:3149
Number of Qualified orders: 3127
Percentage of qualified orders: 99.3013 %
Percentage of succeeded purchases: 99.6180 %
Number of participants: 3149
Number of qualified participants: 3127

Average qualified order value per user (in USDT): 6377 USDT
Average distribution value per user (in GT): 671 GT
Average distributed GAMT per user: 0.0801 BTC
Largest amount of BTC purchased in a single order: 0.60009 BTC

F (distribution ratio with GT) = 0.080226428657003

Per the previous announcement, all qualified orders will obtain the token on sale equally. To guarantee transparency and fairness, all original records are stored for possible third-party auditing.

Attention: Most unqualified orders occurred due to insufficient balance in the user account. Please ensure there is sufficient balance (exceeding the purchasing value) for the order by UTC 8:00 A.M. The insufficient balance will result in the cancellation of the purchase order.

The blockchain industry is ever-developing, while Gate.io has also been insisting on providing a secure and transparent exchange platform with no market manipulations. With our veteran experience in the blockchain technology and the recognition from millions of users, Gate.io has proudly ranked as one of the world’s top 10 cryptocurrency exchanges.

#Startup Special Offers with Top Cryptocurrencies

To thank our users, we're introducing Startup Special Offers with top cryptocurrencies. We will launch sales of some of the most popular traded currencies (e.g. BTC, ETH, EOS, etc) with discounts on a monthly basis. The purchase rules are as follows:

1) Time: The Startup Special Offer will take place 1-4 times every month.
2) Discount: Each Sale offers 20% to 50% discount.
3) Currencies for Sale: Mainstream cryptocurrencies such as BTC, ETH, EOS, etc.
4) Requirements: Users need to be a VIP and have GT holdings to participate.
5) Purchase Platform: Users can participate in the sales on the Gate.io Startup platform.
6) Purchase Time: Users can place orders within the given 2 hours during the sale, all the orders placed within these 2 hours will be treated equally.
7) Purchase Price: The Startup Sale price will be set 3 hours prior to the sale according to the market price and discount rate.
8) Purchase Limit: The individual purchase limit will be calculated based on the average holdings of GT 14 days prior to the sale (this includes owned GT assets, irrelevant of whether USDT was borrowed to purchase them or if it has been lended out; however, GT borrowed from Margin Trading directly is not considered an owned asset). Users with no GT holdings cannot participate in the sale. Participants will have a higher purchasing limit if they hold more GT.

The completed Startup Special Offers:
Gate.io Celebrates Bitcoin Pizza Day and launches 20% Discount BTC Sale on Startup

Upcoming Startup Special Offer:
Gate.io Offers Startup ETH Sale with 34% Discount on Dragon Boat Festival
Gate.io Offers Startup EOS Sale with 50% Discount

Please stay tuned for more upcoming special offers!

We sincerely appreciate your continuous support. Stay tuned for more innovative products from Gate.io!

Gate.io is a trading platform that does not charge listing fee, only launches quality projects, and provides users with a 100% guarantee and instant deposit-withdrawal services.

Get 30% trading fee in the affiliate program at https://www.gate.io/myaccount/myreferrals
Gate.io New Features:
Spot Trading on Gate.io (200+ tokens): https://www.gate.io/trade/BTC_USDT
Margin Trading on Gate.io (Long or Short): https://www.gate.io/margin_trade/BTC_USDT
Perpetual Contract Trading: https://www.gate.io/futures_trade/BTC_USD
Lending on Gate.io (secure and stable, high annual return): https://www.gate.io/margin/lend/USDT
Periodic Investment Plan on Gate.io: https://www.gateio.co/autoinvest
C2C Trading on Gate.io: https://www.gate.io/c2c/usdt_cny
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Gate.io
May 26, 2019