Coin Price 24h %

USDT Margined Perpetual Contract Trading Competition, Win 20000 GT + 1000GT Lucky Prizes

2020-11-04 17:17:44Read:23432

We are pleased to announce that we are holding a trading competition for those perpetual contracts using USDT as margin. In the competition, we have set aside a total of 20,000 GT rewards for top winners, and 1000 GT for lucky traders. We will award the top 30 winners by ROI, every day for a consecutive 12 days. Compete with the most skilled traders at Gate.io for a prize trophy.

Competition Duration
November 4th 9:00 – November 16th 9:00 UTC (12 days in total). Competition and ranking is on a daily basis.

Reward & Distribution
Daily Reward For Top Traders:
1st Prize: 380 GT
2nd Prize: 280 GT
3rd Prize: 100 GT
4th -30th Prizes: 28 GT

Each day immediately after 9:00 UTC, we will calculate the competition results of the past 24 hours. The reward will be credited to the winning accounts the next day.

Rules
1) Conducting any perpetual contract trading (using USDT as margin) during the competition period will be deemed as “participating in the competition”.
2) Each day after 9:00 UTC, we will calculate the competition results of the past 24 hours.
3) No extra limit with regard to the funds that you deposit, nor the leverage ratio you can apply. To win a prize, the minimum daily earning should be 100 USDT at least. The Top 3 traders by ROI (earnings/total investment) will be awarded 380 GT, 280 GT and 100 GT respectively, 4th-30th 28 GT each.
4) Each account must place at least 1 order and 60 orders at most in a daily competition; orders that are placed and cancelled without any portion filled are not eligible.

About Lucky Prizes
1) Any trader conducting a trade during the competition period and in doing so, has a daily earning of 100 USDT or above has the chance to win a lucky prize.
2) The prize winning accounts on daily competition have double odds of winning.
3) We will record the lucky draw process and publish it on our social media channels within 2 working days, after the competition.

Important Notice:
1)We calculate the cumulative earnings of the following perpetual contracts: BTC/USDT, ETH/USDT, UNI/USDT, FIL/USDT, BCH/USDT, LINK/USDT, and BSV/USDT. Earning includes unrealized PNL, realized PNL, funding payment and trading fees.
2) The total investment =Initial account holdings (including unrealized PNL)+ Funds transferred in during the competition period
3) Gate.io has the right to disqualify any account that is cheating, by either pumping profits into one account, or manipulating the market price, etc.
Risk warning: Perpetual contract is traded like a spot market trade, which does not have an expiry nor settlement date. Cryptocurrencies are high-risk, speculative investments, susceptible to impact from market, policy, and other factors. Please be aware of the risks involved and make investment decisions with caution.

Gate.io reserves the final right to interpret this activity

Conduct Trading & Participate in the Competition:

BTC/USDT: https://www.gate.io/futures_trade/USDT/BTC_USDT
ETH/USDT: https://www.gate.io/futures_trade/USDT/ETH_USDT
UNI/USDT: https://www.gate.io/futures_trade/USDT/UNI_USDT
FIL/USDT: https://www.gate.io/futures_trade/USDT/FIL_USDT
BCH/USDT: https://www.gate.io/futures_trade/USDT/BCH_USDT
LINK/USDT: https://www.gate.io/futures_trade/USDT/LINK_USDT
BSV/USDT: https://www.gate.io/futures_trade/USDT/BSV_USDT


About Gate.io Perpetual Contract Market
Gate.io's perpetual contract market is the most active market in the world, with a daily volume up to 0.4 billion USDT. We have accumulated over 1000 BTC in our insurance fund to cover losses due to liquidation. We offer up to 100X leverage for BTC and support high leverage of 20X or 50X for a dozen of other assets, such as ETH,EOS,LTC,BCH,BSV and more. We use composite indices from several exchanges to mark liquidation, thus avoiding unnecessary liquidation. The futures market has been running stably and significantly reduced investors’ risk.
Please note, perpetual contracts are of high leverage and incur a high risk. Please trade within your financial capacity.

About Margin Currency Types in Gate.io Perpetual Contract Market
Currently, there are two margin currencies, BTC and USDT, in Gate.io perpetual contract markets. Based on the margin currency, we group perpetual contracts into two separate groups, USDTmargined perpetual Contracts and BTCmargined Perpetual respectively. To trade any BTC margined perpetual contract, you have to transfer in BTC to your BTC Perpetual Contracts Account as margin, where PNL is also settled in BTC. To trade any USDT margined perpetual contracts, you have to transfer in funds to your USDT Perpetual Contracts Account, where PNL is also settled in USDT. USDT margined perpetual, using a stablecoin as margin and currency to settle Profit and Loss, they eliminate the volatility in return caused by BTC price fluctuations, which are considered a better fit to beginners.



Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.



Gate.io Team
November 4, 2020


Get 30% of all referees' trading fees in the affiliate program at https://www.gate.io/myaccount/myreferrals
Click to Sign up :https://www.gate.io/m#/register
Download it now at: https://www.gate.io/mobileapp

Follow us on social
Facebook: https://facebook.com/gateioglobal
Twitter: https://twitter.com/gate_io
Telegram:https://t.me/gate_io
Instagram:https://www.instagram.com/gateioglobal
Medium:https://medium.com/@gateio
Share to: