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Gate's 1st Market-Maker Trading Contest, Win $160,000 Points

2021-01-21 18:42:01Read:32102

For premium services and better liquidity, Gate.io is now launching the Market Maker Trading Contest for a chance to win $160,000 Points. In the meantime, Gate.io is also starting to recruit market makers from all over the world and sincerely welcome all talented trading strategy teams to join us.

Registration Time: 2021/01/21 -2021/01/27
Registration Link: https://www.gate.io/questionnaire/81
Contest Time: 2021/01/28 08:00:00-2021/02/27 07:59:59

This contest will be included Spot, BTC-margin &USDT-margrin perpetual contract, delivery perpetual contract arena. Every arena will have 2 independent prize pool of 20,000 Points. The total prize pool is $160,000 Points.
Pool A will be distributed to the top 20 teams according to the team's score of their performance (details as below).
Pool B will be distributed to the top 20 teams according to the team's trading volume.

Also, the top 3 teams in every pool A will also enjoy a premium VIP level reward. Spot, details as follows:


Rules of Prize Pool A:
The host will take random snapshots of every minute from 08:00:00-07:59:59 the next day. 2 parameters as below should be maintained both for getting your score in every minute.
Average Spread= (Your Best Ask-Your Best Bid)/[(Best Ask + Best Bid)/2] < the required spread
Min (total buy orders within spread, total sell orders within spread)> min required order size

Daily Composite MM score=∑(Single pair score*Pair Weight)/Numbers of participating pairs + Numbers of qualified pairs*0.1

Rules of Prize Pool B:
Prize Pool B will be rank according to their trading volume, and all trading volumes will be converted into USDT at the closing price of the day on the gate.io.

The detailed scoring rules will be automatically sent to the mailbox within 24 hours after the close of registration. If you haven't received it, please email us via [email protected]

Notice:
Participating in 8 prize pools at the same time is allowed.
If the user's award level is the same as the original VIP level, 60 days will be added to the original basis.
For API related issues, please email us via [email protected]
Points can be used for the deduction of the trading fee; 1 Points= $1 value of the trading fee. Points are non-transferable.
If the number of teams in a certain prize pool is no more than 10, a single team's award is no more than 5,000 points.
The winner's team can convert the point card into equivalent GT at a discount of 80% as needed;
Gate.io reserves the right of interpretation of the contest.


About Gate.io Global Market Maker Program
If your current 30-day spot trading volume is no less than 1,000 BTC (or futures trading volume no less than 3,000 BTC), or you can provide proof of the corresponding trading volume on other exchanges with an excellent trading strategy, you are eligible for our global market maker program. Please send the corresponding documents to [email protected] and join our global market maker program to enjoy more privileges.



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
January 21, 2021

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