Gate's 1st Market-Maker Trading Contest, Win $160,000 Points
2021-02-07 07:41:30 UTC
39757 Read
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 business@gateio 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
February 7th, 2021
Get 40% of all referees' trading fees in the affiliate program at https://www.gate.io/referral
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