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Announcements Gate.io ESS Trading Competition, Total Reward of $10K To Be Won
Gate.io ESS Trading Competition, Total Reward of $10K To Be Won
2021-04-05 07:17:32 UTC 167055 Read
Gate.io is currently holding a "Trade ESS Token" competition. We have a pool of $10,000 in rewards for users who trade ESS. “Lock ESS to Earn” will be launched soon, So stay tuned!

New users need to sign up Gate.io to participate.

Trade ESS now: https://www.gate.io/en/trade/ESS_USDT


Competition Period
April 5th 07:00 AM GMT---April 12th 07:00 AM GMT, 2021 (7 days in total)


1、Trading Competition: Trade ESS to share $1,000,000 in rewards

The top 100 user based on trading volume will share over 796,800 ESS (about $10,000)
1st Place: 79,700 ESS (about $1,000)
2nd Place: 64,650 ESS (about $810)
3rd Place: 51,800 ESS (about $650)
4th Place: 37,450 ESS (about $470)
5th Place: 26,300 ESS (about $330)
The remaining 95 participants will share the remaining 537,000 ESS (about $6,740 USD) based on trading volume.

*Note: The 6th-100th place bonuses are capped at 26,300 ESS

During the competition, participants need to purchase and hold at least 63,700 ESS.
Participate now!

2、$300 ESS for Twitter Giveaway
From now on, we will start a 7-day 23,900 ESS ($300 USD) Twitter Giveaway event to complete forwarding and following tasks and get lucky draw opportunities. After the event, we will draw 10 people from them and will give 2,390 ESS ($30 USD) .
Click to participate: https://www.gate.io/en/article/20163#giveaway

3、ESS Telegram AMA, $500 ESS Giveaway
We will launch the ESS Telegram AMA activity in the near future, inviting ESS project personnel to visit the Gate.io Telegram group. During the Q&A period, 39,850 ESS ($500) airdrop benefits will be given out. Details of the event will be on Gate.io Twitter and Telegram announced, so stay tuned!


Rules of Competition:
1) The earlier you participate in trading volume the higher the weighting. User trading volume is calculated as (buy volume + sell volume) x (time bonus factor) (not counting same user buying and selling, please do not swipe trading volume). (Time bonus factor) from 1.2 times at the beginning of the campaign to 1.0 times at the end of the campaign, decreasing linearly over time.
2) Due to varied transaction costs for different VIP levels, in order to keep the competition fair, the transaction volume will be eliminated by multiplying the (actual commission/VIP10 commission) by the difference in user transaction commission.
3) Due to the difference in transaction cost for referrer rewards, in order to keep the competition fair, the transaction volume will be normalized by whether there is a referrer or not to eliminate the difference in user fee cost.

Notice*
1. Rewards will be distributed to the winning user accounts within 7 working days after the end of the campaign, which can be viewed at “My Finance” - “Billings”.
2. Only One Entry per person will be permitted (KYC must have been completed). The Sub-Accounts and Master Account will be treated as the same account when participating in the competition.
3. In order to safeguard every user’s rights and guarantee fairness, the platform will cancel entries for malicious acts conducted during the period, including malicious transaction manipulations, illegal bulk registration of accounts, self-dealing, etc.

Risk Warning: Please be sure to note that the virtual currency market is volatile and losses may occur in different situations, so you are strongly recommended to understand all the related information and be vigilant in regards to your investment actions.

Gate.io reserves the right to cancel or amend any activity or activity rules at our sole discretion.



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
April 5, 2021

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