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Announcements Gate.io Position Token (POSI) Trading Competition, Win a Share of $16,500 Mega Reward
Gate.io Position Token (POSI) Trading Competition, Win a Share of $16,500 Mega Reward
2021-12-03 06:48:45 UTC 81371 Read
Gate.io is currently holding a POSI trading competition. We have a pool of $16,500 in rewards for users who trade POSI.
New users click here to register.

Competition Period: 2021-11-16 09:00 AM (UTC)---2021-11-23 09:00 AM (UTC)

Activity 1: Trade POSI to Share $10,000 in Rewards
The top 200 users based on trading volume will share over $10,000.

1) 1st Place: 150 POSI (about $600)
2) 2nd Place: 125 POSI (about $500)
3) 3rd Place: 100 POSI (about $400)
4) The 4th-200th place:will share the remaining 2,120 POSI (about $8,500) based on trading volume.

* The 4th-200th place bonuses are capped at 100 POSI.
* During the competition, participants need to trade at least 200 POSI.

Trading Pairs: POSI/USDT

Activity 2: New Users Register & Trade, Win a Share of $2,500
1) All new users who register a Gate.io account and complete KYC verification can receive 1 POSI each (about $5 USDT).

2) All new users who register a Gate.io account and complete any amount of valid trades can receive 3 POSI each (about $15 USDT).
* Rewards above are alternatives based on the tasks you complete. A total of $2,500 POSI prize pool can be shared, first come, first served.

Activity 3: Invite New Users, Win a Share of $2,500 Mega Reward
1) Each participant, who invites new users to register a Gate.io account and complete KYC verification, can receive 1 POSI (about $5) for each invitation.

2) And if your invitee completes any amount of valid trades on Gate.io, you can receive 3 POSI (about $15) for each invitation.
* Rewards above are alternatives based on the tasks your invitee completes.

Activity 4: $500 POSI for Twitter Giveaway
From now on, we will start a 7-day about 125 POSI($500 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 12 POSI ($50 USD).


Activity 5: POSI Telegram AMA, $1,000 POSI Giveaway
We will launch the POSI Telegram AMA POSI activity in the near future, inviting POSI project personnel to visit the Gate.io Telegram group. During the Q&A period, 250 POSI ($1,000) 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. All participants need to fill in the application form and complete KYC verification by the end of the activity period, otherwise they will not be included in the list of winners;

2. The Sub-Accounts and a Master Account will be treated as the same account when participating in the activities.
3. Participants must agree and comply with the Gate.io terms. The use of duplicate accounts and any other unethical behavior is strictly prohibited;
4. Any content or actions that could bring disrepute to the Gate.io brand is strictly prohibited;
5. Rewards will be given in equivalent tokens and distributed to the winners’ accounts and can be viewed at“My Wallets”–“ My Billing Details”;
6. Gate.io reserves all rights to the final explanation.

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.






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Reach out to us!
Twitter: https://twitter.com/gate_io
Telegram: https://t.me/gateio_copytrading_global
Instagram:https://www.instagram.com/gateioglobal
Medium:https://medium.com/@gateio
Podcast: https://gateio.buzzsprout.com/?ch=buzzs

Gate.io Team
Nov 15th,2021
$500 POSI Giveaway
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