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Announcements Gate.io Samoyedcoin (SAMO) Net Buy Competition & Win a Share of $21,500 Mega Rewards
Gate.io Samoyedcoin (SAMO) Net Buy Competition & Win a Share of $21,500 Mega Rewards
2021-12-02 08:51:57 UTC 275427 Read
Gate.io is currently holding a "SAMO Net Buy" competition. We have a pool of $21,500 in rewards for users who buy SAMO.
New users click here to register.

Competition Period:2021-12-03 09:00 AM (UTC)---2021-12-10 09:00 AM (UTC)

Event Registration: Click to Submit Your UID & Join Immediately

Activity 1: 233,230 SAMO ($17,000) for Users with Top Buy
From the top 200 traders by net buy volume, the users will be awarded the following SAMO rewards:
1) 1st Place: 8,230 SAMO (about $600)
2) 2nd Place: 6,860 SAMO (about $500)
3) 3rd Place: 5,490 SAMO (about $400)
4) The remaining 197 winners will share 212,650 SAMO (about $15,500) according to their net buying volume.
* The 4th-200th place bonuses are capped at 5,490 SAMO.
* During the competition, participants need to buy at least 5,490 SAMO.

Trading Pairs: SAMO/USDT; SAMO/ETH

Activity 2: New Users Register & Trade, Win a Share of 27,440 SAMO ($2,000)
New users who register for a Gate.io account and complete any amount of valid trades can receive 137 SAMO each (about $10).
* A total of $2,000 SAMO prize pool can be shared, first come, first served.
* Fill the Form to Receive the Airdrop:
https://www.gate.io/questionnaire/1141?ch=formSAMO

Activity 3: Invite New Users, Win a Share of 27,440 SAMO ($2,000) Mega Reward
Users who invite friends to register for a Gate.io account, complete KYC verification and make any amount of valid trades can receive 137 SAMO (about $10) for each invitee.
* A total of $2,000 SAMO prize pool can be shared, first come, first served.

Activity 4: 6,860 SAMO ($500) for Twitter Giveaway
From now on, we will start a 7-day about 6,860 SAMO ($500) twitter Giveaway event to complete forwarding and following tasks and get lucky draw opportunities. After the event, we will draw 20 people from them and will give 343 SAMO ($25).

Rules of Competition:
1) At the end of the activity, a user’s account balance should be no less than the calculated result of (Buy volume during the competition-Sell volume during the competition, with a minimum account balance of this value).
* Net buy volume =(Buy volume – Sell volume - withdrawal volume) x a time factor (excluding trading between one individual’s accounts)
The time factor decreases linearly, it is 1.2 at the beginning and 1.0 at the end of the competition. The earlier they buy, the more weight they have.
2) The competition is available to users who have completed KYC with a single account. Subaccount itself can not participate as an independent account trading will contribute to that of its master account.
3) As users of different VIP tiers have different trading fee costs, we will multiply the trading volume by (effective trading fee/VIP16 trading fee) to offset the trading fee cost differences.
4) As users with referrals have trading fee revenue, we will further normalize the trading volume based on whether they have referrals or not to offset the trading fee cost differences

Reward Distribution:
The prizes will be distributed 7 working days after the end of the competition.
Entry is subject to all local laws.

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
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Medium:https://medium.com/@gateio
Podcast: https://gateio.buzzsprout.com/?ch=buzzs

Gate.io Team
December 2
$500 SAMO Giveaway
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