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Gate.io Hottest Contract Battle Event BTC vs ETH - Participate in the event and share a prize pool of $100,000

2022-07-19 14:32:33 UTCRead:690400
Recently, BTC and ETH have gained a lot of attention from the market due to their price fluctuations, so Gate.io is going to start this Hottest Contract Battle event, where BTC and ETH will compete with each other for the title of Hottest Contract. During this campaign period, users who signed up and traded the contracts will be able to contribute heat value to their supporting contracts and share this $100,000 prize pool!

Event Period: July 19, 2022 10:00 - July 26, 2022 10:00 UTC
Fill up the form: https://www.gate.io/questionnaire/2050

Event 1: $25,000 Bonus for New Users
During the campaign period, newly registered users who complete KYC will receive a point equivalent to a $10-$50 reward for every single user, limited to the first 500 users, on a first-come, first-served basis! Register Now

Event 2: Top Contracts Chart, $70,000 Prize Pool Sharing
During the campaign period, users will select their supporting perpetual contract in the form, and then choose their respective USDT perpetual trading pair of BTC or ETH to begin trading. The winning side will receive $60,000 and the losing side will receive $10,000. Each supporter will split the prize pool according to the percentage of heat value they have contributed.
Trade BTC/USDT Perp Trade ETH/USDT Perp

Note: Trading volume = principal * leverage
Example: User A (existing users) completes an open and close position in the BTC/USDT perpetual contract with 100 USDT principal and 10 times leverage, he will contribute the following heat value: 4002 heat value.

Event 3: Hottest Futures Bonus Winners
Gate.io Futures will randomly select 100 lucky registered users as hottest futures bonus winners to share a prize pool of $5,000 in point.

1. During the campaign period, users can choose either BTC/USDT perpetual or ETH/USDT perpetual contract pairs for trading.
2. If there is any duplicate registration from the user in Event 2, the contract supported by the user will be based on the trading pair selected by the user for the first registration.
3. Participants of this event must fill in the form as required. User's rewards will be based on the data provided in the form.
4. Rewards will be issued within 14 working days after the event ends, and this can be viewed in "My Finance-Billing Details.
5. Users can only use one account. No sub-accounts can be used in the activity.
6. During the event, the user's cumulative trading volume will be equal to buying volume + selling volume. (this includes unrealized profit and loss as well as realized profit and loss)
7. If there is cheating or any other violation, users will be disqualified and will not be eligible for rewards.
8. The perpetual contract bonus can be used for margin trading, account losses, trading fees, and funding rates; The validity period is 30 days. The profit obtained from the contract bonus transaction can be withdrawn to the user's wallet but the perpetual contract bonus cannot be transferred out.
9. Risk warning: virtual currency trading is affected by many factors such as market fluctuations and policies. The market fluctuates greatly, and l is difficult to predict. Please make sure to pay attention to market risks and trade with caution.
10. Gate.io reserves the right of the final interpretation of this event.

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Reach out to us!
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Podcast: https://gateio.buzzsprout.com/?ch=buzzs

Gate.io Team
Jul 19th, 2022

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