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    Gate.io Portfolio Margin Account is Upgraded. Participate in the Product Test to Share in the $20,000 Prize Pool

    Create Time:2022-08-15 10:38:44 UTCRead:26804

    Gate.io Portfolio Margin Account is a new generation of trading system, which breaks the capital isolation of the Classic Account, enables margins sharing, offsets the profit and loss of different business lines, and improves the capital utilization rate. After the upgrade, the Portfolio Margin Account will connect three business lines of cross-margin trading, USDT perpetual contract, and USD perpetual contract. We will hold a product test, in order to improve product functions and optimize user experiences. Participate in the test to share in the $20,000 prize pool!

    I. Duration: August 8, 2022 12:00--August 22, 2022 12:00 UTC
    II. Who can participate: Total Asset≥ 10,000 USDT and total cross margin risk ratio > 200%
    III. How to participate:
    1. Submit the event registration form
    2. Open A Portfolio Margin Account
    3. Complete the transaction with a Portfolio Margin Account
    4. Complete the Portfolio Margin Account product questionnaire
    5. Receive the rewards after end of event
    Register now to participate in the public test

    IV. Event Rules
    Activity 1: Portfolio Margin Account public test trading qualifying, share in another $10,000 prize pool
    During the duration of the public test, both the new and old users will use Portfolio Margin Accounts to trade (including three business lines of USDT perpetual contracts, USD perpetual contracts, and cross-margin trading), with cumulative transaction volume not being less than 10,000 USDT. Users will be ranked according to the transaction volume and divided $10,000 according to the following rules. ($5000 contract bonus + $5000 point).

    Trade now

    Activity 2: Complete the Portfolio Margin Account product questionnaire to share in another $10,000
    During the duration of the public test, users who have opened a Portfolio Margin Account and completed the transaction will be invited to fill in a product feedback questionnaire. You may point out the product bugs, or inconvenience in using the product, suggest measures to optimize the products and suggest new features, etc. Your opinions and feedback are valuable to us because they will help improve the user experience. The more specific and constructive your feedback, the greater the reward and the greater the likelihood of adoption of them.
    Three users who have proposed the most constructive suggestions will receive $100, $80, and $50 respectively. The remaining users who put forward valid suggestions will each receive a $10 perpetual contract bonus in the order of submission of the questionnaires, until the supply runs out.
    An additional $500 reward will be given to users whose suggestions are extremely vital to product optimization.
    Fill in the questionnaire now

    V. Portfolio Margin Account Product Guide
    Q1. What is a Portfolio Margin Account?
    A1: Gate.io Portfolio Margin Account is a new generation of trading system, which breaks the capital isolation of the Classic Account, enables margin sharing between different business lines, reduces the need for funds transfer between different transactions, offsets the profit and loss of different business products, and improves the capital utilization rate.
    Gate. Io’s Portfolio Margin Account currently supports margin sharing and profit and loss offset among the three business lines of cross-margin trading, USDT perpetual contracts, and USD perpetual contracts.
    Click here to know more about Portfolio Margin Account margins.

    Q2. What are the conditions for opening a Portfolio Margin Account?
    A2: Total Asset≥ 10,000 USDT and total cross margin risk ratio > 200%

    Q3. How to open a Portfolio Margin Account?
    A3: Investors who have opened cross-margin trading mode can enable the Portfolio Margin Account mode for the USD perpetual contract transaction. One then can switch between classic account/Portfolio Margin Account modes.
    Click to learn about the steps to open a Portfolio Margin Account.

    Q4. Is it possible to switch back to the classic account from the Portfolio Margin Account ?
    A4: Yes. One can freely switch between these two modes.

    Q5. How to transfer the margin into or out of the Portfolio Margin Account?
    A5: For the specific steps, please click here for details.

    Q6. FAQ and community about Portfolio Margin Account transactions
    A6: The official Telegram group: https://t.me/gateio_futures

    1. The Portfolio Margin Account is an advanced trading product, and has product logic, margin mechanism, risk control rules, and trading process that are more complicated than other products. Please familiarize yourself with product features and product risks before use. For more details, please go to Gate.io Help Center--Search for "Unified Account".
    2. Participatants of the event must fill in the form as required, which shall be used as basis for distributing the prize;
    3. Prize will be given within 14 working days after the event ends. Check it in "My Finance - Billing Details";
    4. A real-name user can only use one account to participate, and sub-accounts can not be used to participate in the event;
    5. During the event, the user's cumulative trading volume includes buying volume and selling volume (including unrealized and realized profit and loss);
    6.Users will be deprived of qualifications to participate in the event and receive prize if they are found to commit cheating, transaction swiping, knocking or other illegal operation;
    7. Perpetual contract bonus can be used to pay contract trading margin, offset account losses, pay transaction fees, and capital costs. They must be used up within 30 days, with the unused part automatically recovered by the system upon expiry of the 30 days. The profit obtained by using the bonus can be transferred while the bonus itself cannot be transferred out;
    8. Risk warning: virtual currency market fluctuates violently and is highly unpredictable due to the influence of many factors, such as the market conditions and policies. Please be aware of the market risks and trade with caution;
    9. Gate.io reserves the right to final interpretation of this event.

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    Reach out to us!
    Twitter: https://twitter.com/gate_io
    Telegram: https://t.me/gateio
    Podcast: https://gateio.buzzsprout.com/?ch=buzzs

    Gate.io Team
    Aug 15th, 2022
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