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AnkündigungenGate.io First Leveraged ETF Trading Daily Competition: $50,000 Rewards for You!(Only 2 Days Left)
Gate.io First Leveraged ETF Trading Daily Competition: $50,000 Rewards for You!(Only 2 Days Left)
2021-01-03 05:09:00 UTC
40457 Lesen
Gate.io has launched the first daily
competition for leveraged ETF trading with $50,000 in rewards. Everyday,
we will choose 100 winners ranked by their 24 hours trading volume for
the consecutive 10 days. A large number of rewards are for the taking.
Join now to claim them!
1. Duration Dec 26th, 2020--Jan 5th 2021(10 days in total) (Only 2 Days Left) During these ten consecutive days, participants will be ranked on a daily basis.
2.Rewards Contest results of the previous 24 hours will be calculated daily after
00:00 GMT (rewards will be distributed the following day)
Daily Rewards 1st Place: $1,000 equivalent in tokens 2nd Place: $850 equivalent in tokens 3rd Place: $650 equivalent in tokens 4th - 100th Place: share the rest of $2,500 equivalent tokens according to the total trading volume *Notice: the fourth to hundredth place’s rewards are capped at $600 equivalent in tokens.
3.Rules (1) The top 100 traders in the daily ranking share the reward according
to the proportion of daily trading volume and the date of filling out
the form. The trading volume is calculated in the following formula: *(Buy volume + Sell volume) (excluding trading between one individual’s accounts) (2) To
ensure fairness, due to different trading fees among different VIPs,
trading volume will eliminate the difference in user fees multiplied by
(actual fee/VIP10 fee). (3) To
ensure fairness, due to different trading fees for referral rewards,
trading volume will be normalized by the presence or absence of a
referrer to eliminate the difference in user fee costs. (4) The actual number of tokens awarded will be calculated based on the
opening price in the first hour of the competition day, calculated as:
corresponding dollar award / (opening price of tokens awarded). For
example, the prize counting price during the day of the 26th 8:00 - 27th
8:00 is the opening price of the 26th 8:00.
*Notes: Total trading volume is the cumulative volume of all leveraged ETF tokens traded during the contest period For fairness of the competition, irregular trading, such as profit
diversion through other accounts, will be excluded and the eligibility
for the prize will be passed on to the next user. Only KYC users are eligible to participate in this competition. A KYC
user can only use one account to participate, and sub-accounts cannot
participate in this competition through means of a separate account.
Also, sub-account data is included in the total volume of trading. Risk warning: please note that crypto markets fluctuate, and be cautious before engaging in trading activities.
Introduction of Leveraged ETF ETF products have their leverage rates adjusted according to the target
leverage, based on daily profits and losses. Profit will open
positions, and losses will reduce positions. Users do not need to pay
margin when trading leveraged products, and only by simply buying and
selling coins, can you achieve the purpose of trading leverage. No
additional contract funding rate is charged, which reduces the actual
leverage overhead and leverage risk for users by optimizing fund
management.
Important notice: The digital token market is subject to high
volatility. Multiple leveraged ETF products will lead to more
fluctuating prices, which increases a higher risk of profit and loss.
Please make sure you understand all aspects in detail and participate
with caution. Due to the timed and temporary position adjustments, the
ups and downs of a period are not always the target leverage multiplier.
ETF products are hedged by the perpetual contract market. This Means
profit will open positions and loss will reduce positions. Consequently,
leveraged ETFs are not a good choice for long-term holdings due to the
adjustment mechanism and the cost of holding the position.
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.