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Announcements Gate.io Trade Props Token (PROPS) & Win a share of $10,000 Mega Rewards
Gate.io Trade Props Token (PROPS) & Win a share of $10,000 Mega Rewards
2021-03-17 02:31:59 UTC 107530 Read
Gate.io is currently holding a "Trade Props Token(PROPS)" competition. We have a pool of $10,000 in rewards for users who buy PROPS . “Lock PROPS to Earn” will be launched soon, So stay tuned!

Competition Period
March 17th 04:00 AM GMT---March 24th 04:00 AM GMT, 2021 (7 days in total)
Trading Competition: Trade PROPS to share $1,000,000 in rewards

From the top 100 traders by net buy volume, the users will be awarded the following PROPS rewards:

Details:
1)The First Prize: 16,300 PROPS (about 1,000 USDT )
2)The Second Prize: 13,200 PROPS (about 810 USDT )
3)The Third Prize: 10,600 PROPS (about 650 USDT)
4) The Fourth Prize: 7,660 PROPS (about 470 USDT )
5) The Fifth Prize: 5,380 PROPS (about 330 USDT )
6)The remaining 95 winners will share 110,000 PROPS (about 6,740 USDT) according to their net buying volume.

During the competition, participants need to trade at least 3,200 PROPS. Participate now!


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


*Important Notice
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 the 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

Trade PROPS here:
https://www.gate.io/trade/PROPS_usdt

Gate.io reserves the final right to interpret this activity.



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.



Gate.io Team
March 17, 2021

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