Gate.io is currently holding a "SPO Net Buy" competition. We have a pool of $25,000 in rewards for users who buy SPO. “Lock SPO to Earn” will be launched soon, So stay tuned!
New users need to sign up Gate.io to participate.
Competition Period
Oct 4th 04:00 AM UTC---Oct 11th 04:00 AM UTC, 2021 （7 days in total）
Event Registration: Click to submit your UID & Participate in the SPO Super Benefit Series
Activity 1: $20,000 SPO for Users with Top Buy
From the top 200 traders by net buy volume, the users will be awarded the following SPO rewards:
1）The First Prize: 34,235 SPO (about 800 USDT )
2）The Second Prize: 25,675 SPO (about 600 USDT )
3）The Third Prize: 17,120 SPO (about 400 USDT)
4）The remaining 197 winners will share 778,850 SPO (about 18,200 USDT) according to their net buying volume.
During the competition, participants need to buy at least 17,120 SPO.
SPO/USDT：https://www.gate.io/en/trade/SPO_USDT?ch=tradeSPO
Activity 2: New Users Register, Total of $2,000 Reward to be Shared
During the activity period, each user who registers and completes any amount of valid trades can receive 210 SPO (about $5) reward. First come, first served.
Activity 3: $1,500 SPO for Twitter Giveaway
From now on, we will start a 7-day about 64,190 SPO（$1,500 USD）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 3,210 SPO（$75 USD）
Activity 4: SPO Telegram AMA, $1,500 SPO Giveaway
We will launch the SPO Telegram AMA activity in the near future, inviting SPO project personnel to visit the Gate.io Telegram group. During a series of events, a total of 64,190 SPO ($1,500) airdrop benefits will be given out. Details of the event will be on Gate.io Twitter and Telegram announced, so stay tuned!
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 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
Gate.io reserves the final right to interpret this activity.
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Gate.io Team
Sep. 30th, 2021
$1,500 SPO Giveaway
