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Gate.io Sonar (PING) Trading Competition & $21,000 Unmissable Rewards
Gate.io Sonar (PING) Trading Competition & $21,000 Unmissable Rewards
2021-10-12 08:20:30 UTC
42185 Read
Gate.io is currently holding a PING trading competition. It will start on Oct 12th 08:00 UTC to Oct 19th 08:00 UTC. We have a pool of $21,000 in rewards for users who trade PING. New users need to sign up Gate.io to participate.
Competition Period
PING/USDT：https://www.gate.io/trade/PING_USDT
1st Place: 85,490 PING（about $940）
2nd Place: 64,120 PING（about $700）
3rd Place: 42,740 PING（about $470）
The 4th-200th place：Will share the remaining 1,624,330 PING（about $17,800） based on trading volume.
*Note: The 4th-200th place bonuses are capped at 42,740 PING.
During the competition, participants need to purchase at least 71,800 PING.
Participate now
From now on, we will start a 7-day about 44,870 PING（$500 USD）twitter Giveaway event to complete forwarding and following tasks and get lucky draw opportunities. After the event, we will draw 10 people from them and will give 4,487 PING（$50 USD）
Activity 3: PING Telegram AMA, $500 PING Giveaway
We will launch the PING Telegram AMA activity in the near future, inviting PING project personnel to visit the Gate.io Telegram group. During a series of events, a total of 44,870 PING ($500 USD) airdrop benefits will be given out. Details of the event will be on Gate.io Twitter and Telegram announced, so stay tuned!
Access for Mobile Users:
Trade PING: Gate.io App-- “Markets”--Search the “PING/USDT Trading Market”
Rules of Competition:
1. The earlier you participate in trading volume the higher the weighting. User trading volume is calculated as (buy volume + sell volume) x (time bonus factor) (not counting same user buying and selling, please do not swipe trading volume). (Time bonus factor) from 1.2 times at the beginning of the campaign to 1.0 times at the end of the campaign, decreasing linearly over time.
2. Due to varied transaction costs for different VIP levels, in order to keep the competition fair, the transaction volume will be eliminated by multiplying the (actual commission/VIP10 commission) by the difference in user transaction commission.
3. Due to the difference in transaction cost for referrer rewards, in order to keep the competition fair, the transaction volume will be normalized by whether there is a referrer or not to eliminate the difference in user fee cost.
Notice*
1. Rewards will be distributed to the winning user accounts within 7 working days after the end of the campaign, which can be viewed at “My Finance” - “Billings”.
2. Only One Entry per person will be permitted (KYC must have been completed). The Sub-Accounts and Master Account will be treated as the same account when participating in the competition.
3. In order to safeguard every user’s rights and guarantee fairness, the platform will cancel entries for malicious acts conducted during the period, including malicious transaction manipulations, illegal bulk registration of accounts, self-dealing, etc.
Risk Warning: Please be sure to note that the virtual currency market is volatile and losses may occur in different situations, so you are strongly recommended to understand all the related information and be vigilant in regards to your investment actions.
Gate.io reserves the right to cancel or amend any activity or activity rules at our sole discretion.
Competition Period
Oct 12th 08:00 AM UTC---Oct 19th 08:00 AM UTC, 2021 （7 days in total）
PING/USDT：https://www.gate.io/trade/PING_USDT
Activity 1: Trade PING to Share $20,000 in Rewards
The top 200 users based on trading volume will share over $20,000.1st Place: 85,490 PING（about $940）
2nd Place: 64,120 PING（about $700）
3rd Place: 42,740 PING（about $470）
The 4th-200th place：Will share the remaining 1,624,330 PING（about $17,800） based on trading volume.
*Note: The 4th-200th place bonuses are capped at 42,740 PING.
During the competition, participants need to purchase at least 71,800 PING.
Participate now
Activity 2: $500 PING for Twitter Giveaway
From now on, we will start a 7-day about 44,870 PING（$500 USD）twitter Giveaway event to complete forwarding and following tasks and get lucky draw opportunities. After the event, we will draw 10 people from them and will give 4,487 PING（$50 USD）
Activity 3: PING Telegram AMA, $500 PING Giveaway
We will launch the PING Telegram AMA activity in the near future, inviting PING project personnel to visit the Gate.io Telegram group. During a series of events, a total of 44,870 PING ($500 USD) airdrop benefits will be given out. Details of the event will be on Gate.io Twitter and Telegram announced, so stay tuned!
Access for Mobile Users:
Trade PING: Gate.io App-- “Markets”--Search the “PING/USDT Trading Market”
Rules of Competition:
1. The earlier you participate in trading volume the higher the weighting. User trading volume is calculated as (buy volume + sell volume) x (time bonus factor) (not counting same user buying and selling, please do not swipe trading volume). (Time bonus factor) from 1.2 times at the beginning of the campaign to 1.0 times at the end of the campaign, decreasing linearly over time.
2. Due to varied transaction costs for different VIP levels, in order to keep the competition fair, the transaction volume will be eliminated by multiplying the (actual commission/VIP10 commission) by the difference in user transaction commission.
3. Due to the difference in transaction cost for referrer rewards, in order to keep the competition fair, the transaction volume will be normalized by whether there is a referrer or not to eliminate the difference in user fee cost.
Notice*
1. Rewards will be distributed to the winning user accounts within 7 working days after the end of the campaign, which can be viewed at “My Finance” - “Billings”.
2. Only One Entry per person will be permitted (KYC must have been completed). The Sub-Accounts and Master Account will be treated as the same account when participating in the competition.
3. In order to safeguard every user’s rights and guarantee fairness, the platform will cancel entries for malicious acts conducted during the period, including malicious transaction manipulations, illegal bulk registration of accounts, self-dealing, etc.
Risk Warning: Please be sure to note that the virtual currency market is volatile and losses may occur in different situations, so you are strongly recommended to understand all the related information and be vigilant in regards to your investment actions.
Gate.io reserves the right to cancel or amend any activity or activity rules at our sole discretion.
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Gate.io Team
Oct. 12nd, 2021
