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Gate.io Swash (SWASH) Launch, Deposit &Trade SWASH to Win a Share of $39,000 Mega Reward
Gate.io Swash (SWASH) Launch, Deposit &Trade SWASH to Win a Share of $39,000 Mega Reward
2021-11-08 10:07:36 UTC
79280 Read
Gate.io has listed Swash (SWASH) in the USDT market at 0:15 Oct 31, 2021 UTC. Besides, Gate.io is currently holding a Swash (SWASH) deposit & trading competition. It will start from Nov 1st 8:00 UTC to Nov 8th 8:00 UTC. We have a pool of $39,000 in rewards for users who deposit & trade SWASH.
New users need to sign up Gate.io to participate.
Competition Period: From Nov 1st 8:00 UTC to Nov 8th 8:00 UTC
1st Place: 1,730 SWASH（about $1,000）
2nd Place: 1,380 SWASH（about $800）
3rd Place: 1,040 SWASH（about $600）
4th Place: 690 SWASH（about $400）
5th Place: 520 SWASH（about $300）
The 6th-300th place：will share the remaining 20,590 SWASH（about $11,900）based on deposit volume.
*Note: The 6th-300th place bonuses are capped at 520 SWASH
*Participants need to deposit at least 690 SWASH (about $400 USD). （Participate now！）
Deposit SWASH at: https://www.gate.io/en/myaccount/deposit/SWASH
1st Place: 1,630 SWASH（about $940）
2nd Place: 1,220 SWASH（about $710）
3rd Place: 810 SWASH（about $470）
The 4th-200th place：Will share the remaining 30,930 SWASH（about $17,880） based on trading volume.
*Note: The 4th-200th place bonuses are capped at 810 SWASH.
During the competition, participants need to purchase at least 1,380 SWASH.
Participate: https://www.gate.io/en/questionnaire/999?ch=formSWASH
Rules of Competition:
1. Users’ net deposit volume is calculated as (deposit volume - withdrawal volume - sell volume) (excluding intra-site transfer)
2. 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.
3. 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.
4. 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.
New users need to sign up Gate.io to participate.
Competition Period: From Nov 1st 8:00 UTC to Nov 8th 8:00 UTC
Activity 1: $15,000 SWASH for users with Top Deposit
The top 300 user based on deposit volume will share over $15,000 SWASH1st Place: 1,730 SWASH（about $1,000）
2nd Place: 1,380 SWASH（about $800）
3rd Place: 1,040 SWASH（about $600）
4th Place: 690 SWASH（about $400）
5th Place: 520 SWASH（about $300）
The 6th-300th place：will share the remaining 20,590 SWASH（about $11,900）based on deposit volume.
*Note: The 6th-300th place bonuses are capped at 520 SWASH
*Participants need to deposit at least 690 SWASH (about $400 USD). （Participate now！）
Deposit SWASH at: https://www.gate.io/en/myaccount/deposit/SWASH
Activity 2: Trade SWASH to Share $20,000 in Rewards
The top 200 users based on trading volume will share over $20,000.1st Place: 1,630 SWASH（about $940）
2nd Place: 1,220 SWASH（about $710）
3rd Place: 810 SWASH（about $470）
The 4th-200th place：Will share the remaining 30,930 SWASH（about $17,880） based on trading volume.
*Note: The 4th-200th place bonuses are capped at 810 SWASH.
During the competition, participants need to purchase at least 1,380 SWASH.
Activity 3: New Users Register & Trade, 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 15 SWASH (about $10) reward. A total of 3,460 SWASH, first come, first served.Participate: https://www.gate.io/en/questionnaire/999?ch=formSWASH
Activity 4: $1,000 USD for Twitter Giveaway
From now on, we will start a 7-day about 1,730 SWASH ($1,000 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 85 SWASH ($50 USD).
Activity 5: SWASH Telegram AMA, $1,000 USD Giveaway
We will launch the SWASH Telegram AMA activity in the near future, inviting SWASH project personnel to visit the Gate.io Telegram group. During the Q&A period, 1,730 SWASH (about $1,000 USD) airdrop benefits will be given out. Details of the event will be on Gate.io Twitter and Telegram announced, so stay tuned!Rules of Competition:
1. Users’ net deposit volume is calculated as (deposit volume - withdrawal volume - sell volume) (excluding intra-site transfer)
2. 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.
3. 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.
4. 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
Nov 1st
