Gate.io Moonriver (MOVR) Trading Competition & $20,000 Unmissable Rewards
Gate.io is currently holding a MOVR trading competition. It will start on Sep 8th 10:00 UTC to Sep 15th 10:00 UTC. We have a pool of $20,000 in rewards for users who trade MOVR. New users need to sign up Gate.io to participate.
Sep 8th 10:00 AM GMT---Sep 15th 10:00 AM GMT, 2021 （7 days in total）
Activity 1: First 600 Deposit users to Share $3,000 MOVR Airdrop
The top 600 deposits will share 15 MOVR (about $3,000 USD). On a first come-first served basis!
*Participants need to deposit at least 2 MOVR (about $400 USD).
Deposit MOVR at: https://www.gate.io/myaccount/deposit/MOVR
Activity 2： Trade MOVR to share $15,000 in rewards
The top 200 users based on trading volume will share over $15,000.
1st Place: 3 MOVR（about $600）
2nd Place: 3 MOVR（about $500）
3rd Place: 2 MOVR（about $400）
The 4th-200th place：Will share the remaining 70 MOVR（about $13,500） based on trading volume.
*Note: The 4th-200th place bonuses are capped at 2 MOVR.
During the competition, participants need to purchase at least 4 MOVR.
Activity 3: 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 0.05 MOVR (about $10) reward. First come, first served.
Access for Mobile Users:
Trade MOVR: Gate.io App-- “Markets”--Search the “MOVR/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.
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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September 8, 2021