We are pleased to announce that we have rolled out smart quantitative strategies at Gate.io and are holding a daily quantitative trading competition now. We have a pool of 7000 GT for the top winners, and 300 GT as lucky prizes for lucky traders. With our smart quantitative strategies, traders at Gate.io can trade more effectively and more easily. Currently, the strategies include grid trading (for both spot and perpetual contract), MACD, and dual moving average strategies. More strategies will be rolled out soon. As a trader, you can choose one or more strategies to trade. We will award the top 30 winners by the rate of return, every day for a consecutive 12 days. And we also have 300 GT for lucky draw winners after the competition.
Read more about our post about quantitative trading: https://www.gate.io/en/article/17911

Competition Duration
From September 26th 0:00 to October 8th 0:00 UTC (12 days in total). Competition ranking is on a daily basis.

Reward & Distribution
Daily Reward For Top Traders:
The 1st Prize: 130 GT
The 2nd Prize: 90 GT
The 3rd Prize: 50 GT
The 4th -30th Prizes: 10 GT per winner

Each day at 0:00 UTC, we will calculate the trader’s rate of return of the past 24 hours.
The reward is distributed the next day.

Rules
1) Using any quantitative trading strategy (grid trading- in spot or perpetual futures, MACD, Dual Moving Average) during the competition period will be deemed as participating in the competition.
2) For each strategy, the return is calculated separately. If using more than one strategy, the one with the highest rate of return will be used in a combined rank.
3) Each day after 0:00 UTC, we will calculate traders’ accounts rate of return of the past 24 hours and rank. Rate of return= earning/total investment
4) To win a prize, the minimum daily earning should be 50 USDT at least.
5) There should be at least one order placed each day (excluding orders placed and canceled without any portion filled)


About Lucky Prizes
1) Any trader using quantitative strategies during the competition period who has a daily earning 200 USDT or above has the chance to win a lucky prize.
2) The top three traders on a daily basis have double odds of winning a lucky prize
3) We will record the luck draw process and publish it to our social media 3 working days after the competition.

Important Notice :
1)We calculate the earning of an account per strategy it uses. Earning from different strategies does not accumulates(Strategies are: the spot grid trading, the perpetual contract grid trading, the MACD strategy, or the dual moving average respectively ).
2) Earning includes unrealized PNL, realized PNL and fees
3) The total investment = total amount put in the strategy (strategy may be the spot grid trading, the perpetual contract grid trading, the MACD strategy or the dual moving average)
4) One trader can only use one account to participate in the competition. Gate.io has the right to disqualify any account that is cheating, such as pumping profits into one account, or manipulating the market price, etc.

Risk warning: Cryptocurrencies are high-risk, speculative investments, susceptible to impact from market, policy, and other factors. Please be aware of the risks involved and make investment decisions with caution.

Get Started with Quantitative Trading Strategies
Go to smart quantitative trading strategies center at https://www.gate.io/strategybot
Go to Spot grid trading strategy: go to a spot trading market and click Grid Trading tab.

In our app, tap on the quantitative trading icon on the Market screen to access it. If you have any trouble in using the new function, uninstall your existing app, and install the latest one.




Download our app


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. 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
September 25, 2020

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