Gate.io is currently holding a "LOWB Net Buy" competition. We have a pool of $28,000 in rewards for users who buy LOWB. “Lock LOWB to Earn” will be launched soon, So stay tuned!
New users need to https://www.gate.io/en/signup?ch=signupLOWBGate.io to participate.
Competition Period
Oct 13th 04:00 AM UTC---Oct 20th 04:00 AM UTC, 2021 （7 days in total）
Event Registration: Click to submit your UID & Participate in the LOWB Super Benefit Series
1）The First Prize: 15,458,940 LOWB (about 800 USDT )
2）The Second Prize: 11,594,200 LOWB (about 600 USDT )
3）The Third Prize: 7,729,470 LOWB (about 400 USDT)
4）The remaining 197 winners will share 448,309,180 LOWB (about 23,200 USDT) according to their net buying volume.
During the competition, participants need to buy at least 7,729,470 LOWB.
LOWB/USDT：https://www.gate.io/en/trade/LOWB_USDT
During the activity period, each user who registers and completes any amount of valid trades can receive 96,618 LOWB (about $5) reward. First come, first served.
From now on, we will start a 7-day about 19,323,670 LOWB（$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 966,180 LOWB（$50 USD）
We will launch the LOWB Telegram AMA activity in the near future, inviting LOWB project personnel to visit the Gate.io Telegram group. During a series of events, a total of 19,323,670 LOWB ($1,000) 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
Oct. 12nd, 2021
