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Announcements Gate.io Position Token (POSI) Net Buy Competition & Win a Share of $22,000 Mega Rewards
Gate.io Position Token (POSI) Net Buy Competition & Win a Share of $22,000 Mega Rewards
2021-12-03 10:49:34 UTC 134053 Read
Gate.io is currently holding a "POSI Net Buy" competition. We have a pool of $22,000 in rewards for users who buy POSI.
New users click here to register.

Competition Period:2021-12-06 09:00 AM (UTC)---2021-12-13 09:00 AM (UTC)

Event Registration: Click to Submit Your UID & Join Immediately

Activity 1: 3,650 POSI ($17,000) for Users with Top Buy
From the top 200 traders by net buy volume, the users will be awarded the following POSI rewards:
1) 1st Place: 130 POSI (about $600)
2) 2nd Place: 110 POSI (about $500)
3) 3rd Place: 90 POSI (about $400)
4) The remaining 197 winners will share 3,320 POSI (about $15,500) according to their net buying volume.
* The 4th-200th place bonuses are capped at 90 POSI.
* During the competition, participants need to buy at least 90 POSI.

Trading Pairs: POSI/USDT

Activity 2: New Users Register & Trade, Win a Share of 430 POSI ($2,000)
New users who register for a Gate.io account and complete any amount of valid trades can receive 2 POSI each (about $10).
* A total of $2,000 POSI prize pool can be shared, first come, first served.
* Fill the Form to Receive the Airdrop:
https://www.gate.io/questionnaire/1148?ch=formPOSI

Activity 3: Invite New Users, Win a Share of 430 POSI ($2,000) Mega Reward
Users who invite friends to register for a Gate.io account, complete KYC verification and make any amount of valid trades can receive 2 POSI (about $10) for each invitee.
* A total of $2,000 POSI prize pool can be shared, first come, first served.

Activity 4: 200 POSI ($1,000) for Twitter Giveaway
From now on, we will start a 7-day about 200 POSI ($1,000) 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 10 POSI ($50).

Rules of Competition:
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

Reward Distribution:
The prizes will be distributed 7 working days after the end of the competition.
Entry is subject to all local laws.

Notice:
1. All participants need to fill in the application form and complete KYC verification by the end of the activity period, otherwise they will not be included in the list of winners;
2. The Sub-Accounts and a Master Account will be treated as the same account when participating in the activities.
3. Participants must agree and comply with the Gate.io terms. The use of duplicate accounts and any other unethical behavior is strictly prohibited;
4. Any content or actions that could bring disrepute to the Gate.io brand is strictly prohibited;
5. Rewards will be given in equivalent tokens and distributed to the winners’ accounts and can be viewed at“My Wallets”–“ My Billing Details”;
6. Gate.io reserves all rights to the final explanation.

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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Reach out to us!
Twitter: https://twitter.com/gate_io
Telegram: https://t.me/gateio_copytrading_global
Instagram:https://www.instagram.com/gateioglobal
Medium:https://medium.com/@gateio
Podcast: https://gateio.buzzsprout.com/?ch=buzzs

Gate.io Team
December 3
$1,000 POSI Giveaway
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