Gate.io is currently holding a SAO trading competition. It will start on Dec 2nd 09:00 UTC to Dec 9th 09:00 UTC. We have a pool of $37,000 in rewards for users who trade SAO . New users need to sign up Gate.io to participate.
Activity 1: Trade SAO to share 257,100 SAO (about $30,000)
The top 200 users based on trading volume will share $30,000.
1st Place: 12,100 SAO (about $1,400)
2nd Place: 9,000 SAO (about $1,000)
3rd Place: 6,000 SAO (about $700)
The 4th-200th place:Will share the remaining 230,000 SAO(about $26,900) based on trading volume.
*Note: The 4th-200th place bonuses are capped at 6,000 SAO.
*The trading volume of the participants shall be no less than 9,000 SAO (about $1,000)
Activity 2: First 500 Deposit users to Share $3,000 SAO Airdrop
The top 500 deposits will share 26,000 SAO (about $3,000). On a first come-first served basis!
*Participants need to deposit at least 3,400 SAO (about $400).
Activity 3: New User Airdrop, $1,000 to be Won
New users who register for a Gate.io account and complete any amount of valid trades can receive 90 SAO each (about $10 USDT).
A total of 9,000 SAO (about $1,000) prize pool can be shared, first come, first served.
Activity 4: Invite Friends, Win $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 90 SAO (about $10 USDT) for each invitee.
A total of 17,000 SAO (about $2,000) prize pool , first come, first served.
Activity 5: $1,000 SAO for Twitter Giveaway
From now on, we will start a 7-day 9,000 SAO ($1,000) Twitter Giveaway event to complete forwarding and following tasks and get lucky draw opportunities. After the event, we will draw 100 people from them and will give 90 SAO($10) to each.
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.
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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