WCTC S5 Competition Officially Begins! Take a Lucky Draw to Win an iPhone 15!

2023-08-31, 06:27

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![](https://gimg2.gateimg.com/image/article/1693463791英文 blog.jpeg)
After the long preparations, the WCTC S5 will usher in its first competition day on August 31st!  The registration channel will not close during the official competition stage and will remain open until September 24. So you can still invite your friends to register for the event after the competition kicks off. 
As of the start of the competition, over 8,000 participants have signed up for the event, expanding the dynamic prize pool to $ 110,000. The bonus pool will continue to bulge as more players join.
Registration period: The registration channel will remain open until September 24th.
Competition stage: August 31-September 27
Registration <a href="/price/link-ln" target="_blank" class="blog_inner_link">LINK</a>: https://www.gate.io/zh/competition/wctc/s5

**Ⅰ. 21 iPhones, 50 iPads, and 100 pairs of AirPods are up for grabs in the live prize draw  **
The World Crypto Trading Competition (WCTC) is a prestigious global crypto derivatives trading event, hosted by Gate.io.  Recognized as the most intense and high-profile competition in the global crypto sector, WCTC boasts the largest prize pool among similar contests.
The cryptocurrency market is still experiencing its long-standing downturn as the competition begins. To boost morale, establish confidence, and encourage participation, we will hold 5 rounds of live prize draws during the event to give out additional benefits to participants, as a supplement to the original expandable prize pool up to $ 5 million  Prizes up for grabs include 21 iPhones, 50 iPads, 100 pairs of AirPods, and more
The following is the schedule of the live lucky draws: 
![](https://gimg2.gateimg.com/image/article/1693463626英文奖励.png)

**Ⅱ. A prize pool up to $ 5 million and other diversified rewards**
In gratitude to participants of the event, WCTC S5 sets a dynamic prize pool of up to $ 5 million and other generous rewards. Specifically:
①. Generous Rewards: The total prize pool amounts to a staggering $5 million. Each victorious team can receive up to $525,000. The team captain is entitled to a 20% share of the team's prize, equating to a maximum potential payout of $105,000 per captain. Apart from the captain, each individual player can win up to $125,000.
②. Diverse Game Formats and Options: The majority of the prize pool is allocated to futures competitions, which are split into team and individual events. Additionally, there are spot individual competitions and the Gate.io Web3 futures competition. Participants have the freedom to either join the individual competition or create their own team.
③. Updated Competition Rules Emphasizing Efficiency and Fairness: The competition features three different ranking categories: futures trading profit, futures trading volume, and spot trading volume. These rules aim to foster both team and individual participation.
④. Low Entry Threshold, High Leverage Ratio: Forming a team requires just five individuals, and any user with at least $100 in their account can participate. A wide selection of tradeable currencies with ample liquidity will be available. Moreover, you can utilize leverage up to a maximum of 100x to amplify your gains!

**Ⅲ. Exclusive Benefits for Captains**
Here's a summary of the exclusive benefits for captains in WCTC S5:
①. Generous Rewards for the Team Captain: The team captain is entitled to 20% of the total $5 million prize pool, raising the maximum potential payout for each captain to $105,000.
②. Star Captain Award: Team leaders are eligible for a specified amount of withdrawable USDT as a reward, provided the star members within their team reach the required figure.
![](https://gimg2.gateimg.com/image/article/1693463742英文明星团长.png)
③. Additional Exclusive Benefits for Captains: Besides the aforementioned rewards, captains enjoy a variety of benefits specifically curated for them. These include VIP+1 privileges, startup shares, perpetual futures bonus airdrops, popular token airdrops, personalized trophies and certificates, Gate.io merchandise, and exclusive trading competitions designed solely for captains.
④. Captains' Rebate: Captains who have successfully invited friends to participate in the event by sharing the link can enroll in the Gate.io Affiliate Program to earn a rebate of up to 60% thereafter. This rebate privilege is permanent!
⑤. Personalised trophy for captain: Trophies will be customized for winners in the team competition and individual competition, to commemorate performance of the victorious players in the competition.
To learn more about WCTC S5 , please visit the event page!

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