The first batch of Ethereum spot ETFs will undergo the next round of approval by the end of May. On May 28, the London Stock Exchange will launch trading of Bitcoin and Ethereum crypto exchange-traded notes (ETNs). Given this dual news backdrop, are you in the bull or bear camp? The Long VS Short Contest is officially on! Gate provides a generous prize pool for this event to help you seize the opportunity!
Click the button below to sign up (Please do sign up here, or you'll not be able to win rewards)
Duration: May 29, 2024 ~ June 14, 2024
New users who newly create/copy bots (regardless of the strategy type) during the event will win a 10 USDT newcomer welcome bonus no matter which camp they sign up for! Start the battle with no threshold!
🏆The Best Newcomer Prize: During the event, new users who create a bot and run it ≥ 72 hours will win an extra 100 USDT individual rewards if the trading volume of their newly created bots ranks in the top 3 of all participants.
The result of the Long VS Short Team Contest will be determined based on the total returns of the Long and Short camps. The camp with the higher returns will be the winner! The winning camp will share a prize pool of 50,000 USDT based on their trading volume!
Participants will be assigned to their respective camps based on the final profits of their long/short bots. If a participant's long bots generate higher profits, they will be classified into the Long camp; conversely, if their short bots generate higher profits, they will be classified into the Short camp.
During the event, participants who invest over 100 USDT and create new bots (regardless of the strategy type) will be eligible to share 10,000 USDT if they rank in the top 20 in the camp according to their trading volume!
| Camp Trading Volume Ranking | Rewards/USDT |
|---|---|
| 1 | 1,000 |
| 2 | 800 |
| 3 | 500 |
| 4~10 | Share 2,100 |
| 11~20 | Share 1,000 |
1.To ensure fairness in the competition, users can only use one account. No sub-accounts allowed;
2.Rewards for Round 1 & 2 & 3 of the Contest will be distributed to your account in the form of trial funds;
3.Winners of The Best Newcomer Prize in Round 1 of the Contest must maintain a single trading volume of over 110,000 USDT. Otherwise, rewards will be reduced based on the actual total trading volume;
4.Round 2 of the Contest requires both camps to maintain a trading volume of over 66,600,000 USDT. Otherwise, rewards will be reduced based on the actual total trading volume;
5.Round 3 of the Contest requires participants of the trading volume ranking contest to maintain a trading volume of over 130,000 USDT and the top 20 participants of each camp to maintain a trading volume of over 3,600,000 USDT. Otherwise, rewards will be reduced based on the actual total trading volume;
6.Cheating is not allowed. Once discovered, all rewards will be canceled and handled in accordance with the platform's rules;
7.The rewards for this event cannot be shared with rewards from other similar events. If you participate in multiple events simultaneously, only the highest reward will be issued;
8.Risk warning: Cryptocurrency trading is affected by many factors, such as market fluctuations and policies. The market fluctuates greatly, and making accurate predictions may sometimes be difficult. Please trade responsibly and make sure you understand all the implications of this activity.
Bots is a quantitative strategy trading tool where users can freely create or copy automatic trading strategies. Strategy Bot offers many excellent strategies with long-term stable profits, helping users achieve profits during market downturns.
Click to enter Bots: Bots; Stable & Profitable in the Long Run
More instructions on Trading: https://www.gate.com/help/quants/essential_reading
Note: Users in the UK and other Restricted Locations cannot participate in this competition/event (please see the User Agreement for further details on Restricted Locations).
Gate reserves the right to the final interpretation of this event.
If you have any questions, please contact us through TG or add customer service:
Bots - Chinese TG group: https://t.me/gateio_copytrading
Bots - English TG group: https://t.me/gateio_copytrading_global
Customer Service: https://t.me/Gate_CopyTrading
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Gate
May 29, 2024
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