More Details About ETHA & OXY Startup Sales’ Individual Cap

Gate has launched Startup, a platform that aims to provide users with access to innovative and advanced projects. Traders now have more opportunities to make an initial investment.



For the upcoming ETHA and OXY sales, the maximum one person can book will be based on the user’s VIP level.



1) VIP 0 will have zero maximum cap （See below for how to upgrade）

2) The higher VIP level, the higher individual cap.

3) The relationship of VIP level & individual cap:

Maximum packs you can order (not the actual purchased quantity) = the Square of VIP Level X 10

4) The hardcap per person is 1000 packs.

Example:

If a user is VIP2, the maximum packs he/she can order are: 2210=40 packs

If a user is VIP3, the maximum packs he/she can order are: 3310=90 packs

(please note, the booked packs are not the actual packs the user can get as startup sales are generally oversubscribed)



How to Upgrade to a higher VIP Level?



There are three VIP schemes available, your VIP level will be escalated when you meet any of the following:

Scheme 1: meet requirements for both 30 day’s trading volume + 14-day rolling average GT holdings

Scheme 2: Meet the 14-day rolling average GT requirement only

Scheme 3: Meet the total account value requirement only.

Learn more at: https://www.gate.com/en/fee







Gate is an established exchange that holds integrity, transparency,
and fairness to a very high standard. We charge zero listing fees and
only choose quality and promising projects. Our exchange consists only
of 100% real trading volume. Thanks to everyone who has joined us in our
journey. We always intend to improve and innovate to reward our users
for their continuous support.



Gate Team

March 3, 2021



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