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Gate Event Contracts Debut, a More Accessible Route for Short-term Price Speculation In Crypto! Event Contracts, launched by Gate Square, marks the latest innovation seeking to provide new channels for more easily participating in the digital asset market, removing traditional complexities of leverage and margin with a focus on intuitive and short-cycled crypto price predictions.

Users are now able to directly select popular cryptocurrencies like BTC or ETH, define a short price cycle duration, and bet on which direction the price will surge or retreat over the selected timeframe. Gate is offering four choices for these durations: 5-minute, 15-minute, 60-minute, and 240-minute, catering to diverse trading strategies and preferences. To promote this new trading offering, a Launch Carnival campaign offering over $50,000 in rewards, including trial funds, fee rebates, and more for meeting specific campaign conditions, is underway!

The campaign features three main reward categories:

* First Deal Protected Payout: The first 2,000 users whose initial Event Contract trading is unsuccessful are eligible to receive a compensation of up to 5 USDT each.

* Profit Double Reward: Earn a 100% bonus on eligible net profits secured during the carnival, capped at a maximum of 500 USDT per user.

* Trading Sprint Reward: Compete for a share of a 20,000 USDT prize pool for those achieving at least 1,000 USDT in cumulative trading volume during the campaign period, proportionally to their trading input.

Event Contracts bring another layer of interaction to the crypto sphere, democratizing the act of speculation on short-term price movements. However, traders should remember that risk management, discipline, and a rational approach remain vital for any trading endeavor. Gate's continuous introduction of accessible products like Event Contracts highlights its commitment to evolving the user experience and broadening market access.

Would you be inclined to test out these short-cycle BTC and ETH price predictions, or would you stick with conventional spot and futures trading?

#Bitcoin #GateSquare
BTC-0.26%
ETH-1.65%
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