#Gate事件合约首发狂欢 Gate launched a brand-new event contract product on July 21, and simultaneously kicked off a launch celebration competition with a total prize pool of $50,000.

This product is very different from traditional contracts. Its core features are as follows:

🎯 Product Core Features

· Ultra-simple gameplay: You only need to judge whether BTC or ETH will go up or down within 5 minutes, 15 minutes, 1 hour, or 4 hours. No leverage adjustment or margin posting is required.
· Low entry, no liquidation risk: You can participate with as little as 1.5 USDT. Since it does not use leverage, the maximum loss is limited to the principal you put in—there is no liquidation risk.
· Pricing and settlement: The contract price is between 0.01 and 0.99 USDT, reflecting the probability of the market moving up or down. If you’re correct, it settles at 1 USDT per contract, and the platform does not charge any settlement fee.

🎉 Triple Rewards for the Celebration (Starting July 21 at 10:00)

· First-order loss coverage reward: Among the first 2,000 users whose first orders incur losses, they can receive compensation (cap: $5).
· Profit doubling reward: During the event period, net profits are eligible for an additional doubling reward, distributed based on profit ranking (cap: $500).
· Trading sprint reward: cumulative trading volume ≥ 1,000).

📱 How to Participate

You need to update the Gate App to version v8.28.5, then find the entry in the “Contracts” section to participate in trading and register for the event.

The event contract pricing mechanism is relatively special, and short-term price fluctuations are also significant. It’s recommended to start with a small amount to get familiar with the rules before going all in.