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#EventContractsLaunch
Event Contracts Are Now Live - and Gate Is Hosting a $50,000 Launch Carnival!
Gate.io has officially launched Event Contracts! We now have two contract products available based on two prediction strategies (long-cycle and short-cycle predictions) from real-life event market conditions. This means a simplified and user-friendly experience to trade on price-swing rather than only a long-term forecast to cater to both novice and expert traders.
To mark the launch of these new contracts, Gate is offering a launch carnival with $50,000 up for grabs! One of my favorite components of this campaign is the ‘first-trade’ protection where the first 2,000 first-trade participants to have a losing trade in an event contract will be rewarded up to $5 in compensation, reducing your entry risk when trying out event contracts.
In terms of trading rewards: Net trading profits doubled, and capped at $500 per user; The top 50 participants in trading volume can take home a portion of the trading sprint pool with a top prize of $1,000 and an overall trading sprint pool of $20,000; Users with at least $1,000 trading volume also share the trading sprint pool (with maximum reward $1000).
The event is running from July 21st, 10 AM to July 31st, 4 PM (UTC+8) and it provides an abundance of reasons to experiment with these new products or compete to be among the top traders. It is important to remember, as always, to understand the risk associated with the market with any investment – and these Event Contracts are no exception.
Will you be trying out Event Contracts on Gate? Let me know in the comments! 👇
#Gate #CryptoTrading