Gate launched the first-ever Short-Term Options Daily Contest from 12:00 AM GMT on July 16th, 2020 to 12:00 AM GMT on July 28th, 2020, and provides a pool of 7,000 GT to award users who perform well! There will be a maximum of 30 winners each day and a total of 360 winners over 12 consecutive days. All users have a chance to win a Lucky Prize of 300GT!
The competition results of the past 24 hours will be calculated at 12:00 AM GMT each day. Users who trade Options on Gate during the contest are deemed as successful participants. During the contest, the amount of funds transferred is subject to a set of regulations. The minimum profit is 10 USDT, ranked according to profit ratio (profit totals/principal totals). The 1st to 3rd prize corresponds to 130GT, 90GT and 50GT, and 4th to 30th place to a 10GT prize.
Users who trade short-term Options during the campaign and make a daily profit more than 50 USDT are eligible to participate in the Lucky Draw (prize of 300 GT). Winners of the daily contest are twice as likely to win the Lucky Draw.
To find out more about the contest, visit https://www.gate.com/article/17629
Currently, the contest is still ongoing. From July 16th to July 17th, the highest profit rate was 551.89% (occurred on July 17th), and the highest profit was 866.892011 USDT (occurred on July 17th).
To learn more about the daily contest ranking, head over to https://www.gate.com/short-term/options_market_info/ranking.
Rewards of July 16th
By 12:00 AM GMT, July 17th, the highest profit rate was 40.91%, and the highest profit amount was 40.524578USDT.
Below is the list of winners and the rewards that will be distributed to users' accounts. Users can check the received rewards at "My Wallets > My Billing."
Rank, UID, Profit (USDT), Profit Rate
1 164 40.524578 40.91%
2 2**24 32.595532 32.60%
3 185 31.171221 31.17%
4 242 31.136264 31.14%
5 236 30.78295 30.78%
6 217 19.298855 19.30%
7 209 18.838701 18.84%
8 273 16.527849 16.53%
Rewards of July 17th
By 12:00 AM GMT, July 18th, the highest profit rate was 551.89%, and the highest profit amount was 866.892011 USDT of the previous 24 hours.
Below is the list of winners and the rewards that will be distributed to users' accounts. Users can check the received rewards at "My Wallets > My Billing."
Rank, UID, Profit (USDT), Profit Rate
1 3*52 866.892011 551.89%
2 2***84 334.513699 109.32%
3 708 19.748571 45.47%
Congratulations to all the winners!
Gate reserves the final right to interpret this activity.
Gate has officially launched BTC/USDT short-term options trading and simulation trading for call/put options that are 1/4/24 hour (hours) before expiration. The handling fee is 0.04%. Currently, the maximum buying amount is 100 USDT (will increase in the upcoming days).
How to trade options
Users can go to the home page of Gate, head over to ‘Derivatives’ under the navigation bar, and click ‘Short-term Options’ under ‘Derivatives’
Or directly head over to https://www.gate.com/short-term-options/BTC_USDT
The BTC/USDT options trading is currently only available on Web; mobile users will get access to this feature soon, after our next App upgrade.
Simulation trading: https://www.gate.com/testnet/short-term-options/BTC_USDT
Daily Ranking ~ Win GT & a Lucky Prize!
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Spot Trading on Gate (200+ tokens):
https://www.gate.com/trade/BTC_USDT
Margin Trading on Gate (Long or Short):
https://www.gate.com/margin_trade/BTC_USDT
Perpetual Contract Trading:https://www.gate.com/futures_trade/BTC_USD
Lending on Gate (secure and stable, high annual return):
https://www.gate.com/margin/lend/USDT
C2C Trading on Gate:
https://www.gate.com/c2c/usdt_cny
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