Gate's First Futures Testnet Trading Competition | Share a $50,000 Prize Pool & Win Up to VIP tier +1 (60 Days)

Gate Introduces First Futures Testnet Trading Competition! Join the event to experience futures trading, refine your skills, and explore new profit opportunities. Open to all global crypto futures enthusiasts, this event offers a chance to win a share of $50,000 in rewards. Join now to showcase your skills and win exciting prizes!

Duration: June 3rd, 2024 10:00 to June 30th, 2024 09:59 (UTC)

Eligible Market: [Testnet: BTC/USDT Perpetual, ETH/USDT Perpetual], [Real Trading: All trading pairs of USDT-margined perpetual futures]

➣ Event 1: Futures Testnet Trading - Win Up to $3,000 & VIP tier +1 (60 Days)!
(a) Participants will be ranked by their [Return] achieved in testnet trading, and divide a $35,000 prize pool according to their rank position. The details are as follows:

(b) During the event, newly registered users who achieved a [Return] ≥ 500 USDT in the testnet trading will gain VIP2 for 30 days.

➣ Event 2: Kick Off Real Trading: Share a $15,000 Prize Pool and Win Gate Merchandise!
After testnet trading, users can move on to the real futures market to complete their [first futures trading]. Traders will be ranked based on their cumulative trading volume in real futures trading, with the top traders sharing a $15,000 prize pool and receiving exclusive Gate merchandise. Details are as follows:

Descriptions:
1.In event 2, the eligible market includes all USDT-margined perpetual futures trading pair.
2.The rewards from events 1 and 2 can be obtained at the same time. The rewards will be automatically distributed within 14 working days after the event ends.
3.For event 1, the reward 'VIP tier +1' does not apply to users at VIP10 and above.
4.Participants can only use one main account to participate in the event. Sub-accounts are not eligible to take part in event 1.
5.In event 2, a user must achieve a minimum futures trading volume of 1,000 USDT to be eligible to receive the rewards.
6.The rewards for event 1 will be distributed in the form of [Futures Vouchers].
7.Futures vouchers can be exchanged for account funds and used to open positions in real futures trading. They are currently supported only in the USDT perpetual futures market. These vouchers can serve as a margin to open positions and offset funding fee and transaction fees. Note that futures vouchers cannot be withdrawn. If you incur a loss using futures vouchers, it will not be deducted from your account. However, any profits made will be automatically credited to your futures/portfolio margin account after the position is closed. For more information on using futures vouchers, please refer to the help document [Futures Vouchers].
8.Illegal activities such as cheating, order brushing, and order matching are strictly prohibited. Users who do not follow the rules will be banned from the event and their rewards will be cancelled.
9.Volume generated by quantitative bots and API trading will not be counted.
10.This event is unavailable for users in the UK and other restricted areas specified in the Users Agreement.
11.Gate has the final interpretation of this event.

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Gate Team
June 3rd, 2024