Gate.ioiscurrentlyholdingaREFtradingcompetition.ItwillstartonNov9th09:00UTCtoNov16th09:00UTC.Wehaveapoolof$13,500inrewardsforuserswhotradeREF.NewusersneedtosignupGate.iotoparticipate.FilluptheformtoparticipatenowTradeREF/USDT:https://www.gate.io/trade/REF_USDTCompetitionPeriodNov9th09:00AMUTC---Nov16th09:00AMUTC,2021(7daysintotal)Activity1:First500DeposituserstoShare$2,000AirdropinREFThetop200depositswillshare300REF(about$2,000).Onafirstcome-firstservedbasis!*Participantsneedtodepositatleast60REF(about$400).Activity2:TradeREFtoShare$10,000RewardsinREFThetop200usersbasedontradingvolumewillshareover$10,000.1stPlace:90REF2ndPlace:70REF3rdPlace:60REFThe4th-200thplace：Willsharetheremaining1,260REFbasedontradingvolume.*Note:The4th-200thplacebonusesarecappedat60REF.Duringthecompetition,participantsneedtotradeatleast120REF.Activity3:$500REFforTwitterGiveawayFromnowon,wewillstarta7-dayabout70REFtwitterGiveawayeventtocompleteforwardingandfollowingtasksandgetluckydrawopportunities.Aftertheevent,wewilldraw35peoplefromthemandwillgive2REFActivity4:REFTelegramAMA,$1000REFGiveawayWewilllaunchtheREFTelegramAMAactivityinthenearfuture,invitingREFprojectpersonneltovisittheGate.ioTelegramgroup.Duringaseriesofevents,atotalof150REF($1,000)airdropbenefitswillbegivenout.DetailsoftheeventwillbeonGate.ioTwitterandTelegramannounced,sostaytuned!AccessforMobileUsers:TradeREF:Gate.ioApp--“Markets”--Searchthe“REF/USDTTradingMarket”RulesofCompetition:1.Theearlieryouparticipateintradingvolumethehighertheweighting.Usertradingvolumeiscalculatedas(buyvolumesellvolume)x(timebonusfactor)(notcountingsameuserbuyingandselling,pleasedonotswipetradingvolume).(Timebonusfactor)from1.2timesatthebeginningofthecampaignto1.0timesattheendofthecampaign,decreasinglinearlyovertime.2.DuetovariedtransactioncostsfordifferentVIPlevels,inordertokeepthecompetitionfair,thetransactionvolumewillbeeliminatedbymultiplyingthe(actualcommission/VIP10commission)bythedifferenceinusertransactioncommission.3.Duetothedifferenceintransactioncostforreferrerrewards,inordertokeepthecompetitionfair,thetransactionvolumewillbenormalizedbywhetherthereisareferrerornottoeliminatethedifferenceinuserfeecost.Notice*1.Rewardswillbedistributedtothewinninguseraccountswithin7workingdaysaftertheendofthecampaign,whichcanbeviewedat“MyFinance”-“Billings”.2.OnlyOneEntryperpersonwillbepermitted(KYCmusthavebeencompleted).TheSub-AccountsandMasterAccountwillbetreatedasthesameaccountwhenparticipatinginthecompetition.3.Inordertosafeguardeveryuser’srightsandguaranteefairness,theplatformwillcancelentriesformaliciousactsconductedduringtheperiod,includingmalicioustransactionmanipulations,illegalbulkregistrationofaccounts,self-dealing,etc.RiskWarning:Pleasebesuretonotethatthevirtualcurrencymarketisvolatileandlossesmayoccurindifferentsituations,soyouarestronglyrecommendedtounderstandalltherelatedinformationandbevigilantinregardstoyourinvestmentactions.Gate.ioreservestherighttocanceloramendanyactivityoractivityrulesatoursolediscretion.Gate.io|YourGatewaytotheBlockchainUniverse
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