Gate.io already supports a USDT Gate.io Futures Trading Simulation Area. Our Gate.io Futures feature now provides rewards of 3,000 GT to award users who perform well in the contest, which is only for BTC/USDT Gate.io Futures(applicable to this week, next week, and the entire season) with a highest potential leverage of 100 times. Users can transfer their insurance funds of 1,000 USDT for trading every day without risk of actual loss. 30 winners will be awarded every day during 7 successive days. We are looking forward to your participation!
How to enter the USDT Gate.io Futures Trading Simulation Area:
First page of Web – Derivatives – Delivery
Or click here to enter: https://www.gate.io/cn/testnet/futures-delivery/usdt
1.Time:
From 9:00 AM GMT June 30th, 2020 to 9:00 AM GMT July 7th, 2020 (7 days in total). We will be determining the winners on a daily basis.
2. Prize:
The competition results over the past 24 hours will be calculated at GMT 9:00 AM each day.
1st prize: 100 GT
2nd prize: 60 GT
3rd prize: 20 GT
4th-30th prize: 10 GT each winner
3. Rules:
1) Traders who trade BTC/USDT contracts during the competition period will automatically be subscribed to the competition.
2) The competition result of the past 24 hours will be calculated at GMT 9:00 AM each day.
3) During the contest, the amount of funds transferred is subject to restrictions. No leverage limits on Futures (leveraged 1-100 is applicable). The minimum profit is 100 USDT, ranked according to profit ratio (profit totals/principal totals). The 1st to 3rd prize will be set as 100GT, 60GT and 20GT, and 4th to 30th 10GT.
4) Each day the accepted trading count is between 1-40.
*Attention:
1) The earnings from the competition will be calculated based on the accumulated earnings from the BTC/USDT contract trading (including unrealized losses/earnings, realized losses/earnings, trading fees and other handling fees etc.)
2) Principle = original account balance + subsequent transferred-in funds
3) To ensure fairness of the competition accounts with abnormal trading activities (e.g. use of other accounts to distribute earnings) will be excluded. The prizes will be distributed to the next trader based on their ranking.
4) Each KYC user is allowed to participate only once, and users participating in the contest or manipulating contract price via multiple accounts will be disqualified.
5) Risk warning: Please note that the cryptocurrency market is extremely volatile. Please be aware of the market risks and choose the amount of leverage cautiously.
6) To learn how to trade Gate.io Futuress, please go to the Trading Simulation Area for more practice.
4. USDT Gate.io Futures Trading Simulation Area:
Web (this week):
https://www.gate.io/testnet/futures-delivery/usdt/BTC_USDT_WEEKLY_20200703
Web (next week):
https://www.gate.io/testnet/futures-delivery/usdt/BTC_USDT_WEEKLY_20200710
Web (the entire season):
https://www.gate.io/testnet/futures-delivery/usdt/BTC_USDT_QUARTERLY_20200925
USDT Gate.io Futures trading simulation is currently not supported in the app. Simulation in the app will be enabled soon. Currently, mobile users could trade via browser.
5. Gate.io Futures
Gate.io Futures is an essential digital assets derivative settled in USDT. It is an agreement to buy or sell the underlying assets at a predetermined price at a specified time (this week, next week, and this season). Unlike the Perpetual Contract, the Gate.io Futures has a delivery date, so the buyer and seller are obliged to complete the delivery on the predetermined date. Gate.io Futures has the highest leverage of 100 times. Users could go long or go short to gain profits and adjust the ratio of leverage to enlarge the profits.
Gate.io adopts a comprehensive indicator price of numerous platforms over the world as a closed position indicator and therefore avoids the forced liquidation caused by the fluctuated market price, significantly reducing the risk of investment. Please be aware of the high risk of Futures trading and proceed cautiously when making any investments, according to your own risk tolerance.
Gate.io Futures handling fees:
Maker:-0.025% (returning handling fees to the account)
Taker:0.075% (0.025% of it is deducted from the account and pay for Maker)
Delivery: 0.015%
6. USDT Gate.io Futures Trading Area (Real Asset)
Gate.io will be launching a USDT Gate.io Futures Trading Competition in the simulation area. Please stay tuned!
Gate.io Perpetual Contract
BTC/USD Perpetual Contract:
Web: https://gate.io/futures_trade/BTC/BTC_USD
APP: “Futures” on the first page – “BTC Contract”
Gate.io Perpetual Contract
BTC/USD Perpetual Contract:
Web: https://gate.io/futures_trade/USDT/BTC_USDT
APP: “Futures” on the first page – “USDT Contract”
Gate.io Margin Trading (long or short): https://www.gate.io/margin_trade/BTC_USDT
*Gate.io reserves the final right to interpret this activity
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