Gate.io Launches Weekly HODL & Earn, BTC & ETH round #1, 7% Annual Interest Rates

Gate.io HODL & Earn launches "Weekly Hodl & Earn (7 days)" products for major cryptocurrencies, starting from July 31st. There will be one to two products (with 7-day lockup periods) launched every week for major crypto currencies such as BTC, ETH and USDT, with annual interest rates being around 7%. The products are sold on a first-come-first-served basis.

The first Weekly Hodl & Earn will start on July 31st 2020, 4:00 AM GMT, with two products, Weekly BTC #1 Hodl & Earn (7 days) and Weekly ETH #1 Hodl & Earn (7 days) launched at the same time. The total amount of BTC to be locked is 100 and of ETH is 3,000, both with an annual interest rate of 7%.

Web Users can purchase via (App users can click on HODL&Earn):
Weekly HODL & Earn BTC #1 (7 days): https://www.gate.io/hodl/68
Weekly HODL & Earn ETH #1 (7 days): https://www.gate.io/hodl/69



Launching time of different major cryptos:



Gate.io’s ‘HODL & Earn’ belongs to a series of crypto-asset management tools that guarantee a stable profit with less risk. With Gate.io’s ‘HODL & Earn,’ users can earn interest with short or long term deposits. We will also launch asset management tools with major cryptocurrencies such as BTC and USDT, and will also launch more PoS & Earn for selection, providing more ways for users to gain interest.

Weekly HODL & Earn, BTC & ETH round #1 (7 days) Purchase Rules

1) Weekly HODL & Earn BTC #1 (7 days): The token to be locked is BTC, users will also receive interest in BTC. The annual interest rate is 7%. The total amount of BTC to be locked is 100. 
Weekly HODL & Earn ETH #1 (7 days): The token to be locked is ETH, users will also receive interest in ETH. The annual interest rate is 7%. The total amount of ETH to be locked is 3,000. 
2) Both purchase times start on July 31st, 2020, 4:00 AM GMT. Sales prioritization on a first come first serve basis.
3) During the first 10 minutes of the launch, users need to be VIP 3 and above to participate. The purchase limit will be calculated based on users' GT holdings.
Below is the requirements for GT holdings:



4) After the first 10 minutes of the launch, there are no VIP or GT holding requirements for participants. However, please note that the product might be sold out within the first 10 minutes.
5) The interests will be distributed to users when the lock-up period ends.

Attention: once purchased, the principle will be locked immediately and will only be returned with the interest when the lock-up period finishes. The funds are not able to be withdrawn during the lock-up period. Losses incurred due to market volatility shall be borne by users. Please be aware of the market risks and use this feature with caution.