Gate.io HODL & Earn launched the first "Weekly Hodl & Earn (7 days)" products for major cryptocurrencies on the 31st of July and received an overwhelming response from our community. The first rounds for BTC, ETH and USDT were all sold out during the first hours of the sale. Total amounts to be locked were 100 BTC, 3,000 ETH and 1,000,000 USDT respectively, all with an annual interest rate of 7% and above.
To cater to user's demand, Gate.io will be launching another 6 rounds of Weekly HODL & Earn for BTC, ETH, BCH, BSV, XRP and LTC every Tuesday, starting on the 4th of August, 4:00 AM GMT. The details are as follows:
Web Users can purchase via (App users can click on HODL & Earn):
Gate.io HODL & Earn Tuesdays: BTC#1 (7 days): https://www.gatecn.io/hodl/72
Gate.io HODL & Earn Tuesdays: ETH#1 (7 days): https://www.gatecn.io/hodl/73
Gate.io HODL & Earn Tuesdays: BCH#1 (7 days): https://www.gatecn.io/hodl/74
Gate.io HODL & Earn Tuesdays: BSV#1 (7 days): https://www.gatecn.io/hodl/71
Gate.io HODL & Earn Tuesdays: XRP#1 (7 days): https://www.gatecn.io/hodl/75
Gate.io HODL & Earn Tuesdays: LTC#1 (7 days): https://www.gatecn.io/hodl/76
Gate.io Weekly HODL & Earn of six mainstream cryptocurrencies will be launched simultaneously!
Gate.io HODL & Earn
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. The Weekly HODL & Earn products started on July 31st and there will be new rounds launched every Tuesday and Friday, sold on a first-come-first-served basis. We will also launch more asset management tools for major cryptocurrencies and a wider selection of PoS & Earn products.
Weekly HODL & Earn Tuesday Rounds' Purchase Rules
1) Gate.io HODL & Earn Tuesdays: 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.
Gate.io HODL & Earn Tuesdays: 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.
Gate.io HODL & Earn Tuesdays: BCH #1 (7 days): The token to be locked is BCH, users will also receive interest in BCH. The annual interest rate is 4%. The total amount of BCH to be locked is 2,000.
Gate.io HODL & Earn Tuesdays: BSV #1 (7 days): The token to be locked is BSV, users will also receive interest in BSV. The annual interest rate is 4%. The total amount of BSV to be locked is 2,000.
Gate.io HODL & Earn Tuesdays: XRP #1 (7 days): The token to be locked is XRP, users will also receive interest in XRP. The annual interest rate is 4%. The total amount of XRP to be locked is 1,500,000.
Gate.io HODL & Earn Tuesdays: LTC #1 (7 days): The token to be locked is LTC, users will also receive interest in LTC. The annual interest rate is 4%. The total amount of LTC to be locked is 10,000.
2) All sales start at 4:00 AM GMT August 4th, 2020. Sales prioritization is on a first come first serve basis.
3) During the first 10 minutes of the launch, users need to be VIP tier 3 and above to participate. The purchase limit will be calculated based on users' GT holdings.
Below are 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 interest will be distributed to users when the lock-up period ends.
Attention: once purchased, the asset will be locked immediately and will be returned with interest after the lock-up period ends. The funds are not able to be withdrawn or unlocked before the end of 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.
Weekly HODL & Earn rounds will be launched every Friday as well. BTC and ETH rounds #2 will launch this Friday (August 7th) (total lock-up amount is 100 BTC and 3,000 ETH respectively, both with an annual interest rate of 7%). Please stay tuned!
Weekly HODL & Earn on Fridays Timetable
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