Gate.io HODL & Earn launched the first "Weekly Hold & 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, with an annual interest rate of 7% for BTC and ETH, and 10% for USDT.
To cater to user's demand, Gate.io will be launching another 3 rounds of Weekly HODL & Earn for BTC, ETH, and USDT, starting on the 7th 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: BTC#2 (7 days): https://www.gate.io/hodl/77
Gate.io HODL & Earn: ETH#2 (7 days): https://www.gate.io/hodl/78
Gate.io HODL & Earn: USDT#2 (7 days): https://www.gate.io/hodl/79
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: BTC#2 (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 #2(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: USDT #2 (7 days): The token to be locked is USDT, users will also receive interest in USDT. The annual interest rate is 10%. The total amount of USDT to be locked is 1,000,000.
2) All sales start at 4:00 AM GMT August 7th, 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:
In addition, Gate.io Weekly HODL & Earn Tuesday Rounds for BSV#1, XRP#1, and LTC#1 are still ongoing, all with an annual interest rate of 4%. The sales will close five days later. See details from the table below
Web Users can purchase via (App users can click on HODL & Earn):
Gate.io HODL & Earn Tuesdays: BSV#1 (7 days): https://www.gate.io/hodl/71
Gate.io HODL & Earn Tuesdays: XRP#1 (7 days): https://www.gate.io/hodl/75
Gate.io HODL & Earn Tuesdays: LTC#1 (7 days): https://www.gate.io/hodl/76
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.
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