05.07.2024
Mirjan Hipolito
Cryptocurrency and stock expert
05.07.2024

Gate.io launches $15,000 trending coins event

Gate.io launches $15,000 trending coins event Gate.io launches $15,000 trending coins event

Gate.io has announced a new trading competition, the Trending Coins Fiesta, offering participants a chance to win a share of $15,000 in rewards.

In an effort to boost user engagement and activity on the platform, Gate.io has launched the Trending Coins Fiesta, a limited-time trading event running until July 11, 2024. This competition encourages traders to engage with a selection of trending cryptocurrencies to earn a share of the $15,000 prize pool.

Latest trending coins, according to Gate.io:

SEAT, DADDY, ZBU, MAGA, MUC, WELL3, PUMLX, 1EARTH, DHX, HCT (ranked in no particular order).

The event offers three bonus categories:

- Bonus 1: Allows participants to trade specified trending coins and share $8,000 in rewards based on their trading volume, with a minimum cumulative trading volume requirement of $200.

- Bonus 2: Offers an additional $5,000 for traders who exceed $2,000 in cumulative volume with the specified coins, with rewards ranging from $5 to $100, awarded randomly on a first-come, first-served basis.

- Bonus 3: Covers new users, offering a $5 reward for newcomers who complete KYC2 verification and any amount of spot trading in the trending coins, with a total prize pool of $2,000 available.

Gate.io's initiative aims to increase market activity and attract new users by leveraging the popularity of selected coins.

The promotion also emphasizes compliance, requiring participants to complete verification processes and comply with the rukes to qualify for rewards.

Launched in 2013, Gate.io is a centralized crypto exchange (CEX) with a large portfolio of crypto coins and tokens to trade. The platform supports over 1,400 cryptocurrencies with over 2,500 trading pairs. The exchange occupies one of the leading positions in terms of trading volume (more than $12B in trading volume daily) and supports spot and margin trading. It also expanded services to other markets, including options, futures, and derivatives for investors.

See also: Crypto.com launches enhanced referral program

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