Gate.io launches Speed Dash Challenge with $50,000 prize pool

Gate.io, a leading global cryptocurrency exchange, has introduced an exciting new gaming contest—the Gate.io Speed Dash Challenge—to celebrate its sponsorship of Oracle Red Bull Racing in Formula 1.
Participants can compete on virtual racetracks and race for a $50,000 prize pool, according to the exchange’s official website.
Event Dates
The contest runs from March 7 at 02:00 (UTC) to March 26 at 15:59 (UTC), offering traders and crypto enthusiasts various ways to earn rewards while enjoying a high-speed racing experience.
How to play and win
To participate, users must visit the official event page and control their racing car by swiping on a mobile device or using mouse movements on a PC.
During the game, players collect coins and special items while avoiding obstacles that could reduce their playtime. The session ends when the timer reaches zero, and the number of collected coins determines the potential winnings.
Four ways to wn big prizes
Gate.io has divided the Speed Dash Challenge rewards into four main categories, allowing users to maximize their winnings through gameplay and friend referrals.
1. Treasure race – $30,000 prize pool
Players compete to collect as many coins as possible.
A $30,000 prize pool will be distributed proportionally based on the number of collected coins.
Coin exchange rates: 1 gold coin = 5 silver coins = 25 bronze coins.
2. Racing surprise – $2,000 in USDT red envelopes
After each game, participants have a chance to win a random bonus in USDT.
Up to 20 red envelopes per user per day.
3. Newcomer bonus – $15,000 giveaway
New users who register during the event and play at least 2 games will receive $10.
The $15,000 prize pool follows a first-come, first-served basis.
4. Referral bonuses – $3,000 for invitations
Players can invite friends using a referral link.
If a friend joins the game and plays at least once, it counts as a successful referral.
A $3,000 prize pool will be distributed proportionally based on the number of successful referrals.
Bonus chances to play
Participants can earn additional game attempts through:
Daily login – 1 free game per day.
Inviting friends – 1 extra attempt per invited friend.
Completing in-game tasks – Additional game sessions.
Important notices
KYC verification must be completed before the event ends to claim rewards.
Certain rewards require trading volume requirements:
- Minimum spot trading volume: $500.
- Minimum futures trading volume: $2,500 during the event.
Market makers, institutional traders, and affiliate accounts are not eligible to participate.
Rewards will be distributed within 14 business days after the event ends.
Gate.io merges trading and gaming with speed dash challenge
The Gate.io Speed Dash Challenge is an innovative way for traders to engage with the platform while celebrating Gate.io’s partnership with Oracle Red Bull Racing. As one of the top cryptocurrency exchanges, Gate.io continues to offer interactive experiences that blend trading and gaming.