Coin Price 24h %
Back To

Gate.io Bi-Weekly Report (October 16-31)

2020-11-01 10:03:31Read:12826

This new bi-weekly report by Gate.io brings popular events to your attention as well as breaking news to help you stay ahead of the market.Here is a quick recap of the most significant events from the past two weeks:

• “Deposit BTC to Win S1 Hardware Wallet” campaign launched;
• Upgraded VIP Privileges;
• “Earn Everyday” continued;
• EOS, ATOM, and TRX PoS Staking#5 launched, with an APR up to 10%;
• “Referral King Program”, “Bug-Hunt Legend”, “Grid Trading Competition” held;
• Wallet.io Pro released;
• More new coins added by listing votes.

Over the past two weeks, the total perpetual contract trading volume was about 2,552,646,982 USDT and the crypto-to-crypto trading volume amounted to about 1,471,542,215 USDT.


1.Deposit BTC to Win S1 Hardware Wallet
From October 28th to November 7th, users who deposit BTC to gate.io will have a chance to win thet S1 hardware wallet. The Top 100 by net BTC deposit or users with net deposit over 10 BTC can claim a SI hardware wallet.

2. “HODL & Earn”Section Launched More New Products
Over the past two weeks, “Earn Everyday” #5-#22 released, with an APR of up to 10%.We also launched the fifth round of “PoS Staking & Earn” for EOS, ATOM, and TRX, facilitating an estimated APR of 4% , 9%, and 10% respectively. “PoS Staking & Earn” product does not require a lock-up of your tokens. Your holdings are available any time you want. To participate, visit: https://www.gate.io/hodl

3. WOO and CORAL Launched via Gate.io’s “Startup”

A total of 1584 participants pledged over 3 million USDT during the CORAL startup sale. The final purchase factor was 0.1421. The CORAL sale completed successfully.
A total of 1,381 participants pledged over 3 million USDT during the WOO startup sale. The final purchase factor was 0.061. The WOO sale completed successfully.

4. Listing Vote#49-54 Concluded
Over the past two weeks, NU, SYLO, RAMP, STAKE, KFC and HYVE were listed on Gate.io after successfully concluding the listing vote. We have also distributed airdrop rewards of the winning projects to voters. As a rule, USDT collected from voters will be used to buy back and burn GT.

5. Gate.io VIP Privileges Full Scale Upgrade
We have upgraded key account privileges. Any account that meets one of the following criteria can apply for VIP Service: monthly trading volume 500 BTC or above, account assets worth 20 BTC or above, or GT tokens held 50K or above. The VIP privilege includes but is not limited to exclusive trading fee, personal VIP customer manager, and an increased limit. Read more at: https://www.gate.io/en/article/18113

6.Wallet.io Pro Launched
Wallet.io Pro, our innovative solution, is open to everyone in an effort to enhance the industry’s security as a whole. Wallet.io supports multiple signatures, redundant signers backup, and a fingerprint encrypted hardware wallet.

7. More Bonus To Users
Over the past two weeks, we held three campaigns, “Referral King Program”, “Bug-Hunt Legend”, and“Grid Trading Competition” to be able to give even more bonuses to users.

October 20th, 9:00 AM UTC - November 20th, Gate.io Referral King Program: 30K USDT Reward Pool
Learn more at https://www.gate.io/en/article/18086

October 24th – October 31st, Gate.io "Bug-Hunt Legend" Campaign- Find Bugs To Win 5000 USDT
Read more at https://www.gate.io/en/article/18115

October 28th 0:00 UTC-- November 07th, Grid Trading Competition.
Read more at https://www.gateio.pro/en/article/18160
8.More ETF products launched.
Over the past two weeks, we have launched ETF products for YFI, YFII, OKB, HT and FIL. The leveraged ETF product re-balances to target leverage every day following the profit and loss. Profit will be used to expand your position while the loss will lead to decrease the position. When trading with ETFs, you do not have to pay a margin, you can simply buy and sell it to enjoy increased exposure like you are trading with leverage. As FIL/USDT funding rate in the perpetual contract market has increased to 6% per day, the management fee of ETFs with FIL as an underlying asset has been adjusted as well.

9. Added Support for FIL Perpetual Contract Trading and Margin Lending
We have added support for FIL/USDT perpetual contract trading, which allows up to 20x leverage. https://www.gate.io/futures_trade/USDT/FIL_USDT
We have also enabled FIL margin trading and lending. The margin trading supports up to 3x leverage. Lend FIL at https://www.gate.io/margin/lend/FIL

10. FIL6 to FIL Daily Swap
A portion of FIL6 will be swapped for FIL on a daily basis following the launch of FIL mainnet. Gate.io has been swapping 0.55% FIL6 for FIL everyday. We had completed the FIL6 for FIL swap from October 16th – 30th, 1.3k FIL have been distributed to our users daily.

11. ARN to ARNX Migration
On October 20th, Gate.io swapped ARN for ARNX on a ratio of 1:1. We enabled ARNX deposits, withdrawals and trading services afterwards. Read more at https://www.gate.io/en/article/18088

12. Payment Refunded & Free HYVE Allocated to Voters
For Listing Vote on HYVE, we have set the token airdrop price for voters according to the HYVE team’s reference price as usual. However, that price seems to be higher than the market price now, leaving our voters little room for profit. That is against our intention to offer our users a bonus by allocating the tokens. We have decided to return the payment voters have paid while allowing them to keep the HYVE tokens allocated still.


About Gate.io
Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.

Sign up:https://www.gate.io/m#/register
Download it now at: https://www.gate.io/m#/register

Follow us on social
Facebook: https://facebook.com/gateioglobal
Twitter: https://twitter.com/gate_io
Telegram:https://t.me/gate_io
Instagram:https://www.instagram.com/gateioglobal
Medium:https://medium.com/@gateio

Gate.io Team
October 31, 2020


Share to: