Gate said it will launch nine USD1 perpetual contracts at 14:00 UTC+8 on Aug. 13, covering BTC, ETH, SOL, XAU, SPCX, SNDK, MU, SK HYNIX and XAG. At the same time, the exchange will start a limited-time fee discount program for USD1 contract trading. During the promotion, VIP 0 through VIP 16 users trading any USD1 perpetual contract will receive 0 maker fees and a 75% discount on taker fees.
Gate also announced a time-limited USD1 contract pioneer competition running from 15:00 UTC+8 on Aug. 13 to 15:00 UTC+8 on Aug. 20. Users who trade designated USD1 contract pairs and reach a first cumulative trading volume of 1,000 USD1 can receive a 20 USD1 contract position trial voucher. Users who complete trading check-ins for seven consecutive days can share a 50,000 USD1 pool of contract position trial vouchers, while the top 100 users by cumulative trading volume can share 50,000 USD1 in cash rewards. According to the announcement, the first-trade, check-in and ranking rewards can be stacked, bringing the total prize pool to the equivalent of 140,000 USD1.
According to an official announcement cited by Odaily, Gate will launch nine USD1 perpetual contracts at 14:00 UTC+8 on Aug. 13. The new listings cover BTC, ETH, SOL, XAU, SPCX, SNDK, MU, SK HYNIX and XAG.
Fee discount starts with the listings
Gate said a limited-time fee discount for USD1 contract trading will begin at 14:00 UTC+8 on Aug. 13. During the campaign, VIP 0 to VIP 16 users who trade any USD1 perpetual contract will pay 0 maker fees, while taker fees will be discounted by 75%.
USD1 contract pioneer campaign runs through Aug. 20
The exchange will also roll out a limited-time USD1 contract pioneer competition from 15:00 UTC+8 on Aug. 13 to 15:00 UTC+8 on Aug. 20. Users who trade designated USD1 contract pairs and complete a first cumulative trading volume of 1,000 USD1 will be eligible for a 20 USD1 contract position trial voucher.
Users who complete trading check-ins for seven straight days can share a 50,000 USD1 pool of contract position trial vouchers. The top 100 users by cumulative trading volume can also share 50,000 USD1 in cash rewards. Gate said the first-trade, check-in and leaderboard rewards can be stacked, with the total prize pool set at the equivalent of 140,000 USD1.
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