The Global Features Trading Competition (GFTC), hosted by Gate.io, will be open starting from Dec. 15, 2021. It aims to be the largest futures trading competition in the world, with a prize pool of $2 million. The top-ranked competitors (known as “troops”, in the “Troop Showdown”) will have the chance to win around $1,6 million.
This is the first futures trading competition hosted by Gate.io. With such a huge prize pool offered by the organiser, you don’t even necessarily need to win in order to receive a prize - simply participating in the competition could suffice.
Marie Tatibouet, the CMO of Gate.io, had this to say about the GFTC:
“The first crypto extravaganza of 2022 is just around the corner, and we have carefully planned GFTC in every single aspect. In the past, people have marveled at Gate.io’s extensive range of products and services, such as the over 1,200 coins and tokens available to trade, GateChain and NFT Magic Box. Gate.io’s contract products have grown tremendously over the last year, reaching the top five worldwide.”
In order to participate in the competition, you will need to sign up on Gate.io, and open a contract with at least 200 USDT. In doing so, you will automatically qualify for the competition.
General Information About the GFTC
In order to register on the GFTC, you will need to do so anytime from Dec. 22, 2021, up until Jan. 17, 2022. The competition itself will run from Jan. 7, 2022, up until Jan. 21, 2022 (two weeks).
If you’re a new user of Gate.io, you will receive 10 USDT for entering the competition as an early bird. If you’re an already-existing user, you’ll receive 5 USDT, instead. Also, “Troop Captains” will receive an additional 10 USDT for each new person that they invite to Gate.io.
There will be two types of prize pools to be won - the “Troop Showdown”, and the “Solo Showdown”. The former has a prize pool of $1,6 million, while the latter boasts a healthy $400,000. On top of these prizes, there are extra rewards available, as well - you could win an NFT worth around $37,000, or vote on the potential champion of the “Troop Showdown”, and win $10,000.
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