Announcements Gate.io Crypto Predictor: Guess LTC Price & Share $25,000 LTC Prizes

Gate.io Crypto Predictor: Guess LTC Price & Share $25,000 LTC Prizes

2023-07-21 01:00:07 UTC 21418 Read

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Who is the best crypto price predictor? $25,000 LTC prizes are waiting for you! Use your market analysis skills plus some luck, come to predict the price of LTC, where you have 20 chances to guess each day! Join and stand to win a share of $25,000 LTC.

**Event Period:** 00:00, July 20 - 23:59, August 2 (UTC)
**Join Now: **https://go.gate.io/w/yKaZ6UwU

**How to participate:**
Step 1: Visit [the activity page](https://go.gate.io/w/yKaZ6UwU "the activity page");
Step 2: Submit your guess price, select the Activation Multiplier;
Step 3: Complete spot trading to activate the guess price;
Step 4: If the guess price is correct, stand to split the prize pool

**🎁Reward 1: Guess the price & share the prizes**
If the guessed price is correct (the margin of error is < +/- 0.1) and has been activated, split the prize pool based on the proportion of the trading volume used to activate the price. 
The prize calculation formula is as follows:
Reward = Prize Pool * (Trading Volume used to Activate the Guess / Total Activated Trading Volume of All Users Who Guess the Price Correctly)

**🎁Reward 2: Participation Reward**
All participants will share an additional $1,000 reward based on the proportion of their activated trading volume. The total activated trading volume, including those who did not guess the price correctly, will determine the share of the rewards. The larger the total activated trading volume is, the higher the proportion of the reward will be.

**Rules**
1) Users can guess the LTC price 20 times each day during the event. The submission of price predictions will close 4 hours before the closing time of each day (23:59 UTC). 
2) If the margin of error, between the guessed price and the actual closing price, is less than +/- 0.1, it will be considered as a correct prediction.
3) Activate the guessed price by completing the required spot trading volume based on the selected Activation Multiplier.
<img src="https://gimg2.gateimg.com/image/article/1689865670截屏2023-07-20 23.07.42.png" alt="" width="580"  />

**Notice:**
1.Participants need to complete the required trading volume before the closing time, 23:59 (UTC) each day; if participants submit multiple prices, the guess price will be activated in chronological order of submission time.
2.The LTC closing price is based on the daily closing price of LTC/USDT spot trading market on Gate.io.
3.Spot trading volume = buy volume + sell volume; the spot trading volume shall be from the trading pairs in USDT trading zone (BTC/USDT pair excluded).
4.After the event ends, the prize pool will be unlocked based on the total number of valid predictions (the guessed price has been activated) from all participants each day. If the daily valid predictions are more than 10,000, the entire prize pool will be unlocked. If not, the prize pool will be unlocked based on the proportion of actual valid predictions on a daily basis.
5.Participants need to complete KYC2 verification to receive rewards. The rewards will be distributed in LTC within 14 working days. The reward announcement will be released on [Gate.io News](https://t.me/GateioOfficialNews "Gate.io News").
6.A user with Sub-Accounts and a Master Account, and multiple accounts with the same KYC information will be deemed as the same one participant, while the trading volume of Sub-accounts won’t be counted as that of Master Account.
7.Any cheating behavior is prohibited. An occurrence of any dishonesty will result in the disqualification of the prizes.
8.Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
9.Market makers, corporation and institution accounts are not eligible to participate in this event.
10.Gate.io reserves all rights to the final explanation.
11.This event is not affiliated with Apple Inc.

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Gate.io Crypto Predictor: Guess LTC Price & Share $25,000 LTC Prizes

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