Announcements Gate.io Crypto Predictor: Guess ETH Price & Share $10,000 Mega Rewards

Gate.io Crypto Predictor: Guess ETH Price & Share $10,000 Mega Rewards

2024-02-23 02:22:44 UTC 13657 Read

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Unleash your price predicting skills, $10,000 prizes await you! Come to predict the price of ETH, where you have 20 chances to predict each day! Join and stand to win mega rewards:

**Event Period: **02:00 AM, Feb 23 - 00:00 AM, Mar 4 (UTC)

**How to participate:**
Step 1: Visit the [activity page](https://www.gate.io/zh/activities/guess-price?ch=ETHprice_AN_20240223&utm_campaign=TR_gKetFtgf&utm_content=&utm_medium=CPM&utm_source=CH_79kTf7RP&utm_term= "activity page");
Step 2: Submit your prediction of ETH closing price, select the Activation Multiplier;
Step 3: Complete spot trading to activate the prediction;
Step 4: Stand to split the prize pool

**🎁Reward 1: Predict the Price Right to Split $9,000!**
If your prediction is right (the margin of error is < +/- 0.1) and has been activated, split the prize pool based on the proportion of the spot trading volume used to activate the prediction. Trade more, split more.
The reward calculation formula is as follows:
Reward 1= (Spot Trading Volume Used to Activate the Right Prediction / Total Spot Trading Volume of All Users Who Predict Right) * Prize Pool

**🎁Reward 2: Participate in the Prediction & Share $1,000**
Didn't predict it right? You can also win!
Submit and activate your prediction, but the prediction is wrong, and you can split $1,000 rewards based on the proportion of the spot trading volume used to activate the prediction. The reward calculation formula is as follows:
Reward 2 = (Spot Trading Volume Used to Activate the Wrong Prediction / Total Spot Trading Volume of All Users Who Didn't Predict Right)  * Prize Pool

**Rules
1) Submit price prediction:**
Users can predict the ETH closing price 20 times each day during the event. The submission of price predictions will end 4 hours before the closing time of each day (23:59 UTC). 
If the margin of error, between the predicted price and the actual closing price, is less than +/- 0.1, it will be considered as a correct prediction.
**2) Select the Activation Multiplier:**
The larger the Activation Multiplier is, the more rewards to split.
<img src="https://gimg2.gateimg.com/image/article/17085680212024-02-2210.06.32.png" alt="" width="550"  />
**3) Activate the Predicted Price**
You can activate the predicted price by completing the required spot trading volume based on the selected Activation Multiplier before the closing time, 23:59 (UTC) each day.
You can edit or delete the unactivated prices before daily prediction ends (4 hours before the closing time). 
If submitting multiple prices, users can select any to activate; if users haven't selected, the predicted prices will be automatically activated in chronological order of submission time.

**Notice:**
1.Spot trading volume = buy volume + sell volume; the spot trading volume from 00:00 to 23:59 (UTC) can only activate the predicted price within that day.
2.The ETH closing price is based on the daily closing price of ETH/USDT spot trading market on Gate.io.
3.After the event ends, the prize pool will be unlocked based on the total number of valid predictions (the predicted 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, it will be unlocked based on the proportion of actual valid predictions on a daily basis. The daily prize pool is $1,000 ($900 for the right predictions). The rewards for the right predictions will be calculated each day and distributed within 3 working days. 
4.Users need to complete KYC2 verification to receive rewards. The rewards will be distributed in random tokens within 14 working days. The reward announcement will be released on [Gate.io News](https://t.me/GateioOfficialNews "Gate.io News").
5.Users can only receive rewards from one event if participating in other events at the same time.
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.Market makers, corporation and institution accounts are not eligible to participate in this event.
8.Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
9.Any cheating behavior is prohibited. An occurrence of any dishonesty will result in the disqualification of the prizes.
10.Gate.io reserves all rights to the final explanation.
11.This event is not affiliated with Apple Inc. Users in the United Kingdom and other Restricted Locations cannot access the Services (including participation in this event, game or competition). See the [User Agreement](https://www.gate.io/user-agreement "User Agreement") for further details on Restricted Locations.

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Gate.io Crypto Predictor: Guess ETH Price & Share $10,000 Mega Rewards

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