Announcements Gate Earn Ranking Challenge: Share $1M Prizes - Max. 16x for First-timers

Gate Earn Ranking Challenge: Share $1M Prizes - Max. 16x for First-timers

2025-05-20 10:04:31 UTC 130737 Read

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The Gate Simple Earn Investment Ranking Challenge is now live. Sign up now to subscribe to Simple Earn's USDT, BTC, ETH flexible and fixed products, and the top 400 users based on net investments will share in a million-dollar prize pool. First-time users of Simple Earn can enjoy a bonus multiplier of up to 16 times, with a chance to win up to $80,000 USDTEST.

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<div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="https://www.gate.com/activities/simple-earn-usdt-eth-btc?pid=Web&ch=THzI22A5&utm_campaign=TR_GwuoalFd&utm_content=&utm_medium=CPM&utm_source=CH_79kTf7RP&utm_term=" target="_blank" style="text-decoration: none;display: inline-block;"><div style="text-align:center;background: #2354E6; padding: 16px; border-radius: 8px; width: 200px; margin: 0 auto;"><strong><span style="color:#fff; text-decoration: none;">Register Now</span></strong></div></a></div>

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**Event Duration: May 20, 10:00 AM - June 3, 10:00 AM (UTC)**
**Event Details**
The top 400 users on the Net Investment Ranking will receive the following rewards:
<img src="https://gimg2.gateimg.com/image/article/1747716423en.webp" width="700"  />

**How are the Final Rewards Calculated?**
- Final Reward = Ranking Reward × Buff Multiplier
- The Buff multiplier can increase rewards by up to 16 times:
  1. First-time users of Simple Earn will see their final rewards multiplied by 4.
  2. Users with a net investment of 2,000 USDT equivalent in fixed-term products will have their final rewards doubled.
  3. Users who invest in more than 3 different types of USDT, BTC, ETH fixed-term products will also see their final rewards doubled.

**Example**: If you are a first-time user of Simple Earn and subscribe to USDT fixed-term products for 7 days, 14 days, and 30 days, accumulating a net investment of 2,000 USDT, your final reward calculation would be:
**Final Reward = Ranking Reward × 4 × 2 × 2 = Ranking Reward × 16**
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**Notes:**
1. Net Investment = Total Subscriptions - Total Redemptions
2. This event is only open to users who have completed identity verification. Users must register for the event and achieve a net investment of 200 USDT equivalent during the event to qualify for rewards.
3. The USDTEST rewards from this event are valid for 7 days and can be used to invest in the <a href="https://www.gate.com/hodl/182" rel="nofollow noopener noreferrer" target="_blank">USDTEST product</a> to earn up to 5% APR. Rewards will be credited to your account within 7 business days after the event ends and can be viewed in "Assets - Transaction History."
4. To protect the interests of all participants and maintain fairness, any cheating during the event will result in immediate disqualification.
5. Risk Warning: Please be aware that cryptocurrency trading is influenced by various factors, including market and regulatory changes. The market is highly volatile, and price fluctuations are difficult to predict. Exercise caution and trade wisely.
6. Users in the UK and other restricted regions cannot access this service (please refer to the <a href="https://www.gate.com/legal/user-agreement" rel="nofollow noopener noreferrer" target="_blank">User Agreement</a> for details on restricted areas).
7. Gate reserves the right to make the final interpretation of this event.

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Gate Team
May 20, 2025
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Gate Earn Ranking Challenge: Share $1M Prizes - Max. 16x for First-timers

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