What are perpetual contract bonus of Gate.io?

Gate.io perpetual contract bonus can be used as margin and deduct losses, trade fees and funding fee. Gate.io perpetual contract bonus are designed to facilitate new and old users to enjoy the function of contract products without risk in real contract trading.

Perpetual Contract Bonus related FAQ

About dYdX(DYDX)
dydx is a governance token that allows the dYdX Protocol's community to truly own & govern the dYdX Layer 2 protocol. By enabling shared control, dydx aligns incentives between traders, liquidity providers, and partners of the Layer 2 protocol.

Participation Form：https://www.gate.io/en/questionnaire/835

During the event, users can also win bonus if her/his DYDX/USDT cumulative trading volume ≥$5,000 USDT. Top 100 users will share perpetual contract bonus worth $5,000 US dollars. The details are as follows:

First place: Perpetual contract bonus worth $500 USDT

Second place: Perpetual contract bonus worth $300 USDT

Third place: Perpetual contract bonus worth $200 USDT

Place 4th - 100: Share a $4,000 USDT prize pool in proportion to their transaction volume.

Notice

1. Users can choose the following perpetual transaction pairs to participate in the competition : DYDX/USDT (USDT Settlement）

2. Rewards will be distributed to the winning user accounts within 14 working days after the end of the campaign, which can be viewed at “Contract Account”.

3. Only one entry per person will be permitted (KYC must have been completed). The Sub-Accounts and Master Account will be treated as the same account when participating in the competition.

4. Users' cumulative trading volume is calculated as (buy volume + sell volume；including unrealized PNL) (not counting users buying and selling. Please do not swipe trading volume).

5. In order to safeguard every user’s rights and guarantee fairness, the platform will manually cancel entries for malicious acts conducted during the period. This includes malicious transaction manipulations, illegal bulk registration of accounts, self-dealing, etc.

6. Perpetual contract bonus can be used directly as a trade principal, serving as a contract trade margin and to deduct account losses, trade fees and funding fees.

Risk Warning: Please be sure to note that the virtual currency market is volatile and losses may occur in different situations. You are strongly recommended to understand all the related information and be vigilant in regards to your investment actions.

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