Event Highlights and Prize Pool

Image: https://www.gate.com/campaigns/1735

To build momentum ahead of the official USD1 Points Program launch, Gate is rolling out a pre-launch lottery event, giving users an exclusive opportunity to participate early. The total prize pool stands at $30,000, with rewards distributed in both USD1 tokens and IKA tokens. Participants may win up to 1,000 USD1 each.

The event runs from August 8, 2025, 19:00 to August 16, 23:59 (UTC+8). Participation is limited and available on a first-come, first-served basis.

How to Register and Participate

• Log in to your Gate account and complete KYC (Know Your Customer) verification.
• On the event page, click the “Participate Now” button to sign up.
• Complete the event tasks to become eligible for the lottery.
• All rewards will be credited to your account after the event ends.

Important: Every user who successfully registers and completes the tasks is guaranteed a prize.

Complete Five Tasks to Qualify for the Lottery

• USD1 Deposit Task: Make a net deposit of at least $100 USD1 during the event and hold for 24 hours to earn one lottery entry.
• USD1 Trading Task 1: Trade USD1 spot pairs totaling $1,000 to earn one lottery entry.
• USD1 Trading Task 2: Trade USD1 spot pairs totaling $10,000 to earn one additional lottery entry.
• Referral Task: Successfully invite one new user who registers, completes KYC, and deposits at least $100 USD1 to earn an extra lottery entry.
• Contract Trading Volume Task: Complete any contract trading volume of $10,000 or more to earn one lottery entry.

You can combine tasks to earn multiple entries and significantly increase your chances of winning.

Event Rules and Restrictions

• You must register and complete KYC before participating.
• Contract trading volume is calculated as: buy volume + sell volume.
• Rewards will be automatically credited to your account after completing each task.
• Fraudulent trading behaviors—including volume inflation, self-dealing, or wash trading—are strictly prohibited.
• Participants who take part in multiple similar promotions may only claim one reward.
• Market maker accounts, institutional accounts, and agency accounts are not eligible.
• Due to regulatory restrictions, users from certain regions may not participate; please refer to the User Agreement for details.

Risk Disclosure and Compliance Information

Trading digital assets involves significant risk and is highly subject to market volatility and regulatory changes. Participants should carefully assess their risk tolerance before investing and only participate within their financial capacity.

USD1 is a USD-pegged stablecoin issued and managed by the regulated BitGo Trust Company, supporting multi-chain support. Stay informed about market developments and regulatory updates that may impact stablecoins.