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Coin Price 24h %

Gate.io Startup 34% Discount ETH Sale Result Announcement

2019-06-06 16:05:09read:69033

The second Gate.io Startup Special Offer with 34% Discount ETH Sale has been successfully completed. Upcoming next are EOS and ATOM Sale with 50% discounts. To participate Startup Special Offers with Top Currencies, please go to: https://www.gate.io/startup.

In this sale, there were 2471 participants, and a total of 2,673.796752 ETH was purchased (the total worth is $660,000 USD, and was sold with 34% discount) . The received 639,499.64319979 GT are all stored in the GT Safety and Law Fund.
The purchase result is as follows:

ETH Startup Sale Amount: 2,673.796752
Original ETH market price: 246.84 USDT
Startup ETH price (20% off): 162.9144 USDT
Total value of orders (in USDT): 16,079,678.998375198
Total value of qualified orders (in USDT): 16,036,910.99837952
Number of orders: 2,471
Number of Qualified orders: 2,464
Percentage of qualified orders: 99.71671388102 %
Percentage of succeeded purchases: 99.734024541162 %
Number of participants: 2,471
Number of qualified participants: 2,464

Average qualified order value per user (in USDT): 6,508.4866064852 USDT
Average distribution value per user (in GT): 259.53719285706 GT
Average distributed GAMT per user: 1.0851447857143 ETH

F (distribution ratio with GT) = 0.027162338183457

Per the previous announcement, all qualified orders will obtain the token on sale equally. To guarantee transparency and fairness, all original records are stored for possible third-party auditing.

Attention: Most unqualified orders occurred due to insufficient balance in the user account. Please ensure there is sufficient balance (exceeding the purchasing value) for the order by UTC 8:00 A.M. The insufficient balance will result in the cancellation of the purchase order.

Startup Special Offers with Top Cryptocurrencies


The blockchain industry is ever-developing, while Gate.io has also been insisting on providing a secure and transparent exchange platform with no market manipulations. With our veteran experience in the blockchain technology and the recognition from millions of users, Gate.io has proudly ranked as one of the world’s top 10 cryptocurrency exchanges.

To thank our users, we're introducing Startup Special Offers with top cryptocurrencies. We will launch sales of some of the most popular traded currencies (e.g. ETH, ETH, EOS, etc) with discounts on a monthly basis. The purchase rules are as follows:

1) Time: The Startup Special Offer will take place 1-4 times every month.
2) Discount: Each Sale offers 20% to 50% discount.
3) Currencies for Sale: Mainstream cryptocurrencies such as ETH, ETH, EOS, etc.
4) Requirements: Users need to be a VIP and have GT holdings to participate.
5) Purchase Platform: Users can participate in the sales on the Gate.io Startup platform.
6) Purchase Time: Users can place orders within the given 2 hours during the sale, all the orders placed within these 2 hours will be treated equally.
7) Purchase Price: The Startup Sale price will be set 3 hours prior to the sale according to the market price and discount rate.
8) Purchase Limit: The individual purchase limit will be calculated based on the average holdings of GT 14 days prior to the sale (this includes owned GT assets, irrelevant of whether USDT was borrowed to purchase them or if it has been lended out; however, GT borrowed from Margin Trading directly is not considered an owned asset). Users with no GT holdings cannot participate in the sale. Participants will have a higher purchasing limit if they hold more GT.

The completed Startup Special Offers:
Gate.io Celebrates Bitcoin Pizza Day and launches 20% Discount BTC Sale on Startup
Gate.io Celebrates Dragon Boat Festival and launches 34% Discount ETH Sale on Startup

Upcoming Startup Special Offer:
Gate.io launches 50% Discount TRX Sale on Startup
Gate.io Offers Startup EOS Sale with 50% Discount
Gate.io Offers Startup ATOM Sale with 50% Discount

Please stay tuned for more upcoming special offers!

We sincerely appreciate your continuous support. Stay tuned for more innovative products from Gate.io!

Gate.io is a trading platform that does not charge listing fee, only launches quality projects, and provides users with a 100% guarantee and instant deposit-withdrawal services.
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Gate.io New Features:
Spot Trading on Gate.io (200+ tokens):https://www.gate.io/trade/BTC_USDT
Margin Trading on Gate.io (Long or Short):https://www.gate.io/margin_trade/BTC_USDT
Perpetual Contract Trading:https://www.gate.io/futures_trade/BTC_USD
Lending on Gate.io (secure and stable, high annual return):https://www.gate.io/margin/lend/USDT
C2C Trading on Gate.io:https://www.gate.io/c2c/usdt_cny
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Gate.io
June 6, 2019