[//]:content-type-MARKDOWN-DONOT-DELETE To celebrate the launch of spot martingale strategy on Gate.io trading bots, we are kicking off a "Spot Martingale Strategy Trading Competition" event. Cash rewards galore! Get cash rewards just for participating! Participants with the highest accumulated ROI can win up to an additional $200 in cash! ## What is Spot Martingale Strategy? Spot Martingale is a strategy applied to average the cost in capital management. Its fundamental concept involves increasing the next investment amount after experiencing losses, with the objective of recuperating losses and attaining profits in a single transaction when the market rebounds. The core concept of Spot Martingale is to buy in batches to average down the cost, and subsequently sell out all positions at once to make a profit when there is a market upturn. When facing market fluctuations, this strategy generally offers a more stable return and a relatively manageable risk. For more instructions on Martingale Strategy, please refer to [Guide to Spot Martingale Strategy](https://www.gate.io/help/quants/quantitative/32362/guide-to-spot-martingale-strategy "Guide to Spot Martingale Strategy") **Event Duration:** October 18, 2023, 16:00 (UTC) - November 18, 2023, 16:00 (UTC) ## Event Rules: **Event 1: Create a Spot Martingale Strategy and Get Cash Rewards Right Away!** Eligible users who create a spot martingale strategy during the campaign will receive 5 USDT cash! **Event 2: More profits, more rewards! Win up to $200 for Top performers!** The higher the ROI amount, the greater the rewards! Users whose total ROI amount in the Spot Martingale strategy exceeds 100 USDT throughout the competition period will only be eligible for cash rewards. The top performer with the highest total ROI can win up to 200 USDT! We will rank the user base on their total ROI amount and the top 100 users who meet the requirements can receive a fixed cash reward as follows.  ## Notice: 1.Users can only use one account. No sub-accounts allowed. 2.Rewards will be issued in the form of contract trial funds or cash, which will be issued to your Wallet - Classic Account - Copy Account. 3.During the event, users' strategy funds must be no less than $100 USDT (including USD Test). 4.Each Spot Martingale strategy must run for more than 7 days. If a user runs more than 1 strategy, the one with the longest runtime will be considered. 5.In event 1, the minimum trading volume of each user must reach 5,000 USDT. 6.In event 2, the minimum trading volume for each of the top 3 users must reach 150,000 USDT; the minimum trading volume for each of the users ranked 4th-20th must reach 39,000 USDT; the minimum trading volume for each of the users ranked 21st-100th must reach 14,000 USDT. 7.No cheating is allowed. Once discovered, all rewards will be canceled and handled in accordance with the rules of the platform. 8.Risk warning: Cryptocurrency trading is affected by many factors such as market fluctuations and policies. The market fluctuates greatly, and at times, it may be difficult to make accurate predictions. Please trade responsibly and make sure you understand all the implications of this activity. **Gate.io reserves the right to the final interpretation of this event.** ## About Trading Bots Trading Bots is a quantitative strategy trading tool with which users can freely create or copy automatic trading strategies. There are many excellent strategies with long-term stable profits on Strategy Bot, helping users achieve profits during market downturns. Click to enter Trading Bots: "[Trading Bots; Stable & Profitable in the Long Run](https://www.gate.io/strategybot "Trading Bots; Stable & Profitable in the Long Run")" More Instructions on Trading: https://www.gate.io/help/quants/essential_reading If you have any questions, please contact us through TG or add customer service: Trading Bots Chinese TG group: https://t.me/gateio_copytrading Trading Bots English TG group: https://t.me/gateio_copytrading_global Customer Service: https://t.me/Gate_CopyTrading Users in the UK and other Restricted Locations cannot participate in this competition/event (please see the User Agreement for further details on Restricted Locations). Gate.io is your gateway to crypto. Trade over 1,400 cryptos safely, quickly and easily on Gate.io. [Sign up](https://www.gate.io/signup "Sign up") to enter the crypto gateway and get 40% commission from [referrals](https://www.gate.io/referral "referrals"). [Download iOS/Android App](https://www.gate.io/mobileapp?ch=ann27314 "Download iOS/Android App") right now. Gate.io October 18, 2023