Gate Adds Index-Priced Bitcoin and Ether Event Contracts

Gate added INDEX event-contract markets for Bitcoin (BTC) and Ether (ETH), giving its short-term trading product a contract-index settlement option for five- and 15-minute periods alongside its existing TWAP markets.

The new INDEX markets settle using Gate’s contract index price and operate independently from the TWAP markets. Gate also introduced one-click order entry with preset amounts of 5, 20 and 100 USDT, as well as a custom amount.

A promotion with rewards valued at 100,000 USDT runs from Oct. 22 at 4 a.m. ET through Nov. 4 at 7 p.m. ET (Nov. 5 at 00:00 UTC). Users must register before trading. The first 1,000 qualifying new users whose first trade includes a net purchase of at least 20 USDT can receive a 5.5 USDT voucher.

Other awards include a share of a 10,000 USDT pool for users who meet trading requirements and check in on at least three days; a 140 USDT reward for users reaching at least 10,000 USDT in daily trading volume for seven consecutive days; and shares of a 30,000 USDT pool for cumulative trading volume of at least 20,000 USDT. Users reaching 150,000 USDT in cumulative volume qualify for a guaranteed 1,000 USDT leaderboard reward, with an additional 4,000 USDT for the top-ranked trader.

All rewards are event-contract vouchers. The first-trade reward can be combined with another award. Among the check-in, daily-volume and trading-competition categories, only the highest eligible reward is paid.