The opening ceremony of the Gate.io & TokenInsight Global First Digital Asset Market Maker Competition came to a successful conclusion

On July 31, the opening ceremony of the world's first digital asset market maker competition and the third global digital asset quantitative competition co-organized by Gate.io and TokenInsight came to a successful conclusion. Many quantitative teams and investment institutions came to participate in this event, and it also received strong support from many media partners.

The guests at the opening ceremony of this competition are all old friends of TokenInsight and Gate.io, who have witnessed the growth and development of TokenInsight’s first two competitions. The competition period will last for two months from July 31 to September 30.

Based on the enrichment and improvement of the participation methods and competition categories of the first market maker competition, this competition aims to "discover more outstanding market makers and quantitative teams". Through research and rating of market makers and quantitative markets, it will enhance the transparency of the digital asset quantitative market and strive to create a display platform for high-level managers.

At the beginning of the event, Tina, Vice President of Gate.io Asia Pacific, attended the opening ceremony and delivered a speech: "Gate.io was founded in 2013 and is one of the top 10 exchanges in the world in terms of digital asset trading volume. It has been legally registered in many countries around the world and operates multiple departments including global business, technology, wallet.io, blockchain research institute, customer service center, etc. Gate.io has been committed to providing safe, reliable, authentic and transparent digital asset trading services to more than 3 million users in 130 countries around the world."

Tina also said: “Gate.io has a very complete market maker policy. In March, a new market maker fee policy was launched. Currently, it supports three preferential mechanisms: VIP level, GT deduction, and point card; two deduction methods: VIP+GT, VIP+point card; three VIP upgrade plans: GT holding upgrade, GT holding + transaction volume upgrade, and upgrade according to the user’s capital holdings.

"Gate.io's contract products currently include perpetual contracts and delivery contracts. Perpetual contracts support BTC and USDT trading methods, while delivery contracts support USDT trading methods. In addition, Gate.io Exchange provides users with a full range of API services, which are safe, stable and have no downtime records. Due to its strong technology, there has never been any downtime or functional failure when the platform's user trading volume has increased several times, which can keep the platform running stably."

Gate.io Exchange is also extremely safe. It has always adhered to the original intention of "providing a safe trading venue for people who love Bitcoin" and has won many credible global rankings, such as: 10th place in BTI transaction volume in 2018, first place in transaction volume security list, etc. In addition, in June, it also launched the digital asset tracking platform - Block.info, always paying attention to the security of digital assets.

Gate.io also pioneered a built-in social ecosystem for the exchange, creating a rich social ecosystem including chat rooms, live broadcast rooms, dynamics, news, etc. Currently, many big names and KOLs have joined.

Matt, CEO of TokenInsight, said: "TokenInsight is a data and technology-driven blockchain financial institution that provides market intelligence (ratings, industry research, data) and financial products and services to the world's top digital asset clients and traditional clients. Through its unique industry classification and professional rating and research system, TokenInsight is constantly helping investors discover the value of blockchain and avoid risks."

So far, TokenInsight has served more than 200 companies around the world. With the increasingly clear trend of blockchain technology and regulation, the industry will have huge room for value-added, so let us look forward to it.

Blofin co-founder and COO Jack said: Bitcoin is the most liquid asset recognized globally. It can be quickly converted into legal currency in most places around the world at any time and has very strong asset allocation value.

Jack also pointed out that compliance and transparency are industry trends, which will attract more off-site funds to enter the market. At the same time, the development of derivatives has made trading strategies more diverse, which is conducive to the balanced development of the market. As a digital asset financial service institution, Blofin provides stable asset management services for high-net-worth customers, custody and clearing services for asset management teams, and continues to promote compliance and transparency in the blockchain financial market.

Roundtable discussion of investment institutions at the world's first digital asset market maker competition: We need to enrich the strategy library and fundamentals, and focus on cross-border arbitrage in several strategies

Chain Capital CEO Li Xiangmin said that he prefers to enter at a low point and exit reasonably when the heat is not relatively sufficient. The development of DeFi still needs to be supported by the international market; DFund Managing Partner Yang Linyuan said that he has begun to focus on the track of transaction upgrades, and those who persist will see more and more opportunities; JC Capital Managing Partner Liu Qi said that we must seize the big cycle, and currently we are involved in derivatives exchanges, mining projects, DeFi and other tracks.

During the roundtable forum of the quantitative team of the world's first digital asset market maker competition, the guest said: Compared with ultra-low fees, asset security is more important, and trading volume can reflect security indicators

Bitlink Capital CBO Li Yang said that it is necessary to be as global as possible and adjust strategies in time to improve profit margins and competitiveness; Alfa1 co-founder Wang Peng said that it is necessary to enrich the strategy library to adjust strategy parameters, and different strategies can cope with various market conditions; Justin, founder of Asymmetric Technology, said that digital currency is not entirely a hedging market space, and prices will oscillate within a certain range, and breaking through this range will accelerate the rise or fall; Coin CMO Shi Daye said that it is important to value security and do a good job in security indicators. This wave was brought about by Ethereum, and the bull market must have a certain space.

Afterwards, Liu Fubing, deputy director of Guosheng Securities Research Institute and chief financial engineering analyst, gave a wonderful sharing.

He pointed out that the application of equity market in the stock market is divided into four parts: domestic quantitative situation, private equity quantitative development, public equity quantitative development and domestic quantitative progress. He also made wonderful analysis of each and shared some suggestions and understanding from the perspective of traditional quantitative market. He also pointed out that if quantification is to be done well, it is necessary to build a comprehensive quantitative platform.

At the opening ceremony, participants also witnessed the arrival of the "quantitative moment" - the "live perpetual contract simulation competition" was officially launched; users can enter the simulation on the Gate.io APP, select the USDT settlement contract to participate in the competition, and the winner can also win GT, beer coupons and other super rewards.

In addition, the competition period is: 12:00 noon on July 31, 2020 - 12:00 noon on September 30, 2020, for a period of 61 days. After the competition, the champions, runners-up and third place winners of each category of the market maker competition and asset management competition will be selected. The champions, runners-up and third place winners of each category will receive generous bonuses provided by Gate.io and enjoy top VIP and Colocation services at Gate.io, and will also receive priority cooperation rights for the organizer's asset management products. For more details of the competition, please click this link: https://www.gateio.la/article/17605

About Gate.io

Gate.io was founded in 2013 and is one of the world's top 10 digital asset trading platforms. As a security-focused exchange, Gate.io provides 100% margin audit proof and adheres to the business principles of no listing fees, no fraud, and no volume manipulation. It has been legally registered in many countries around the world and operates multiple departments including global business, technology, wallet.io, blockchain research institute, customer service center, etc., aiming to provide safe, reliable, authentic and transparent digital asset trading services to more than 3 million users in 130 countries around the world.

About TokenInsight:

TokenInsight is a data and technology-driven blockchain financial institution that provides market intelligence (ratings, industry research, data) and financial products and services to the world's top digital asset clients and traditional clients. Through its unique industry classification and professional rating and research system, TokenInsight is constantly helping investors discover the value of blockchain and avoid risks.

As one of the most influential digital asset rating and research institutions in the world, TokenInsight currently provides services to 200 professional clients in more than 20 countries on four continents around the world. TokenInsight has established the first comprehensive blockchain industry classification framework, covering more than 1,600 projects in the market, and has published more than 300 rating reports and hundreds of industry research reports in 7 languages. With its solid and profound industry knowledge, TokenInsight has built a rigorous industry research system covering 10 major industries such as digital asset exchanges, mining industry, decentralized finance (DeFi), wallets, etc.

TokenInsight’s data, ratings and research reports have been connected to more than 70 platforms around the world, including CoinMarketCap, CoinGecko, Messari, Delta, Feixiaohao, Binance Info and other platforms, with a quarterly PV of more than 30 million.