Gate's 'Red Bull Racing Tournament' Attracts 13,000 Participants with $2.2 Billion in Trading Volume

The tournament supports the Red Bull Racing team for the 2025 F1 season, offering a prize pool of 20,000 GT and chances to win F1 Grand Prix tickets.

USDT
GT

Summary

Since launching on July 12, Gate's 'Red Bull Racing Tournament' has attracted nearly 13,000 participants and achieved a total trading volume exceeding $5.1 billion. The event features a prize pool of 20,000 GT and offers participants opportunities to win F1 Grand Prix tickets valued at over $10,000. New users are incentivized with a 10 USDT contract experience voucher upon registration, and additional rewards are available for completing daily sharing tasks.

Terms & Concepts
  • GT: A cryptocurrency or token used within the Gate platform, often associated with rewards or tournament prizes.
  • USDT: A stablecoin pegged to the US dollar, widely used in trading and transactions within the cryptocurrency market.
  • F1 Grand Prix tickets: Tickets to Formula 1 racing events, which are highly sought after by motorsport fans.