Gate has launched Phase II of its Red Bull Racing Tour campaign.
The initiative, which began on July 9, offers users a chance to join zero-barrier crypto trading challenges with leaderboard rewards, daily incentives, and a total prize pool of up to 20,000 GT. Top traders will also have a chance to win exclusive Formula 1 Grandstand tickets.
Two-Part Campaign With Leaderboards
This latest campaign is timed with the 2025 Formula 1 season, continuing Gate’s partnership with the Oracle Red Bull Racing Team. It is structured in two stages: registration runs from July 9 to August 10, while the trading competition itself takes place from July 12 to August 10. Participants can join using either spot or futures trading.
To make the experience more engaging, Gate uses three different leaderboards. The main one, called the “Top Driver Trade Leaderboard,” awards 70% of the total prize pool based on total trading volume. The top 50 traders share the bulk of the rewards, and the first-place winner will receive a full Formula 1 race ticket package.
Another 20% of the prize pool is dedicated to those with the best returns in futures trading, while the remaining 10% goes to participants who complete campaign tasks to earn mileage points. These tasks include trading goals and challenges that boost leaderboard placement.
Extra Rewards for New and Active Users
Gate is also targeting new users with daily giveaways. First-time registrants can claim a 10 USDT Futures Voucher, available on a first-come, first-served basis.
Additional vouchers are awarded for completing daily sharing tasks on social media, adding a social engagement layer to the campaign.
Phase I Results Show Strong Interest
The first phase of the Red Bull Racing Tour saw strong engagement, with around 41,000 users joining and over $13.3 billion in trading volume recorded. The campaign’s mix of real-world racing rewards and gamified crypto trading attracted a wide range of users. Feedback from top traders suggested the challenge went beyond profit, rewarding strategic thinking and timing.
Gate serves over 30 million users and continues to strengthen its presence in both regulatory environments and user engagement initiatives. Through its Red Bull Racing collaboration and other efforts, the exchange is pushing to make Web3 more accessible and appealing, blending entertainment with digital finance.
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