PANews reported on May 29th that Gate Alpha will officially launch its 40th Hot Coin Trading Competition on May 30th at 10:00 AM (UTC+8). Users trading designated hot coins such as $PAYNE can participate in sharing a total airdrop reward of $50,000. This event features a double reward mechanism with a 100% winning rate. Users who did not register via invitation code will receive one chance to win a regular blind box for every 200 USDT traded, with a total prize pool of approximately $20,000 and a guaranteed minimum of 0.18 GT and a maximum of 7.46 GT per draw. Users who registered via invitation code will receive one chance to win a premium blind box for every 500 USDT traded, with a total prize pool of approximately $30,000 and a guaranteed minimum of 0.37 GT and a maximum of 14.93 GT per draw. Each user is limited to 15 draws per day and a total of 60 draws throughout the event. All rewards will be distributed in real-time, while supplies last.

Gate Alpha now supports popular public chains such as SOL, ETH, Gate Layer, BSC, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain. It also enables seamless trading of tokens across the entire chain through the contract address search function, opening up cross-chain transaction links and allowing users to access all on-chain tokens with a single click.