PANews reported on May 7 that according to official news, the Gate.io WCTC S7 World Cryptocurrency Trading Competition has now started, with a maximum prize pool of 5 million US dollars. Among them, the team competition accounts for 80% of the total prize pool, and can share a maximum of 4,000,000 US dollars in rewards, and the team leader can enjoy a maximum of 120,000 US dollars; the individual competition accounts for 20% of the total prize pool, and can share a maximum of 1,000,000 US dollars in rewards. Currently, the number of applicants has exceeded 40,000, and a prize pool of 500,000 US dollars will be unlocked soon.

It is reported that this year's competition includes a series of activities such as team competition, individual competition, and red envelope rain. The dynamic prize pool is as high as 5 million US dollars. The top team in the team competition can also win the Ford Mustang GT sports car super prize. The registration time is from 08:00 on April 15 to 08:00 on June 8 (UTC+8), and the competition time is from 08:00 on May 7 to 08:00 on June 8 (UTC+8).