PANews reported on April 19 that according to official news, the WCTC S7 World Cryptocurrency Trading Competition was launched on the occasion of Gate.io's 12th anniversary brand upgrade. As of April 19, the number of participating users has exceeded 20,000, successfully unlocking a prize pool of 200,000 US dollars. At present, the total number of teams has reached 649, and the largest team has more than 1,500 members. 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 team champion can also win the Ford Mustang GT sports car super prize. The registration time is from 00:00 on April 15 to 00:00 on June 8 (UTC), and the competition time is from 00:00 on May 7 to 00:00 on June 8 (UTC).