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Data Center News > Blog > Investments > Binance Futures Launches CGPT/USDT Perpetual Contracts
Investments

Binance Futures Launches CGPT/USDT Perpetual Contracts

Last updated: December 20, 2024 11:33 pm
Published December 20, 2024
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Binance Futures Launches CGPT/USDT Perpetual Contracts
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Dubai, United Arab Emirates, December twentieth, 2024, Chainwire

In a big transfer, Binance Futures, the main cryptocurrency derivatives change platform, at this time announced the launch of its CGPT/USDT Perpetual Contract. This newest addition expands the platform’s buying and selling choices whereas highlighting the rising prominence of AI-focused cryptocurrencies within the digital asset ecosystem.

The brand new perpetual contract introduces superior buying and selling capabilities for ChainGPT token (CGPT), providing merchants leverage of as much as 75x with USDT because the settlement asset. This addition to Binance Futures’ suite of merchandise demonstrates the platform’s dedication to offering various buying and selling alternatives whereas assembly the evolving calls for of cryptocurrency merchants.

Commenting on this, Ilan Rakhmanov, Founding father of ChainGPT and CEO of ChainGPT Software program mentioned, “The itemizing of CGPT on Binance Futures is a testomony to the token’s utility and significance within the Web3 house. It gives our neighborhood one other dynamic strategy to interact with CGPT whereas showcasing its position within the increasing ChainGPT ecosystem.”

The perpetual contract format permits merchants to carry positions indefinitely with out expiration dates, offering flexibility for short-term and long-term buying and selling methods. Implementing a ±2.00% capped funding price with four-hour settlements ensures a secure and predictable buying and selling atmosphere for all contributors.

Buying and selling of CGPT/USDT Perpetual Contracts shall be accessible via Binance Futures’ superior buying and selling interface, which offers sturdy threat administration instruments and real-time market information to help knowledgeable buying and selling choices.

Key Options of the CGPT/USDT Perpetual Contract:

  • Most leverage: 75x
  • Settlement asset: USDT
  • Buying and selling availability: 24/7
  • Capped funding price: ±2.00% with four-hour settlement intervals
  • Multi-Property Mode help: Allows buying and selling utilizing numerous margin property, together with BTC
See also  CtrlS to invest Rs 4,000 crore in Chennai data center park, across phases | Company News

For extra details about the CGPT/USDT Perpetual Contract and the right way to begin buying and selling, please go to Binance Futures’ official web site or contact the help crew.

About ChainGPT 

Incepted in 2023, ChainGPT is a number one supplier of AI-powered instruments for the blockchain and Web3 industries. It emerged as a mission to bridge the hole between blockchain know-how and AI, creating progressive options for the Web3 ecosystem. Leveraging superior AI strategies, ChainGPT enhances blockchain performance with its instruments and purposes, together with SDKs and APIs for automated sensible contract technology, a Web3 AI chatbot, an NFT generator, and an IDO launchpad. With established partnerships and collaborations with business leaders equivalent to Google, Nvidia, and BNB Chain, ChainGPT continues to pioneer environment friendly and user-friendly AI options within the blockchain house.

As a comparatively younger however quickly rising mission, ChainGPT’s mission is to revolutionize the intersection of blockchain and AI, with a imaginative and prescient to unlock the potential of autonomous AI brokers in Web3.

Customers can study extra at: https://www.chaingpt.org/

Basic Sources:

Website | Crypto AI Hub | ChainGPT Labs | ChainGPT Pad | CryptoGuard | Documentation | CGPT DAO | AI NFT Generator | Staking | Blog

Neighborhood and Social Media:

Twitter | Pad Twitter | Telegram | TelegramBot| Discord | Instagram | LinkedIn | YouTube | TikTok 

To study extra about ChainGPT, customers go to the official ChainGPT.org website

For all inquiries, customers can contact [email protected] 

Contacts

PR Lead
Richa
ChainGPT
[email protected]
Sharon
ChainGPT
[email protected]



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TAGGED: Binance, CGPTUSDT, Contracts, Futures, launches, Perpetual
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