Dubai, United Arab Emirates, December 20, 2024, Chainwire
In an important move, Binance Futures, the leading cryptocurrency derivatives exchange platform, today announced the launch of its permanent CGPT/USDT contract. This latest addition expands the platform's trading offerings while highlighting the prominence of AI-focused cryptocurrencies in the digital asset ecosystem.
The new perpetual contract introduces advanced trading capabilities for the ChainGPT (CGPT) token, offering traders leverage of up to 75x with USDT as a settlement asset. This addition to Binance Futures' suite of products reflects the platform's commitment to providing diverse trading opportunities while meeting evolving demands cryptocurrency traders.
Speaking of which, Ilan Rakhmanov, Founder of ChainGPT and CEO of ChainGPT Software he said, “The CGPT listing on Binance Futures is a testament to the utility and importance of the token in the Web3 space. It offers our community another dynamic way to engage with CGPT while showcasing its role in the expanding ChainGPT ecosystem.”
The perpetual contract format allows traders to hold positions indefinitely with no expiration dates, providing flexibility for both short- and long-term trading strategies. Implementing a capped funding rate of ± 2.00% with four-hour settlements will ensure a stable and predictable trading environment for all participants.
Trading of CGPT/USDT permanent contracts will be available through Binance Futures' advanced trading interface, which provides robust risk management tools and real-time market data to support informed trading decisions.
Key features of the CGPT/USDT permanent contract:
- Maximum leverage through: 75x
- Settlement Asset: USDT
- Trading available: 24/7
- Limited funding rate: ±2.00% with four hour settlement times
- Multi-Currency Mode Support: Enables trading using various margin funds, including BTC
For more information about the CGPT / USDT Perpetual Contract and how to start trading, visit the official Binance Futures website or contact the support team.
About ChainGPT
Founded in 2023, ChainGPT is a leading provider of AI-powered tools for the blockchain and Web3 industries. It emerged as a project to bridge the gap between blockchain technology and AI, creating innovative solutions for the Web3 ecosystem. Using advanced AI techniques, ChainGPT enhances blockchain functionality with its tools and applications, including SDKs and APIs for automated smart contract generation, Web3 AI chatbot, NFT generator , and IDO surgery. With established partnerships and collaborations with industry leaders such as Google, Nvidia, and BNB Chain, ChainGPT continues to advance effective and user-friendly AI solutions in the blockchain space.
As a relatively young but rapidly growing project, ChaingPT's mission is to transform the intersection of blockchain and AI, with a vision to unlock the potential of autonomous AI agents in Web3.
Users can learn more at: https://www.chaingpt.org/
General Facilities:
Website | Crypto AI Hub | ChainGPT Labs | Pad ChainGPT | CryptoGuard | Documents | CGPT DAO | AI NFT Generator | Swallowing | Blog
Community and Social Media:
Twitter | Twitter pad | Telegram | TelegramBot | Discord | Instagram | LinkedIn | YouTube | TikTok
To learn more about ChainGPT, users can visit the official ChainGPT.org website
For all queries, users can contact (email protected)
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Source: https://coindoo.com/binance-futures-launches-cgpt-usdt-perpetual-contracts/