Press Releases

Binance Futures Launches CGPT/USDT Perpetual Contracts

December 21, 2024

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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.

Dubai, United Arab Emirates, December 20th, 2024, Chainwire

In a major transfer, Binance Futures, the main cryptocurrency derivatives change platform, in the present day announced the launch of its CGPT/USDT Perpetual Contract.

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 affords our group one other dynamic method to have interaction with CGPT whereas showcasing its function 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 charge with four-hour settlements ensures a steady and predictable buying and selling atmosphere for all individuals.

Buying and selling of CGPT/USDT Perpetual Contracts will probably be accessible by means of Binance Futures’ superior buying and selling interface, which gives strong threat administration instruments and real-time market knowledge 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 charge: ±2.00% with four-hour settlement intervals
Multi-Belongings Mode help: Allows buying and selling utilizing varied margin property, together with BTC

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

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 expertise and AI, creating progressive options for the Web3 ecosystem. Leveraging superior AI methods, ChainGPT enhances blockchain performance with its instruments and functions, together with SDKs and APIs for automated good contract era, a Web3 AI chatbot, an NFT generator, and an IDO launchpad. With established partnerships and collaborations with business leaders comparable 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/