Binance Futures Launches CGPT/USDT Perpetual Contract

admin7 hours ago

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

In a significant move, Binance Futures, a leading cryptocurrency derivatives trading platform, today announced the launch of the CGPT/USDT perpetual contract. This latest addition expands the platform’s trading offerings while highlighting the growing importance of AI-driven cryptocurrencies in the digital asset ecosystem.

The new perpetual contract introduces advanced trading features for ChainGPT tokens (CGPT), giving traders up to 75x leverage using USDT as the settlement asset. This addition to the Binance Futures trading suite demonstrates the platform’s commitment to providing a variety of trading opportunities while meeting the evolving needs of cryptocurrency traders.

Commenting on this, Ilan Rakhmanov, Founder of ChainGPT and CEO of ChainGPT Software “The listing of CGPT on Binance Futures demonstrates the utility and importance of the token in the Web3 space. “This gives our community another dynamic way to engage with CGPT while demonstrating our role in the expanding ChainGPT ecosystem.”

The perpetual contract format allows traders to hold positions indefinitely without an expiration date, providing flexibility for short-term and long-term trading strategies. Implementing a ±2.00% capped funding rate with 4-hour settlements ensures a stable and predictable trading environment for all participants.

Trading the CGPT/USDT perpetual contract is possible through Binance Futures’ advanced trading interface that provides powerful risk management tools and real-time market data to support informed trading decisions.

Key features of CGPT/USDT perpetual contract:

Maximum leverage: 75x
Payment Asset: USDT
Trading availability: 24/7
Maximum funding rate: ±2.00% in 4-hour payment intervals
Multi-asset mode support: trading using various margin assets including BTC

For more information about the CGPT/USDT perpetual contract and how to start trading, please visit the Binance Futures Trading official website or contact support.

Introduction to ChainGPT

Founded in 2023, ChainGPT is a leading provider of AI-based tools for the blockchain and Web3 industries. It emerged as a project to bridge the gap between blockchain technology and AI and create innovative solutions for the Web3 ecosystem. Leveraging advanced AI technologies, ChainGPT enhances blockchain capabilities through tools and applications, including SDKs and APIs for automated smart contract creation, Web3 AI chatbots, NFT generators, and IDO launchpads. Through partnerships and collaborations with industry leaders such as Google, Nvidia, and BNB Chain, ChainGPT continues to pioneer efficient and user-friendly AI solutions in the blockchain space.

A relatively young but fast-growing project, ChainGPT’s mission is to revolutionize the intersection of blockchain and AI with the vision of unleashing the potential of autonomous AI agents on Web3.

Users can find more details at https://www.chaingpt.org/.

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To learn more about ChainGPT, visit the official ChainGPT.org website.

For all inquiries, please contact support@chaingpt.org.