Binance Futures Launches CGPT/USDT Perpetual Contracts – Blockchain News, Opinions, TV, and Jobs

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

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

The new perpetual contract introduces advanced trading capabilities for the ChainGPT token (CGPT), offering traders up to 75x leverage with USDT as the settlement asset. This addition to the Binance Futures product suite demonstrates the platform’s commitment to providing diverse trading opportunities while meeting the evolving requirements of cryptocurrency traders.

Commenting on this, Ilan Rakhmonov, founder of ChainGPT and CEO of ChainGPT Software “CGPT’s listing on Binance Futures is a testament to the token’s utility and importance in the Web3 space,” he said. “It provides our community with 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 without expiration dates, providing flexibility for both short-term and long-term trading strategies. Implementing a maximum funding rate of ±2.00% with four-hour settlements ensures a stable and predictable trading environment for all participants.

Trading of CGPT/USDT perpetual contracts will be available through Binance Futures’ advanced trading interface, which provides powerful risk management tools and real-time market data to support informed trading decisions.

Main features of CGPT/USDT perpetual contract:

• Maximum leverage: 75x
• Settlement assets: USDT
• Trading availability: 24/7
• Maximum financing rate: ±2.00% with four-hour settlement periods
• Multi-Asset Mode Support: Allows trading using different margin assets, including BTC

For more information about the CGPT/USDT perpetual contract and how to start trading, please 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 artificial intelligence, creating innovative solutions for the Web3 ecosystem. Leveraging advanced AI technologies, ChainGPT improves blockchain functionality through its tools and applications, including SDKs and APIs for automated smart contract creation, a Web3 AI chatbot, an NFT generator, and an IDO launchpad. Through well-established partnerships and collaborations with industry leaders such as Google, Nvidia, and BNB Chain, ChainGPT continues to pioneer effective, easy-to-use AI solutions in the blockchain space.

As a relatively small but rapidly growing project, ChainGPT’s mission is to revolutionize the intersection between blockchain and AI, with a vision to unleash the potential of autonomous AI agents in Web3.

Users can learn more at: https://www.chaingpt.org/

General Resources:

Website | Center for Crypto-Artificial Intelligence | ChainGPT Labs | ChainGPT board | CryptoGuard | Documentation | CGPT DAO | AI NFT Generator | Staking | Blog

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

For all inquiries, users can contact [email protected]

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