Binance Futures Launches New Perpetual Contract for AI-Focused Token
In a noteworthy development, Binance Futures, a prominent platform in cryptocurrency derivatives trading, has introduced a new perpetual contract for the ChainGPT token (CGPT) against USDT. This move is indicative of the increasing importance of AI-driven digital assets in the evolving landscape of cryptocurrencies. The introduction of this contract not only expands Binance Futures’ trading options but also signifies the rising influence of AI-oriented cryptocurrencies.
New Trading Opportunities 🌟
The launch of the CGPT/USDT perpetual contract introduces innovative trading features for investors. With the potential for leverage up to 75 times, traders can utilize USDT as a settlement currency, enhancing their trading possibilities. This strategic addition reflects Binance Futures’ ongoing efforts to diversify its product offerings to address the evolving preferences of its trading community.
Expert Insights 🎤
According to Ilan Rakhmanov, the Founder and CEO of ChainGPT Software, “The addition of CGPT on Binance Futures highlights its significance and utility within the Web3 ecosystem. This offering provides our supporters with an effective means of engaging with CGPT while emphasizing its growing role in the ChainGPT ecosystem.”
Flexible Trading Options 🔄
The perpetual contract format enables traders to maintain positions without any expiration, catering to both short and long-term trading strategies. A funding rate capped at ±2.00% with four-hour settlements creates a stable trading atmosphere, benefiting all participants involved in this new offering.
Comprehensive Trading Features 🔍
When trading the CGPT/USDT perpetual contracts on Binance Futures, users can take advantage of an advanced trading interface that includes a range of essential features:
- Maximum leverage: 75x
- Settlement asset: USDT
- Available trading hours: 24/7
- Capped funding rate: ±2.00% with intervals every four hours
- Multi-Assets Mode: Allows trading using various margin assets such as BTC
About ChainGPT 🚀
Founded in 2023, ChainGPT stands as a leading provider of AI-enhanced tools specifically designed for blockchain and Web3 sectors. The initiative aims to bridge the gap between artificial intelligence and blockchain technology, delivering innovative solutions to the Web3 landscape. By harnessing advanced AI techniques, ChainGPT elevates blockchain functionalities through an array of tools, including SDKs, APIs for automated smart contract generation, an AI-driven chatbot, an NFT generator, and an IDO launchpad. The organization has formed partnerships with industry leaders such as Google, Nvidia, and BNB Chain, underscoring its commitment to advancing user-friendly AI applications within the blockchain environment.
Continued Growth and Innovations 🌱
As a relatively new but swiftly expanding initiative, ChainGPT aims to redefine the intersection of blockchain technology and AI. The organization’s vision is focused on unlocking the potential of autonomous AI agents within Web3, reflecting its long-term objectives.
Hot Take 🔥
The introduction of the CGPT/USDT perpetual contract on Binance Futures serves as a clear indication of the growing intersection between AI and cryptocurrency markets. As innovation continues to shape the future of digital assets, traders and investors alike should stay informed about developments that promote the integration of advanced technologies in the cryptocurrency sector. The landscape is evolving rapidly, presenting opportunities that may redefine how blockchain technologies and AI function together.
For further details on trading with CGPT and to explore the range of services offered by ChainGPT, consider visiting the official platforms associated with these innovations.
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