Binance Futures Announces Launch of CGPT/USDT Perpetual Contracts

In a bold development, Binance Futures, the premier platform for cryptocurrency derivatives, has unveiled its CGPT/USDT Perpetual Contract today. This new feature enhances the platforms trading capabilities, underscoring the rising significance of AI-centric cryptocurrencies within the digital asset landscape.

The latest perpetual contract brings cutting-edge trading features for ChainGPT token (CGPT), enabling traders to utilize leverage of up to 75x, with USDT serving as the settlement asset. This latest enhancement to Binance Futures‘ offerings showcases the platform’s dedication to delivering a wide array of trading options, all while adapting to the dynamic needs of the crypto trading community.

Commenting on this, Ilan Rakhmanov, Founder of ChainGPT and CEO of ChainGPT Software, said,

The perpetual contract structure empowers traders to maintain their positions without expiration, offering unparalleled flexibility for short-term and long-term trading strategies. Introducing a ±2.00% capped funding rate with four-hour settlements creates a reliable and consistent trading landscape for every participant involved.

The CGPT/USDT Perpetual Contracts are set to launch on Binance Futures, offering traders access to a sophisticated trading interface. This platform is equipped with powerful risk management features and real-time market insights, empowering users to make well-informed trading choices.

Key Features of the CGPT/USDT Perpetual Contract:

• Maximum leverage: 75x
• Settlement asset: USDT
• Trading availability: 24/7
• Capped funding rate: ±2.00% with four-hour settlement intervals
• Multi-Assets Mode support: Enables trading using various margin assets, including BTC