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Binance Futures Announces Launch of CGPT/USDT Perpetual Contracts
In a groundbreaking move, Binance Futures has officially announced the launch of its highly-anticipated CGPT/USDT Perpetual Contract. This innovative feature is set to revolutionize the cryptocurrency derivatives market by offering unparalleled trading capabilities and flexibility.
The newly introduced perpetual contract allows for trading with up to 75x leverage, utilizing USDT as the settlement asset. This development marks a significant milestone in Binance Futures’ commitment to providing its users with an extensive range of trading options that cater to their unique needs and preferences.
According to Ilan Rakhmanov, Founder of ChainGPT and CEO of ChainGPT Software, this listing on Binance Futures serves as a testament to the token’s utility and importance in the Web3 space. He further emphasized its role in the expanding ChainGPT ecosystem.
Notably, the CGPT/USDT Perpetual Contract offers an unparalleled trading experience due to its perpetual nature. This means that traders can maintain their positions without expiration, providing an environment conducive for both short-term and long-term trading strategies. Furthermore, the addition of a ±2.00% capped funding rate with four-hour settlement intervals ensures a reliable and consistent trading landscape.
The newly launched contract is designed to be supported by a sophisticated trading interface, equipped with powerful risk management features and real-time market insights. This provides traders with the necessary tools to make well-informed decisions throughout their trading journey.
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
To learn more about the CGPT/USDT Perpetual Contract and kickstart your trading adventure, please visit the official Binance Futures website or reach out to their dedicated support team for guidance.
The newly launched contract marks a significant step forward in the cryptocurrency derivatives market, offering traders unparalleled flexibility and an unmatched experience.
Source: zycrypto.com
