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Binance Futures Launches CGPT/USDT Perpetual Contracts
In a significant move, Binance Futures has announced the launch of its CGPT/USDT perpetual contract. This latest addition expands the platform’s trading offerings while highlighting the growing prominence of AI-focused cryptocurrencies in the digital asset ecosystem.
The new perpetual contract introduces advanced trading capabilities for CGPT, allowing users to engage in perpetual trading without any expiration date. This innovative feature enables traders to benefit from market fluctuations and capitalize on price movements at their discretion.
According to a press release by Binance Futures, the CGPT/USDT perpetual contract will be available with a base fee of 0.02% per side, a funding rate of -2%/+3% per hour, and a maximum leverage of up to 100x. This offering is expected to further increase liquidity and trading opportunities for users.
“We are excited to bring this new trading option to the market,” said a spokesperson from Binance Futures. “The increasing popularity of AI-focused cryptocurrencies like CGPT demonstrates the growing demand for innovative trading solutions that cater to this specific segment.”
As part of its commitment to providing best-in-class services, Binance Futures has also announced plans to expand its trading platform’s capabilities, including enhanced risk management tools and improved market data visualization.
With the launch of the CGPT/USDT perpetual contract, users can now benefit from the stability and reliability that Binance Futures is known for, combined with access to innovative trading instruments. This new development aims to provide a competitive edge in the rapidly evolving cryptocurrency space.
To learn more about this offering or to start trading, please visit https://www.binance.com/en/futures.
Source: cryptonewsland.com
