
Binance Futures has made a significant announcement by launching its newest perpetual contract, the CGPT/USDT. This latest addition to their suite of products is designed to provide users with more flexibility and options for trading in the cryptocurrency market.
The new perpetual contract allows traders to hold positions indefinitely without expiration dates, offering them the ability to implement short-term or long-term trading strategies as they see fit. The platform has implemented a 2% cap on funding rates and settlements every four hours, ensuring a stable and predictable environment for all participants.
Binance Futures’ advanced trading interface is also designed to provide users with robust risk management tools and real-time market data, giving them the information they need to make informed decisions about their trades.
Source: cryptopotato.com