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Binance Futures Launches CGPT/USDT Perpetual Contracts
In a major development, Binance Futures has announced the launch of its CGPT/USDT Perpetual Contract. This move underscores the platform’s commitment to providing diverse trading opportunities that cater to the evolving demands of cryptocurrency traders.
The new perpetual contract offers advanced trading capabilities for ChainGPT token (CGPT), allowing users to leverage up to 75x with USDT as the settlement asset. The introduction of this innovative product further solidifies Binance Futures’ position as a leading derivatives exchange platform, catering to the dynamic needs of traders in the cryptocurrency space.
With the perpetual contract format, traders can hold positions indefinitely without the constraint of expiration dates, enabling short-term and long-term trading strategies. Additionally, the implementation of a ±2.00% capped funding rate with four-hour settlement intervals ensures a stable and predictable trading environment for all participants.
The CGPT/USDT Perpetual Contract is accessible via Binance Futures’ advanced trading interface, which provides robust risk management tools and real-time market data to facilitate informed trading decisions.
Source: cryptopotato.com
