Binance Futures has recently introduced the CGPT/USDT perpetual contract, expanding its trading portfolio and catering to the growing interest in AI-focused cryptocurrencies.
This contract allows traders to maintain positions indefinitely without expiration dates, providing flexibility for short-term and long-term trading strategies. With leverage of up to 75x and USDT as the settlement asset, Binance Futures aims to offer advanced trading capabilities. The capped funding rate of ±2.00% with four-hour settlement intervals ensures stability and predictability for users.
ChainGPT, the token underlying the perpetual contract, is positioned as an important player in the Web3 ecosystem, bridging the gap between blockchain technology and artificial intelligence. ChainGPT offers AI-powered tools for the blockchain and Web3 industries, with strategic partnerships with industry giants like Google, Nvidia, and BNB Chain.
The CGPT/USDT perpetual contract is accessible through Binance Futures' advanced trading interface, which provides robust risk management tools and real-time market data. Traders can utilize various margin assets, including Bitcoin, to diversify their trading strategies.
Binance Futures aims to meet the growing demand for sophisticated trading tools and features as the cryptocurrency market matures. The integration of AI-focused cryptocurrencies like ChainGPT is expected to shape the future of trading and investment strategies in the cryptocurrency space.