Binance Futures Launches CGPT/USDT Perpetual Contracts on Chainwire

Dubai, United Arab Emirates, December 20, 2024, Chainwire

In a significant move, Binance Futures, the leading cryptocurrency derivatives exchange platform, today announced the launch of its CGPT/USDT perpetual contract. This latest addition expands the platform's trading offerings while highlighting the growing importance of AI-focused cryptocurrencies in the digital asset ecosystem.

The new perpetual contract introduces advanced trading capabilities for the ChainGPT token (CGPT), offering traders up to 75x leverage with USDT as a settlement asset. This addition to the Binance Futures product suite demonstrates the platform's commitment to providing diverse trading opportunities while meeting the changing demands of cryptocurrency traders.

Commenting on this, Ilan Rakhmanov, Founder of ChainGPT and CEO of ChainGPT Software (ETR:) said: “The inclusion of CGPT on Binance Futures is a testament to the utility and importance of the token in the Web3 space. “It offers our community another dynamic way to interact with CGPT while showcasing its role in the expanding ChainGPT ecosystem.”

The perpetual contract format allows traders to hold positions indefinitely without expiration dates, providing flexibility for short- and long-term trading strategies. Implementing a capped funding rate of ±2.00% with four-hour settlements ensures a stable and predictable trading environment for all participants.

Trading of CGPT/USDT perpetual contracts will be available through Binance Futures' advanced trading interface, which provides robust risk management tools and real-time market data to support informed trading decisions.

Key Features of the CGPT/USDT Perpetual Contract:

Maximum leverage: 75x
Settlement asset: USDT
Commercial availability: 24 hours a day, 7 days a week
Limited funding rate: ±2.00% with four-hour settlement intervals
Multi-Asset Mode Support – Allows trading using multiple margin assets including BTC

To learn more about the CGPT/USDT perpetual contract and how to start trading, visit the official Binance Futures website or contact the support team.

About ChainGPT

Founded in 2023, ChainGPT is a leading provider of AI-powered tools for the blockchain and Web3 industries. It emerged as a project to bridge the gap between blockchain technology and AI, creating innovative solutions for the Web3 ecosystem. Leveraging advanced AI techniques, ChainGPT enhances blockchain functionality with its tools and applications, including SDKs and APIs for automated smart contract generation, a Web3 AI chatbot, an NFT generator, and an IDO launchpad. With established partnerships and collaborations with industry leaders such as Google (NASDAQ 🙂, Nvidia (NASDAQ 🙂) and BNB Chain, ChainGPT continues to pioneer efficient and easy-to-use AI solutions in the blockchain space.

As a relatively young but rapidly growing project, ChainGPT's mission is to revolutionize the intersection of blockchain and AI, with the vision of unlocking the potential of autonomous AI agents in Web3.

Users can obtain more information at:

General Resources:

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To learn more about ChainGPT, users visit the official website ChainGPT.org

For all queries, users can contact [email protected]

ContactsPublic relations leaderrichGPTString[email protected]sharonGPTString[email protected]

This article was originally published on Chainwire.