Binance Futures Launches AI-Focused CGPT/USDT Perpetual Contracts, Highlighting Growing Intersection of AI and Crypto
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Binance Futures Launches CGPT/USDT Perpetual Contracts - Decrypt
Dubai, United Arab Emirates, December 20th, 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 prominence of AI-focused cryptocurrencies in the digital asset ecosystem. The new perpetual contract introduces advanced trading capabilities for ChainGPT token (CGPT), offering traders leverage of up to 75x with USDT as the settlement asset. This addition to Binance Futures' suite of products demonstrates the platform's commitment to providing diverse trading opportunities while meeting the evolving demands of cryptocurrency traders. The perpetual contract format allows traders to hold positions indefinitely without expiration dates, providing flexibility for short-term and long-term trading strategies. Implementing a ±2.00% capped funding rate 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: For more information about the CGPT/USDT Perpetual Contract and how to start trading, please visit Binance Futures' official website or contact the support team. About ChainGPT Incepted 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, Nvidia, and BNB Chain, ChainGPT continues to pioneer efficient and user-friendly 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 a vision to unlock the potential of autonomous AI agents in Web3. To learn more about ChainGPT, users visit the official ChainGPT.org website For all inquiries, users can contact [email protected] PR Lead Richa ChainGPT [email protected] Sharon ChainGPT [email protected] Disclaimer: Press release sponsored by our commercial partners.
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Binance Futures launches CGPT/USDT perpetual contracts
Dubai, United Arab Emirates, December 20th, 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 prominence of AI-focused cryptocurrencies in the digital asset ecosystem. The new perpetual contract introduces advanced trading capabilities for ChainGPT token (CGPT), offering traders leverage of up to 75x with USDT as the settlement asset. This addition to Binance Futures' suite of products demonstrates the platform's commitment to providing diverse trading opportunities while meeting the evolving demands of cryptocurrency traders. Commenting on this, Ilan Rakhmanov, Founder of ChainGPT and CEO of ChainGPT Software said, "The listing of CGPT on Binance Futures is a testament to the token's utility and importance in the Web3 space. It offers our community another dynamic way to engage 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-term and long-term trading strategies. Implementing a ±2.00% capped funding rate 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 For more information about the CGPT/USDT Perpetual Contract and how to start trading, please visit Binance Futures' official website or contact the support team. About ChainGPT Incepted 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, Nvidia, and BNB Chain, ChainGPT continues to pioneer efficient and user-friendly 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 a vision to unlock the potential of autonomous AI agents in Web3. To learn more about ChainGPT, users visit the official ChainGPT.org website For all inquiries, users can contact [email protected]
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Binance Futures introduces perpetual contracts for ChainGPT token (CGPT), offering up to 75x leverage and emphasizing the rising importance of AI-focused cryptocurrencies in the digital asset market.
Binance Futures Expands into AI-Focused Cryptocurrencies
In a significant development at the intersection of artificial intelligence and cryptocurrency, Binance Futures, a leading cryptocurrency derivatives exchange platform, has announced the launch of CGPT/USDT Perpetual Contracts. This move, revealed on December 20th, 2024, marks a notable expansion of Binance's trading offerings and underscores the growing importance of AI-focused cryptocurrencies in the digital asset ecosystem 12.
Key Features of CGPT/USDT Perpetual Contracts
The new perpetual contracts introduce advanced trading capabilities for the ChainGPT token (CGPT), offering traders leverage of up to 75x with USDT as the settlement asset. These contracts allow traders to hold positions indefinitely without expiration dates, providing flexibility for both short-term and long-term trading strategies 1.
To ensure a stable and predictable trading environment, Binance Futures has implemented a ±2.00% capped funding rate with four-hour settlements. Trading 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 2.
ChainGPT: Bridging AI and Blockchain
ChainGPT, the company behind the CGPT token, was founded in 2023 as a provider of AI-powered tools for the blockchain and Web3 industries. The project aims to bridge the gap between blockchain technology and AI, creating innovative solutions for the Web3 ecosystem 12.
Ilan Rakhmanov, Founder of ChainGPT and CEO of ChainGPT Software, commented on the listing: "The listing of CGPT on Binance Futures is a testament to the token's utility and importance in the Web3 space. It offers our community another dynamic way to engage with CGPT while showcasing its role in the expanding ChainGPT ecosystem" 2.
ChainGPT's AI-Powered Offerings
ChainGPT leverages advanced AI techniques to enhance blockchain functionality through various tools and applications, including:
- SDKs and APIs for automated smart contract generation
- A Web3 AI chatbot
- An NFT generator
- An IDO launchpad
The company has established partnerships and collaborations with industry leaders such as Google, Nvidia, and BNB Chain, positioning itself as a pioneer in efficient and user-friendly AI solutions for the blockchain space 12.
Implications for the Crypto Market
The introduction of CGPT/USDT Perpetual Contracts on Binance Futures highlights the increasing prominence of AI-focused cryptocurrencies in the digital asset market. This development suggests a growing recognition of the potential synergies between AI and blockchain technologies, potentially paving the way for more AI-related crypto products and services in the future 12.
As the crypto market continues to evolve, the integration of AI-focused tokens and products may represent a new frontier for traders and investors, offering novel opportunities and challenges in the rapidly changing landscape of digital assets.
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