Binance Drops a Surprise: Four New Futures Coins Listed at Once (AIXBT, FARTCOIN, KMNO, and CGPT)
Key Takeaways:
- Binance’ve listed four new perpetual futures contracts all at once: AIXBT, FARTCOIN, KMNO, and CGPT.
- AI tokens, meme coins, and DeFi are hot areas, and Binance is giving users more trading options in these spaces.
Why It Matters?
Binance is making big moves to grow its offerings. Listing four futures coins at once is a bold step. It proves they’re focused on meeting what users want. They’re mixing fun meme coins with high-tech AI projects. This makes the crypto market both exciting and unpredictable.
But futures trading isn’t for everyone. The leverage is high, and so are the risks. One bad decision can lead to major losses. Be cautious!
A Closer Look at the Four Futures
Here’s what Binance has added:
- AIXBTUSDT – Backed by AIXBT from Virtuals.
- FARTCOINUSDT – Linked to the quirky FARTCOIN.
- KMNOUSDT – Powered by KMNO from Kamino Finance.
- CGPTUSDT – Represents CGPT from ChainGPT.
Key Details:
Binance’s new contracts come with specifics traders should know:
Token | Launch Time (UTC) | Leverage | Funding Rate | Settlement |
AIXBTUSDT | Dec 20, 2024, 18:30 | Up to 75x | ±2.00% (4h cycle) | USDT |
FARTCOINUSDT | Dec 20, 2024, 18:45 | Up to 75x | ±2.00% (4h cycle) | USDT |
KMNOUSDT | Dec 20, 2024, 19:00 | Up to 75x | ±2.00% (4h cycle) | USDT |
CGPTUSDT | Dec 20, 2024, 19:15 | Up to 75x | ±2.00% (4h cycle) | USDT |
What’s Special: Funding and Trading Details
Funding Rates: All contracts have funding rates capped at ±2.00%, settled every 4 hours.
Adjustable Settings: Binance can change contract details anytime, like leverage, funding, or price steps. Adjustments depend on market conditions.
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