Binance Drops a Surprise: Four New Futures Coins Listed at Once (AIXBT, FARTCOIN, KMNO, and CGPT)
Key Takeaways:
- Binanceve 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 theyre focused on meeting what users want. Theyre mixing fun meme coins with high-tech AI projects. This makes the crypto market both exciting and unpredictable.
But futures trading isnt 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
Heres 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:
Binances 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 |
Whats 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.
Multi-Assets Mode: Use BTC or other assets as collateral for flexibility in trades.
No Spot Guarantee: Futures listing doesnt mean the token will also appear on Binance Spot. Always double-check.
Quick Look at the Tokens
1. AIXBT: The AI Crypto Tool
AIXBT uses AI to track and predict market trends. It analyzes posts on platforms like Twitter, Telegram, and forums to find whats trending.
AIXBT
Why It Stands Out:
- Real-time insights from AI tools.
- Exclusive access to premium analysis features.
- Rewards for community engagement.
Fast Facts:
- Over 156,000 followers on X.
- Reached a $200M market cap in 50 days.
- Traded on Uniswap, KuCoin, and more.
2. FARTCOIN: Fun and Memes in Crypto
FARTCOIN isnt just a tokenits a joke that went viral. Built for entertainment, it thrives on its humorous and quirky appeal.
FARTCOIN
What Makes It Unique?
Every transaction makes a fart sound. Yes, you read that right.
Why Its a Hit:
- Hype: Meme coins are all about buzz, and FARTCOIN nailed it.
- Community Vibes: Users share memes and jokes, keeping the fun alive.
- Speculation: Investors love the thrill of high-risk, high-reward plays.
Heads-Up:
Meme coins are risky. Gains can be big, but losses can hit hard. Invest cautiously.
3. KMNO: DeFi Made Easy on Solana
KMNO powers Kamino Finance, a DeFi platform designed for better liquidity and lending. Built on Solana, its fast, cheap, and user-friendly.
Kamino Finance (KMNO)
What You Can Do:
- Provide liquidity to pools.
- Borrow funds using crypto as collateral.
- Use up to 10x leverage for bigger returns.
Why Kamino Shines:
- Targeted Liquidity: Focuses on specific price ranges for optimized returns.
- Flexible Loans: Offers options for under-collateralized borrowing.
- Fast Transactions: Solana ensures quick and low-cost trades.
More Info:
KMNO is also a governance token. Holders can vote on decisions for Kaminos development.
More News: Decentralized Finance (DeFi): How Technology is Reshaping Finance?
4. CGPT: Bringing AI to Web3
CGPT is the backbone of ChainGPT. It combines blockchain with AI tools for smart contract audits, NFT creation, and much more.
ChainGPT (CGPT)
Key Features:
- AI Chatbot: Handles blockchain questions and tasks.
- Staking and Farming: Earn passive income by holding tokens.
- DAO Governance: Use tokens to vote on proposals and influence the platform.
Why Developers Love It:
- Includes APIs and SDKs for easy integration into apps.
- Works on Binance Smart Chain and Ethereum.
The post Binance Drops a Surprise: Four New Futures Coins Listed at Once (AIXBT, FARTCOIN, KMNO, and CGPT) appeared first on CryptoNinjas.
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