Binance Futures to launch FETUSDT perpetual contracts as AI cryptocurrencies surge

Binance Futures will launch FETUSDT perpetual contracts on January 17, 2023, with leverage of as much as 20X.

Nevertheless, as market dangers change, Binance could modify contract specs, together with most leverage and preliminary margin, in accordance with experiences. Additionally it is attainable to commerce FETUSDT Perpetual Contracts throughout a number of margin belongings by Multi-Asset Mode. For example, BUSD can be utilized as a margin when buying and selling FETUSDT Perpetual Contracts.

Just lately, curiosity in AI-related cryptocurrencies has surged because of the hype across the AI platform ChatGPT. For example, SingularityNET’s token AGIX has grown by 198.15% prior to now seven days and by 220.42% prior to now 30 days.

Additional, Fetch(FET) noticed a surge of 82.17% within the final seven days and 147.73 prior to now 30 days. FET is the native token of Fetch.AI, a synthetic intelligence (AI) lab constructing an open, permissionless, decentralized machine studying community.

With a market cap of $1.18 billion, the highest 59 AI cash noticed a 52.09% improve within the final seven days.

In mild of the current hypothesis, some merchants imagine Binance will quickly launch an AI index in futures.

Binance launching $FET futures in 4 days. It is sensible to me that Binance will finally launch an AI index on futures just like their bluebird index. https://t.co/kZXN20KYGj

— Nacho Trades (@NachoTrades) January 13, 2023

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