Thursday, October 24, 2024
HomeMarketGOAT token rises as Binance introduces perpetual contract

GOAT token rises as Binance introduces perpetual contract

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  • Binance launches GOAT perpetual contract with 75x leverage.
  • The GOAT meme token jumped 18% to $0.88 on a number of different exchanges.
  • Goatseus Maximus (GOAT) is an AI meme coin on Solana.

Binance, the world's largest crypto change by buying and selling quantity, has introduced the launch of the meme coin GOAT futures contract.

In an announcement on October twenty fourth, Binance stated it can launch the GOATUSDT perpetual contract on October twenty fourth, 2024 at 13:30 UTC. The contract permits buying and selling leverage of as much as 75x.

The meme coin Goatseus Maximus (GOAT) is listed on Binance Futures, and its value has elevated by 18% within the final 24 hours because of the itemizing and normal sentiment round meme cash. GOATUSDT will settle in USDT stablecoin and have a tick measurement of 0.0001.

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Buying and selling can be accessible in multi-asset mode, which implies customers can commerce the GOATUSDT perpetual contract with a number of margin belongings. This includes utilizing an asset like BTC or ETH as margin. In response to Binance, settlement of funding charges will happen in four-hour intervals.

Goatseus Maximus has climbed larger amongst Solana-based meme cash, surpassing the likes of Popcat and Bonk in its beneficial properties over the previous 24 hours.

Along with Binance, different high exchanges which have introduced assist for futures contracts for GOAT embrace OKX and Bybit. Crypto exchanges BitMEX, Bitget and WOO X have already added spot buying and selling for GOAT/USDT.

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