- Binance launches GOAT perpetual contract with 75x leverage.
- GOAT meme token jumped 18% to $0.88 amid a number of different change listings.
- 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 futures contract for meme coin GOAT.
In an announcement on Oct. 24, Binance stated it can record the GOATUSDT perpetual contract on October 24, 2024 at 13:30 UTC. The contract will enable a buying and selling leverage of as much as 75x.
#Binance Futures will launch the USDⓈ-Margined $GOAT Perpetual Contract at
🗓️Oct 24 2024, 13:30 (UTC)
Learn extra 👉 https://t.co/YswQcSfaat pic.twitter.com/OVUaTSYYAB
— Binance Futures (@BinanceFutures) October 24, 2024
Binance Futures’ itemizing is for the meme coin Goatseus Maximus (GOAT), which has seen its worth spike 18% up to now 24 hours amid the itemizing and total meme coin sentiment. GOATUSDT will settle within the stablecoin USDT and have a tick measurement of 0.0001.
Buying and selling can also be obtainable in multi-assets mode, which suggests customers can commerce the GOATUSDT perpetual contract with a number of margin property. This consists of using an asset reminiscent of BTC or ETH as margin. Based on Binance, settlement for funding charges can be at four-hour intervals.
Goatseus Maximus has climbed larger amongst Solana based mostly meme cash, with its beneficial properties up to now 24 hours surpassing the likes of Popcat and Bonk.
Other than Binance, different prime exchanges to announce help for futures contracts for GOAT embody OKX and Bybit. Crypto exchanges BitMEX, Bitget and WOO X have already added spot buying and selling for GOAT/USDT.