- Binance launches GOAT perpetual contract with 75x leverage.
- The GOAT meme token jumped 18% to $0.88 amid a number of different alternate listings.
- Goatseus Maximus (GOAT) is an AI meme coin on Solana.
Binance, the world's largest cryptocurrency alternate by buying and selling quantity, introduced the launch of a futures contract for the GOAT meme coin.
In an announcement on October 24, Binance introduced that it could record the GOATUSDT perpetual contract on October 24, 2024 at 1:30 p.m. UTC. The contract will enable buying and selling leverage of as much as 75x.
#Binance Futures contracts will launch USDⓈ-Margined $ GOAT Perpetual contract to
🗓️October 24, 2024, 1:30 p.m. (UTC)
Be taught extra 👉 https://t.co/YswQcSfaat pic.twitter.com/OVUaTSYYAB
– Binance Futures (@BinanceFutures) October 24, 2024
The Binance Futures itemizing is for meme coin Goatseus Maximus (GOAT), which noticed its value surge 18% over the previous 24 hours amid the itemizing and normal sentiment of the meme coin. GOATUSDT will settle into the USDT stablecoin and have a tick dimension of 0.0001.
Buying and selling can be out there in multi-asset mode, that means customers can commerce the GOATUSDT perpetual contract with a number of belongings on margin. This consists of utilizing an asset corresponding to BTC or ETH as margin. Based on Binance, settlement of funding charges will happen each 4 hours.
Goatseus Maximus has climbed larger amongst Solana-based meme cash, with its positive factors over the previous 24 hours surpassing these of Popcat and Bonk.
In addition to Binance, different prime exchanges have introduced futures assist for GOAT, together with OKX and Bybit. Crypto exchanges BitMEX, Bitget, and WOO X have already added spot buying and selling for GOAT/USDT.
