{"id":288864,"date":"2023-01-13T21:38:08","date_gmt":"2023-01-13T21:38:08","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=288864"},"modified":"2023-01-20T15:57:16","modified_gmt":"2023-01-20T15:57:16","slug":"binance-futures-to-launch-fetusdt-perpetual-contracts-as-ai-cryptocurrencies-surge","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/binance-futures-to-launch-fetusdt-perpetual-contracts-as-ai-cryptocurrencies-surge\/","title":{"rendered":"Binance Futures to launch FETUSDT perpetual contracts as AI cryptocurrencies surge"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Binance Futures will <a href=\"https:\/\/www.binance.com\/en\/support\/announcement\/binance-futures-will-launch-usd%E2%93%A2-m-fet-perpetual-contracts-with-up-to-20x-leverage-92f8c95638d94627961641c0e6a9edef\">launch<\/a> FETUSDT perpetual contracts on January 17, 2023, with leverage of up to 20X.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, as market risks change, Binance may adjust contract specifications, including maximum leverage and initial margin, according to reports. It is also possible to trade FETUSDT Perpetual Contracts across multiple margin assets through Multi-Asset Mode. For instance, BUSD can be used as a margin when trading FETUSDT Perpetual Contracts.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Recently, interest in AI-related cryptocurrencies has <a href=\"https:\/\/cryptoslate.com\/fet-becomes-reserve-asset-for-binance-as-ai-token-popularity-rises\/\">surged<\/a> due to the hype around the AI platform ChatGPT. <\/span><span style=\"font-weight: 400;\">For instance, SingularityNET's token <a href=\"https:\/\/cryptoslate.com\/coins\/singularitynet\/\">AGIX<\/a> has grown by 198.15% in the past seven days and by 220.42% in the past 30 days.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Further, <a href=\"https:\/\/cryptoslate.com\/coins\/fetch\/\">Fetch(FET)<\/a> saw a surge of 82.17% in the last seven days and 147.73 in the past 30 days. FET is the native token of Fetch.AI, an artificial intelligence (AI) lab building an open, permissionless, decentralized machine learning network.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With a market cap of <a href=\"https:\/\/cryptoslate.com\/cryptos\/ai\/\">$1.18 billion<\/a>, the top 59 AI coins saw a 52.09% increase in the last seven days.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In light of the recent speculation, some traders believe Binance will soon launch an AI index in futures.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Binance launching <a href=\"https:\/\/twitter.com\/search?q=%24FET&src=ctag&ref_src=twsrc%5Etfw\">$FET<\/a> futures in 4 days. It makes sense to me that Binance will eventually launch an AI index on futures similar to their bluebird index. <a href=\"https:\/\/t.co\/kZXN20KYGj\">https:\/\/t.co\/kZXN20KYGj<\/a><\/p>\n<p>&mdash; Nacho Trades (@NachoTrades) <a href=\"https:\/\/twitter.com\/NachoTrades\/status\/1613781313676529670?ref_src=twsrc%5Etfw\">January 13, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance Futures will launch FETUSDT perpetual contracts on January 17, 2023, with leverage of up to 20X. However, as market risks change, Binance may adjust contract specifications, including maximum leverage and initial margin, according to reports. It is also possible to trade FETUSDT Perpetual Contracts across multiple margin assets through Multi-Asset Mode. For instance, BUSD [&hellip;]<\/p>\n","protected":false},"author":1393,"featured_media":288898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[78326,39,6849],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Binance Futures to launch FETUSDT perpetual contracts as AI cryptocurrencies surge<\/title>\n<meta name=\"description\" content=\"With AI cryptos surging by over 50% in the past week, Binance Futures is launching the FETUSDT perpetual with leverage up to 20X.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/binance-futures-to-launch-fetusdt-perpetual-contracts-as-ai-cryptocurrencies-surge\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance Futures to launch FETUSDT perpetual contracts as AI cryptocurrencies surge\" \/>\n<meta property=\"og:description\" content=\"With AI cryptos surging by over 50% in the past week, Binance Futures is launching the FETUSDT perpetual with leverage up to 20X.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/binance-futures-to-launch-fetusdt-perpetual-contracts-as-ai-cryptocurrencies-surge\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-13T21:38:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-20T15:57:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/fetch-ai.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Soumen Datta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Soumen Datta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/binance-futures-to-launch-fetusdt-perpetual-contracts-as-ai-cryptocurrencies-surge\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/binance-futures-to-launch-fetusdt-perpetual-contracts-as-ai-cryptocurrencies-surge\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/soumen-datta\/#person\",\"name\":\"Soumen Datta\",\"url\":\"https:\/\/cryptoslate.com\/author\/soumen-datta\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/soumen-datta\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/soumen-datta\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/10\/cs-soumen.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/10\/cs-soumen.jpg\",\"caption\":\"Soumen Datta\"},\"jobTitle\":\"Journalist\",\"description\":\"Soumen is a dedicated researcher and writer in the field of cryptocurrencies, DeFi, NFTs, and GameFi projects. 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