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Pionex has launched $OPENAI Perpetual Futures, allowing traders to gain pre-IPO exposure to OpenAI, the company known for developing ChatGPT.
Pionex has introduced perpetual futures contracts for $OPENAI, offering traders the opportunity to gain exposure to OpenAI prior to its potential public listing. According to the announcement, the product is designed to allow market participants to position themselves in anticipation of OpenAI's future market developments.
No additional details regarding contract specifications, risk factors, or trading terms were provided in the announcement.
Pionex is a cryptocurrency exchange established in Singapore in 2019, operating under the US Money Services Business (MSB) license from FinCEN. The platform offers manual and automated crypto trading with access to more than 300 trading pairs, integrated liquidity from major international exchanges, and 16 types of built-in bots, as well as features like low fees, cold wallet fund storage, and two-factor authentication. For additional details, read the full review on Traders Union.
In our earlier news, we covered Pionex's launch of the SPCX/USDT Futures Grid event, giving users a chance to invest in SpaceX-linked futures and participate in a lottery for bonus positions. For more background on this campaign, see the previous Pionex update on Traders Union.