Digital Currency
Add as a preferred source on GoogleSettled in Tether (USDT), the contract’s quote reflects its derivative market and does not verify NVIDIA’s regular-session share price.
Binance offers a perpetual contract tied to NVIDIA common stock that trades seven days a week, meaning NVDAUSDT can carry a price when the U.S. share market is closed.
The contract settles in Tether (USDT). NVDAUSDT is a separate derivative market, so its trading price is not a live or closing quote for NVIDIA shares.
EconoTimes previously explained the separation between the derivative and a share-price target in its earlier report on NVDAUSDT and Arete Research’s $369 NVIDIA target.
On Binance’s Internet Computer (ICP)/Tether (USDT) spot pair, displayed quotes were $2.62 at 9 a.m. ET and $2.44 at 1 p.m.; the four-hour decline was 7.16%.
Binance's NEAR/USDT spot pair showed NEAR at $3.83 at 10:05 a.m. ET Thursday, Nov. 5, after a 3.11% decline over the preceding hour.
Binance’s terms specify Tether (USDT) settlement, continuous trading and leverage of up to 10x.
