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Crypto

Binance Enters Foreign Exchange Market With 24/7 Perpetual Futures

Guavy AI Editorial Team
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USDT BNB USDB LUSD
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Binance is expanding its offerings to include 24/7 FX perpetual futures, starting with a USD/BRL contract scheduled for launch on September 21.

The new product will be listed as USDBRLUSDT and offer leverage of up to 100x. Binance Futures aims to apply the same market structure used in crypto markets to foreign exchange, allowing traders to buy and sell currencies continuously.

This move blurs the line between traditional financial institutions and cryptocurrency exchanges, which have been increasingly trading products unrelated to digital assets.

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