Binance Introduces 24/7 FX Perpetuals Using Weekend Pricing Model
Binance is pushing deeper into traditional finance-inspired trading by launching foreign exchange (FX) perpetual futures that are designed to trade around the clock.
The US dollar, Brazilian real contract, priced and settled in crypto, will go live on Sept. 21 and settle in USDT. The contract is positioned as a 24/7 offering, with up to 100x leverage, and uses a dual-mode pricing approach to mimic FX market continuity when global trading desks are typically closed.
This move follows a broader wave of crypto exchanges launching FX perpetuals, including Bybit's 24/7 versions and Kraken's earlier FX perpetual lineup.