Binance Launches 24/7 FX Perpetuals With Up to 100x Leverage

Binance has launched its 24/7 FX perpetual futures contract, allowing users to trade the USDBRLUSDT pair with up to 100x leverage. This move marks the exchange's expansion into traditional financial markets.

The new contract will be available around the clock, including weekends and public holidays, and will use external FX price feeds during regular market hours. When external markets are closed, Binance will calculate prices using its own orderbook and an exponentially weighted moving average.

The exchange's derivatives head, Shunyet Jan, stated that this structure enables price discovery outside traditional FX venues and allows traders to hedge currency exposure or take directional positions.