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Binance Launches USD/BRL Perpetual Contract with 100x Leverage

Guavy AI Editorial Team
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Binance has announced that it will launch a new USD/BRL perpetual contract on Monday, offering up to 100x leverage. The contract will track movements between the US dollar and Brazilian Real and settle in Tether's USDT stablecoin.

The exchange will use orderbook pricing during weekend and holiday FX market closures, combining third-party market data with internal pricing when external markets are open.

This move follows Bybit's launch of currency perpetuals less than two weeks earlier, which also support up to 100x leverage. In contrast, Kraken's foreign exchange perpetuals have a lower leverage ceiling of 50x.

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