Binance Pushes into Traditional Markets with 24/7 Forex Perpetuals
Binance is expanding its reach into traditional financial markets by launching foreign-exchange perpetual futures. This allows users to trade currency exposure around the clock, including weekends and public holidays.
The first contract, USDBRLUSDT, will track the U.S. dollar against the Brazilian Real and be settled in USDT. It will offer up to 100x leverage and have no expiry date or rollover requirement.
This milestone marks Binance's extension of its TradFi perpetuals beyond commodities and equities into foreign exchange, the world's largest financial market.