Binance Unveils Continuous FX Trading with Perpetual Futures

Binance has introduced perpetual futures in foreign exchange (FX) trading, allowing for continuous trading without traditional weekend closures.

The US dollar-Brazilian real contract (USDBRLUSDT) is available with up to 100x leverage and settles in Tether (USDT).

The new contracts use a dual-mode pricing system: during regular FX hours, prices track a weighted index from third-party data providers, while weekends and public holidays rely on an orderbook-based mechanism.

This approach extends price discovery beyond traditional FX trading hours and provides traders with a venue to hedge or take positions around the clock, according to Binance's trading head Shunyet Jan.