Binance to Launch 24/7 Forex Perpetual Futures on USDBRLUSDT with Up to 100x Leverage

Binance will begin 24-hour trading of forex perpetual futures tracking the US dollar/Brazilian real exchange rate from November 21. The first product, USDBRLUSDT, supports up to 100x leverage. Binance announced on November 18 that the product will be settled in USDT with no expiration date. Trading is scheduled to start at 11 PM KST on November 21. The exchange explained it will reflect prices from third-party data providers during traditional forex market hours and use its own quote-based index pricing for weekends and holidays.