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      Binance to Launch 24/7 Forex Perpetual Contracts with High Leverage

      Binance, a leading cryptocurrency exchange, is set to introduce 24/7 Forex perpetual contracts, starting with the US Dollar/Brazilian Real (USDBRLUSDT) pair. This new offering will go live on September 21, 2026, and will utilize Tether (USDT) for settlement, allowing traders to leverage their positions by up to 100 times.

      The Forex perpetual contracts will feature a pricing mechanism that incorporates a weighted index from third-party data providers during standard forex trading hours. To facilitate trading on weekends and public holidays, Binance will implement an order book-based pricing system, which will utilize the exponentially weighted moving average of order book prices. This innovation aims to provide continuous trading opportunities, overcoming the limitations of traditional forex market hours.

      Binance's initiative is designed to enhance price discovery, hedging, and trading capabilities for participants in the foreign exchange market, enabling them to operate without the constraints of weekend closures. This move reflects the exchange's commitment to expanding its product offerings and catering to the evolving needs of traders globally.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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