Binance to launch 24/7 forex perpetual futures with up to 100x leverage

Binance announced the launch of 24/7 forex perpetual futures, starting with the USDBRLUSDT pair on September 21. Settled in USDT, the product offers up to 100x leverage. Pricing will rely on third-party weighted indices during traditional market hours, while weekends and holidays will utilize an order book-based pricing mechanism with an exponentially weighted moving average to ensure continuous trading.