Binance to Launch USD/Brazilian Real 24/7 Perpetual Contract with Up to 100x Leverage

Odaily News: Binance will launch a USD/Brazilian Real USDT perpetual contract on September 21, supporting up to 100x leverage and settled in USDT. The contract will trade 24/7, tracking a third-party data provider's weighted index during regular forex trading hours.

On weekends and public holidays, the contract will adopt an index-weighted moving average pricing mechanism based on order book prices, without relying on external price sources. Bybit previously launched 24/7 perpetual contracts for EUR, GBP, and JPY against USD. (Cointelegraph)