Binance Brings 24/7 FX Perpetuals To Crypto Traders With USD/BRL
TL;DRBinance Futures has launched a 24/7 perpetual contract tied to the USD/BRL foreign-exchange rate.
USD/BRL is the first pair in the new FX-perpetual product line.
The product gives synthetic leveraged FX exposure through a crypto derivatives venue; it is not spot foreign-exchange settlement.Binance is moving another traditional market into the always-on crypto trading model.
The exchange has launched 24/7 foreign-exchange perpetuals, beginning with a contract tied to the US dollar and Brazil
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