Binance Launches 24/7 USD/BRL Perpetual Futures With 100x Leverage
Binance is launching a 24/7 US dollar-Brazilian real perpetual futures contract on September 21, settling in USDT with up to 100x leverage.
Why it matters
Crypto exchanges are extending perpetual futures into the traditional FX market, enabling around-the-clock leveraged currency trading that was previously limited to 24/5 institutional hours. Binance's entry follows similar moves by Bybit and Kraken, signaling growing competition among exchanges for FX derivatives volume.
Key facts
Binance will launch the USDBRLUSDT perpetual futures contract on September 21 at 14:00 UTC.
Reported by Finance Magnates Crypto
Binance uses a dual pricing model: third-party FX data providers during regular hours, and an exponentially weighted moving average of orderbook prices on weekends and public holidays.
Reported by Finance Magnates Crypto
Kraken entered the FX perpetuals market before both Binance and Bybit.
Reported by Finance Magnates Crypto
Binance Head of Exchange and Trading Shunyet Jan said the contracts aim to extend price discovery beyond traditional FX trading hours.
Reported by Cointelegraph
Binance's TradFi Perpetual category already includes gold, silver, oil and natural gas products.
Reported by Crypto News Flash
What happened
Binance announced a 24/7 perpetual futures contract tracking the US dollar against the Brazilian real, called USDBRLUSDT, set to begin trading on September 21 at 14:00 UTC. The contract settles in USDT and offers leverage of up to 100x. Binance will use third-party FX price data during regular market hours and switch to an exponentially weighted moving average of its own orderbook prices on weekends and public holidays to maintain continuous trading. The launch follows Bybit's introduction of three FX major perpetuals (EUR/USD, GBP/USD, USD/JPY) about two weeks earlier. Binance Head of Exchange and Trading Shunyet Jan said the contracts are intended to extend price discovery beyond traditional FX trading hours. Additional currency pairs are planned.
How the story developed
- Update
Bybit launches FX perpetuals
Bybit listed EURUSDUSDT, GBPUSDUSDT and USDJPYUSDT perpetuals with 24/7 trading, USDT settlement, and up to 100x leverage.
- First report
First report by Finance Magnates Crypto
Binance Follows Bybit into 24/7 FX Perpetuals with 100x USD/BRL Contract
- Update
Kraken enters FX perpetuals market
Kraken launched FX perpetual contracts before both Binance and Bybit.
- Update
Binance announces USDBRLUSDT perpetual futures
Binance announced a 24/7 USD/BRL perpetual contract settling in USDT with up to 100x leverage, beginning September 21.
- Independent corroboration
Independently corroborated by Cointelegraph
Binance launches 24/7 FX perps with weekend pricing system
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 18 Sept 2026, 19:02 UTC: Finance Magnates Crypto, Mainstream media — 1 independent source, 1 reports
- 18 Sept 2026, 19:06 UTC: Cointelegraph — 2 independent sources, 2 reports
- 18 Sept 2026, 20:18 UTC: Crypto.News — 3 independent sources, 3 reports
- 18 Sept 2026, 22:14 UTC: CoinGape — 4 independent sources, 4 reports
- 19 Sept 2026, 22:22 UTC: Crypto News Flash — 5 independent sources, 6 reports
Affected entities
Also mentioned: Kraken, United States, BNB, Litecoin
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Finance Magnates Crypto Mainstream media | Binance Follows Bybit into 24/7 FX Perpetuals with 100x USD/BRL Contract | Original | |
| Cointelegraph Crypto media | Binance launches 24/7 FX perps with weekend pricing system | Independent | |
| Crypto.News Crypto media | Binance launches 24/7 FX perpetuals with 100x leverage | Independent | |
| CoinGape Crypto media | Binance Launches 24/7 Foreign Exchange Perpetual Futures With 100x Leverage | Independent | |
| Crypto News Flash Crypto media | Binance Brings 24/7 FX Perpetuals to Crypto Traders With 100x Leverage | Independent | |
| Crypto News (CryptoNews.net) Aggregator | Binance Launches 24/7 Foreign Exchange Perpetual Futures With 100x Leverage | Syndicated |
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