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Binance launches 24/7 foreign exchange perpetual futures

Binance has introduced 24/7 foreign exchange perpetual futures with a weekend pricing system, Cointelegraph reports. The launch adds Binance to the growing group of crypto exchanges offering continuous FX exposure through perpetual contracts.

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Binance launches 24/7 foreign exchange perpetual futures

Binance has launched perpetual futures tied to foreign exchange markets that are available around the clock, according to Cointelegraph. The rollout includes a weekend pricing system, allowing the exchange to provide FX-related perpetual futures exposure beyond the traditional operating schedule associated with foreign exchange markets. Binance’s move places it among a growing group of crypto exchanges offering continuous access to foreign exchange products through perpetual futures. Unlike contracts with a fixed expiry, perpetual futures are designed to remain open without a set settlement date, although the supplied report does not provide further details on Binance’s contract specifications, supported currency pairs, or pricing methodology. The announcement is relevant to Binance’s broader market offering and to crypto assets associated with the exchange, including BNB, ARK, ORE and WIN. No additional launch terms, trading volumes or market-performance data were provided in the source material.

Source Cointelegraph Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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