[Binance to Launch 24/7 Forex Perpetual Contracts with Up to 100x Leverage] BlockBeats news, on September 19, Binance announced the launch of 24/7 forex perpetual contracts, with the first product being USD/Brazilian Real (USDBRLUSDT), scheduled to go live on September 21. The contracts will be settled in USDT and offer up to 100x leverage. During traditional forex trading hours, the product will use weighted index pricing provided by third-party data providers; on weekends and public holidays, it will adopt an order book-based pricing mechanism, utilizing a weighted moving average of order book prices for pricing to enable round-the-clock trading. Binance stated that the 24/7 forex perpetual contracts aim to break through the traditional forex market's weekend closure limitations, providing traders with a channel for continuous exchange rate price discovery, hedging, and trading.