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Binance launches TradFi perpetual contracts, starting with gold and silver

Crypto Briefing
Binance introduced 24/7 tradable, USDT-settled perpetual futures for traditional assets like gold and silver.

Summary

Binance is expanding its futures offerings by launching TradFi Perpetual Contracts, providing users with 24/7 access to traditional markets via USDT-settled perpetual futures. The initial offerings include Gold (XAUUSDT) and Silver (XAGUSDT), which allow trading without expiry dates, enabling portfolio hedging, diversification, and amplified returns through leverage. These contracts utilize a robust pricing and risk management model and are traded on infrastructure regulated by the FSRA under the ADGM regulatory framework.

(Source:Crypto Briefing)