Binance, the largest cryptocurrency exchange by volume and users, announced the launch of TradFi Perpetual Contracts, an innovative product category enabling users to access traditional assets through USDT-settled perpetual contracts. This expansion of Binance's derivatives offerings unlocks 24/7 access to diversified TradFi market exposure and offers new trading opportunities.

Jeff Li, VP of Product at Binance commented, "The launch of TradFi Perpetual Contracts marks a key step in bridging traditional finance and crypto innovation. By providing round-the-clock access to conventional assets with a seamless trading experience, we empower users to diversify and manage their portfolios more effectively. Backed by strong regulatory compliance and trust, this product creates new opportunities for crypto and TradFi traders on Binance."

Binance is the first global digital assets trading platform to obtain a comprehensive suite of licenses under the Abu Dhabi Global Market (ADGM) framework, setting a new standard for digital asset regulation. TradFi Perpetual Contracts are offered by Nest Exchange Limited, a Binance entity regulated by the Financial Services Regulatory Authority (FSRA) of ADGM as a Recognized Investment Exchange.

The inaugural TradFi Perpetual Contracts, XAUUSDT and XAGUSDT, correspond to the respective precious metals gold and silver. Binance is actively working to expand the offering with more trading pairs to further bridge traditional and crypto markets.

This launch opens TradFi instruments to existing crypto users while also welcoming traditional market participants to explore digital assets on the regulated Binance platform. It reinforces Binance's industry-leading commitment to increasing user choices and connecting traditional finance to crypto, all while adhering to high regulatory standards.

TradFi perpetual contracts are designed for a simple and seamless trading experience, with no expiry dates and eliminating the need for contract rollovers. Traders can use them to hedge, diversify, and amplify their portfolio strategies across traditional and digital assets.