Binance to launch NU and FRHC U.S. stock perpetuals tomorrow: up to 20x leverage—first, note that these aren’t cryptocurrencies

Binance Futures’ announcement says NUUSDT perpetuals will launch at 17:30 HKT on November 12, followed by FRHCUSDT at 17:45. Both are USDT-denominated, offer up to 20x leverage, and can be traded around the clock. These contracts track U.S. stocks, not cryptocurrencies: NU corresponds to Nu Holdings Class A common stock listed on the NYSE, and FRHC to Freedom Holding common stock listed on the Nasdaq.

Who’s affected: People trading perpetuals on Binance will be able to see these two new contracts tomorrow afternoon. The announcement states that the products may be unavailable in some regions. Funding rates are settled every 8 hours, with a limit of plus or minus 2%; even if the limit is reached, settlement will not automatically switch to every hour. Leverage, margin, and other parameters may also be adjusted later based on market risk. The order books for newly launched contracts may be volatile, and using leverage of up to 20x magnifies both gains and losses.

What to check next: Whether trading is available in your region after launch, and whether leverage tiers have been temporarily reduced.

Are you planning to watch the order books first, or trade these two new contracts as soon as they launch?

This is not investment advice.
Source: Official Binance announcement (2026-11-11 17:45 HKT) · 2026-11-11 approx. 19:25 HKT
#币安 #永续合约 #美股 #夯B媒体 $NU $FRHC