📌 Binance announced the launch of a new futures contract — PAYPUSDT on the Binance Futures platform.
This is a perpetual futures contract that will track the stock price of PayPay (Nasdaq: PAYP) — not a cryptocurrency. You will be able to trade this contract in pairs with USDT (Tether) and with leverage up to 10×. �
Binance
💡 What this means in simple terms:
— You will be able to speculate on the movement of PayPay stock prices 24/7 through a cryptocurrency exchange without buying the stocks directly.
— Such contracts are called TradFi Perpetual Contracts — this is Binance's attempt to combine crypto with traditional markets (for example, the stock market).
— The contract will be available from March 23, 2026.
Binance
Binance
Binance
💭 This product is useful for traders who want to speculate on stocks through crypto derivatives, use leverage, or hedge positions. However, it is not suitable for long-term investing, especially for beginners, due to high volatility and the risk of liquidation when using leverage.