Binance Futures added NUUSDT and FRHCUSDT perpetual contracts linked to Nu Holdings and Freedom Holding shares. The November 12 launch is specified in the exchange’s official notice.
The contracts settle in USDT, trade around the clock and allow leverage of up to 20x. Funding payments are scheduled every eight hours. Product availability varies by region.
A contract is not share ownership
Holding the instrument does not mean buying an ownership stake or obtaining shareholder rights. It provides price exposure through a derivative whose terms differ from purchasing the underlying security.
Leverage magnifies both potential outcomes and the risk of losing collateral. Fees and funding payments can affect the result alongside price movements. Round-the-clock derivative trading also does not mean the underlying shares trade on the same schedule.
