Binance has announced that it will newly list perpetual futures contracts for Korea's leading companies: Samsung Electronics, SK Hynix, and Hyundai Motor.

Based on Korean time, trading for SK Hynix (SKHYNIX/USDT) will begin first at 12:00 PM on June 2. This will be followed by trading for Samsung Electronics (SAMSUNG/USDT) at 12:10 PM, and Hyundai Motor (HYUNDAI/USDT) at 12:20 PM, in sequential order.

With this listing, users can take long and short positions based on the stock price movements of Samsung Electronics, SK Hynix, and Hyundai Motor without actually holding the underlying stocks. In particular, the support of up to 20x leverage is expected to draw significant interest from investors.