1. Market Overview
While cryptocurrency trading in Pakistan still exists in a regulatory gray zone, momentum is steadily growing. The State Bank of Pakistan (SBP) hasn’t banned virtual assets outright, but continues advising caution—highlighting that crypto remains neither fully illegal nor regulated .
2. Emerging Regulatory Framework
Pakistan Crypto Council (PCC): Established in March 2025, the PCC is spearheading blockchain and digital-asset regulation. Binance co-founder Changpeng Zhao (CZ) serves as a strategic adviser to the Council .
Pakistan Virtual Assets Regulatory Authority (PVARA): Launched in July 2025 under the Virtual Assets Ordinance, this body will license, supervise, and enforce regulations on virtual asset service providers (VASPs), while incorporating Shariah-compliant frameworks .
CBDC Pilot & Licensing: The SBP is preparing a pilot for a central bank digital currency (CBDC), alongside drafting legislation for virtual asset regulation .
3. Binance Futures: What’s Being Offered
Platform Capabilities: Binance Futures is the world's largest derivatives platform, offering both USDⓈ-M (stablecoin-settled) and COIN-M (crypto-settled) futures contracts with up to 125× leverage and an extensive range of over 340 trading pairs .
Competitive Pricing: Fees start as low as 0.02% (makers) and 0.05% (takers), with additional discounts for BNB holders .
Advanced Tools: Traders can use powerful charting interfaces, a variety of order types, trading bots, copy-trading, and portfolio margining .
4. What This Means for Pakistani Traders
Although full-scale access to Binance Futures may still be limited within Pakistan, R&D efforts via the PCC, PVARA, and emerging licensing frameworks indicate a path toward legitimizing digital-asset derivatives trading. The involvement of industry leaders like CZ also suggests potential for infrastructure and educational support.
Coins Common in Futures Trading
# Bitcoin (BTC) $BTC
#Ethereum (ETH) $ETH
Binance Coin (BNB).$BNB