$BRL / $BRZ futures are live on FTX, as well as BRL bank deposits and withdrawals!
ftx.com/trade/BRZ-PERP
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is there some form of 'catch', such as depositing fiat BRL and it automatically converts to BRZ ? cause if that's the case (most likely), clients should be informed that BRL withdrawal relies on 3rd party
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It's pretty explicit about that--
a) it's called "Brazilian Real and BRZ" in your wallet
b) if you try to deposit BRL it says "Depositing or withdrawing fiat currencies will be facilitated with a third party OTC desk."
c) you can still withdraw it out as BRL or BRZ in the end
that's NOT true, and u know it. you can withdraw as long as this 3rd parter allows. Brazilian Real and BRZ are not the same thing, not even close.
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It is dependent on the 3rd party but it's also stored as BRL in a Brazilian bank account
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