Binance Introduces Commodity Options for Gold and Silver Investors

Binance continues to expand its product range by launching commodity options for gold and silver investors. The exchange's Abu Dhabi-based subsidiary, Nest Exchange Limited, has made these European-style contracts available through a cash-settled system using Tether (USDT).

The daily peak volume in gold futures reached $7.77 billion, while for silver it was $7.27 billion. These figures correspond to approximately 3% to 8% of the gold volume and 9% to 20% of the silver volume on COMEX.

To avoid market manipulation, the price reference is determined by weighted averages from multiple independent data providers. This structure provides a more solid foundation for investors.