Binance Adds Commodity Options on Gold and Silver

Binance is expanding its derivatives offerings by launching commodity options on gold and silver. This move builds on strong demand for its existing commodity perpetuals, which were introduced earlier this year. The new options will be offered through Binance's Abu Dhabi Global Market-regulated Recognized Investment Exchange, Nest Exchange Limited.

The launch extends Binance's TradFi ecosystem, providing users with additional compliant and crypto-native ways to hedge, diversify, and express macro views on core traditional assets. Users can access commodity perpetuals and options using the same USDT balance and Binance account they already use for trading.

According to Shunyet Jan, Head of Exchange and Trading at Binance, 'We've seen strong demand for our commodity perpetuals since introducing them earlier this year, and commodity options build on that momentum.' He added that gold hitting record highs has led investors to seek inflation hedges outside traditional equities.

The platform will offer European-style, USDT-settled options on physical gold and silver. Trading will be available from Sunday 6:00 PM ET to Friday 5:00 PM ET, with a daily maintenance break from 5:00 PM to 6:00 PM ET.