Binance Adds Crypto-Settled Gold and Silver Options

Binance has introduced new options contracts for gold and silver, settled in USDT. The European-style options use XAUUSDT and XAGUSDT as underlying assets and are part of Binance's TradFi product suite.

The move follows the success of perpetual contracts on these metals, which attracted billions in daily trading volume.

This expansion allows traders to hedge or speculate on precious metals with crypto settlement, reflecting growing interest in integrating traditional commodities with digital asset platforms.