Binance Adds Regulated Gold and Silver Options in Abu Dhabi
Binance has expanded its regulated commodity offerings by launching USDT-settled options on gold and silver. The new contracts are designed to give traders exposure to bullion price movements without requiring delivery of physical metals, mirroring a growing trend in crypto-native derivatives tied to traditional assets.
The options will be listed via Nest Exchange Limited, Binance's Abu Dhabi Global Market (ADGM) regulated Recognized Investment Exchange. Retail users can only buy options, while eligible institutional users and liquidity providers can write contracts, indicating that the platform is capping downside risk for retail traders.
This move follows Binance's introduction of gold and silver perpetual futures in January, which allowed traders to take leveraged directional bets on metal prices. The addition of options provides additional flexibility, enabling traders to hedge other positions or express expectations about volatility and price ranges.