Binance Brings Regulated Commodity Options to Crypto Traders

Binance has expanded its commodity offerings to include USDT-settled options tied to gold and silver prices. The launch allows retail users to buy calls and puts without owning the underlying metals, with one-day and one-week expirations available.

The European-style contracts are cash-settled in USDT and listed as XAUUSDT and XAGUSDT, with trading following the market hours of the underlying metals. The maximum loss for buyers is the premium paid, and long positions carry no liquidation risk.

Competition in commodity trading has been increasing, with crypto exchanges pushing into regulated markets. Binance's options launch extends this contest into a product often associated with sophisticated hedging and volatility trading.