Binance Expands Options Trading with US Stocks
Binance has expanded its offerings to include U.S. stock options on over 1,000 selected stocks and ETFs through its regulated broker-dealer Nest Trading Limited. This move complements the exchange's existing U.S. equities offering, which includes around 7,000 stocks and ETFs.
The addition of stock options builds on Binance's multi-asset platform, allowing users to access a broader range of products from a single account. Fees for these transactions are primarily paid in USDC, with support for other cryptocurrencies like BNB, USDT, USD1, and $U subject to availability.
According to Shunyet Jan, Head of Exchange and Trading at Binance, 'Stock options are an important next step in Binance's evolution into a fuller multi-asset platform.'