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Binance Offers Gold, Silver Options Through ADGM Exchange

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Binance has expanded its offerings in traditional financial products by launching USDT-settled options on gold and silver through its Abu Dhabi-regulated exchange.

The contracts will be listed through Nest Exchange Limited, Binance's Abu Dhabi Global Market-regulated Recognized Investment Exchange (ADGM).

Retail users will only be able to buy options, while eligible institutional users and liquidity providers can also write contracts. This restriction limits downside risk to the premium paid by retail users, allowing them to gain exposure to movements in gold and silver prices without taking delivery of the underlying metals.

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