Binance Rolls Out Gold and Silver Options Amid Record Trading Volumes
Binance, the world's largest digital asset exchange by volume, has introduced options on gold and silver after seeing billions of dollars in trading on perpetual futures tied to the metals.
The new options are going live today through Nest Exchange Limited, the company's Abu Dhabi Global Market (ADGM)-regulated exchange, and build directly on the strong demand for Binance's commodity perpetual futures, which have been available since January.
'We've seen strong demand for our commodity perpetuals since introducing them earlier this year,' said Shunyet Jan, head of exchange and trading at Binance. 'Commodity options build on that momentum. With gold hitting record highs and investors seeking inflation hedges outside traditional equities, Binance's commodity options offer users additional compliant, crypto-native ways to diversify without leaving the platform.'
The options are European-style and settled in USDT, referencing a weighted average of prices drawn from multiple independent third-party data vendors that report the traditional gold and silver markets.