Binance, the largest cryptocurrency exchange in the world, announced on Monday that it is opening access to Bitcoin
“Writing options” for all users. The measure is a direct response to a significant increase in retail demand for more strategic and sophisticated commercial tools.
The options are derived contracts that allow the buyer the right to buy or sell the underlying asset at a predetermined price on a specific date or before. A purchase option gives the right to buy and represents an upward bet in the market, while a sales option offers downward protection.
Writing options refer to sale or call, which is similar to offering insurance against bullish or bass price movements in the underlying asset. The writer (seller) It is compensated by the same in the form of an initial premium.
It is known that sophisticated cryptography holders write options to obtain additional performance on spot market holdings.
“Accelerating cryptographic adoption will increase the demand for more sophisticated liquidity tools and we are committed to building a more complete set of derived products to support our users.” Jeff Li, product vice president in Binance, commented on development.
Binance said it will maintain solid risk management controls, which requires that options of options approve a mandatory suitability evaluation and after the margin to guarantee their obligations.
The announcement occurs when the broader BTC options has seen an explosive growth, and the total negotiation volume rises more than 3200% of $ 4.11 billion in 2020 to $ 138.76 billion in June 2025, said Binance Press Conference shared with COINDESK.
By allowing a broader user base to write options, Binance aims to empower merchants to express market opinions, administer the risk, obtain initial premiums and implement strategies that go beyond the simple directional bets.
To celebrate the launch, Binance offers a 20% discount on Taker and Maker rates for all freshly listed options contracts, including Ether’s (Eth)BNB (BNB)and Solana
. The exchange is also improving its improved options for high -volume and institutional institutional merchants, offering lower rating thresholds and more attractive rates structures.
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