Binance Introduces Options Trading for U.S. Stocks and ETFs
- Binance has launched options for stocks and ETFs in the U.S., initially supporting long call and put strategies.
- Contracts are physically settled, with underlying shares held by Alpaca on behalf of users.
- Trading fees are set at $0.06, and only limit orders are accepted at this stage.
- Payments can be made using various currencies including USDC, USDT, BNB, and others from existing wallets.
- Trading hours align with the U.S. options market, operating from 9:30 a.m. to 4 p.m. Eastern Time.
The launch of options trading reflects Binance’s strategy to integrate crypto with traditional financial instruments on a single platform, enhancing multi-asset trading capabilities.
With this new offering, Binance allows users to engage in options trading while limiting their maximum loss to the premium paid for the contracts.(Source)
