Binance Launches Bitcoin Options Writing for All Users
Binance has announced the opening of access to bitcoin (BTC) options writing for all users, responding to increased retail demand for advanced trading tools. Key points include:
- Options allow buyers to purchase or sell assets at a predetermined price.
- Writing options involves selling calls or puts, providing insurance against market movements.
- This strategy allows crypto holders to earn yield on their spot holdings.
- Binance will enforce risk management controls, including a mandatory suitability assessment and margin requirements for options writers.
- The BTC options market saw a growth in trading volume from $4.11 billion in 2020 to $138.76 billion by June 2025, reflecting significant market interest.
- Binance aims to help traders manage risk and implement diverse strategies.
- A 20% discount on Taker and Maker fees is offered for newly listed options contracts, including those for https://holder.io/coins/eth/, https://holder.io/coins/bnb/, and https://holder.io/coins/sol/.
- Improvements to the Options Enhanced Program will benefit high-volume and institutional traders.