Binance will launch gold and silver European options, settled in USDT

Binance will launch gold and silver European options through the Nest Exchange regulated by ADGM, settled in USDT. Before the product launch, there has been strong demand for Binance's metal perpetual futures.

The new contracts are based on a benchmark composed of multiple third-party price sources. Retail investors can buy call and put options but cannot sell options, with their downside risk limited to the premiums paid. Binance stated that metal options are part of its plan to provide compliant, crypto-native traditional asset exposure. Binance plans to expand its options product line and may allow retail investors to sell options with limitations under stricter regulations.