Fellow Binancians,
To allow users to optimize trading opportunities, Binance is launching the new Binance Options trading platform on 2022-09-13 (UTC), available on both the Binance Website and the Binance App. Binance will list ETH options at the launch, which are priced and settled in USDT.
Users may gain access to one of the lowest Options fees in the market (i.e. 0.02% transaction fees and 0.015% exercise fees) and deep liquidity via the new Binance Options trading platform.
Users only have to pay the required Options Premium to get the same exposure as holding an equivalent Futures or Spot position. As such, Binance Options are a great alternative for users to amplify trading results due to the lower capital requirements upfront.
Binance Options are priced and settled in USDT. This makes PNL calculations straightforward for investors even during periods of high volatility.
Binance will not impose adjustments on the strike prices of ETH Options in the event of a Fork. ETH Options listed before and after the Merge will follow standard settlement procedure and will be based on the USDT value of Proof-of-Stake ETH.
* Please Note: Binance reserves the right in its sole discretion to amend or change the Ethereum Merge Fork Policy, listing cycle and strike interval provisions as it deems appropriate.
For More Information:
Thanks for your support!
Binance Team
2022-09-09
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
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Binance reserves the right in its sole discretion to amend or change or cancel the products referred to in this announcement at any time and for any reasons without prior notice.
Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Options trading, in particular, is subject to high market risk and price volatility. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.