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Binance Options Expands Options Writing Access Eligibility

Binance Options Expands Options Writing Access Eligibility

2023-09-27 10:55

Fellow Binancians,

Following feedback from the community, Binance Options is pleased to announce that we are now opening applications for Options writing access to more options traders. 

To apply for Options writing access, users must meet either of the following requirements, and write to futures-business@binance.com or contact their Key Account Coverage Team.

List of Requirements:

  • Have a Binance account that is VIP 1 or above; OR

  • Hold at least 100,000 USDT equivalent of assets in their master account

Binance Options will review all applications and contact successful applicants directly via email or Telegram within 30 days after receiving their applications. Eligible users may start writing options once their applications are approved.

Please note that Binance Options may contact users if more information is required, and submitting an application does not guarantee access to Options writing on Binance Options.

Terms & Conditions

  • Only verified‚Äč users will be eligible to apply for Options writing access. Please register here if you do not have a Binance account yet.

  • All asset holding amounts, trading volumes, and metrics related to the program are measured by Binance at its sole and absolute discretion. Binance reserves the rights to the review and final approval of users‚Äô access to Options writing, in line with its internal requirements.

  • Access to Options writing on Binance Options is only available to users who are enabled for Binance Options trading, and may not be available or may be restricted in certain jurisdictions or regions or to certain users, depending on legal and regulatory requirements.¬†¬†

    • Users are responsible for informing themselves about and observing any restrictions and/or requirements imposed with respect to the access to and use of Binance Options trading services in each country/region from which the services are accessed.¬†¬†

    • Binance reserves the right to change, modify or impose additional restrictions with respect to the access to and use of Binance Options trading services from time to time in its sole discretion at any time without notification.

  • Binance reserves the right to cancel or amend the aforementioned requirement(s) in applications for Options writing access at its sole discretion.

  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2023-09-27

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: 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.