Binance Launches Gold and Silver European-Style Options, with Daily Trading Volume of Both Gold and Silver Perpetual Swaps Surpassing $7 Billion

BlockBeats News, July 29, Binance launched gold and silver European options on its Nest Exchange, regulated by the Abu Dhabi Global Market (ADGM), with contracts settled in USDT.

Previously, Binance's gold and silver perpetual futures contracts saw strong demand, with peak daily trading volumes reaching $77.7 billion and $72.7 billion, respectively. The new options are open to retail investors for buying both call and put options but do not allow retail investors to sell options; only the exchange and designated market makers are allowed to be sellers.