Overview
- Binance rolled out European‑style options on gold and silver on Wednesday, July 29, 2026, through Nest Exchange Limited, its entity licensed by the Abu Dhabi Global Market.
- Contracts are cash‑settled in USDT and use a weighted benchmark built from multiple independent third‑party price feeds to determine settlement prices.
- Retail customers may buy call and put options but are barred from writing (selling) options; writing is restricted to the exchange and designated market makers to limit retail downside.
- Binance said the options follow the exchange’s USDT‑settled gold and silver perpetual futures launched in January, which hit peak daily volumes of $7.77 billion for gold and $7.27 billion for silver and created the liquidity the firm cited as a rationale.
- By offering regulated, crypto‑native commodity options and providing education and ADGM risk disclosures, Binance signals plans to expand the product suite and may consider limited retail writing later under stricter safeguards, a change that could widen retail access to metals exposure while capping direct loss risk.