- Binance is launching gold and silver options contracts, settled in USDT and run through its regulated Abu Dhabi venue, Nest Exchange.
- The contracts are European-style and buy-only for retail users, capping their maximum loss at the premium paid.
- It builds on strong demand for Binance’s gold and silver perpetual futures launched in January, arriving as both metals have seen historic price surges this year.
Binance announced that it will begin offering options contracts on gold and silver.
The largest crypto exchange in the world, which is also now doubling as one of the largest venues for products that have been historically offered in the TradFi domain, added the new option contracts to its roster.
The introduction also comes at a time when precious metals have become the most crowded trade in global markets, giving Binance users a taste of the market right from the same account and balance that they already use for crypto.
The exchange stated that contracts will be settled in USDT and run through Nest Exchange Limited, its regulated trading venue in Abu Dhabi.
What exactly is Binance launching?
The contracts are European style, which means they can only be exercised at expiry, and no metal changes hands. They settle in USDT instead of the physical metal.
Retail users can only buy options, and this caps their maximum loss at the premium paid and removes the liquidation risk attached to short positions. Eligible institutional users and approved liquidity providers can also write options, meaning that they can collect premiums upfront in exchange for taking on that risk themselves.
The trading activities will run from Sunday at 6 p.m. Eastern to Friday at 5 p.m. Eastern. Binance says that there will be a daily one-hour break, a window that tracks the sessions of the underlying metals markets.
Why is Binance expanding into commodities now?
Users have been trading Binance’s gold and silver perpetual futures since their launch in January 2026.
Those perpetuals reportedly reached a peak daily volume of $7.77 billion in gold and $7.27 billion in silver. That demand has built alongside a historic run in the metals themselves.
Shunyet Jan, Binance’s head of exchange and trading, said, “We’ve seen strong demand for our commodity perpetuals since introducing them earlier this year, and commodity options build on that momentum.”
Also, the metals have been on an historic run this year. Gold crossed $5,000 an ounce for the first time in January and rose as high as $5,600. Silver also went up alongside gold, touching its own record above $120 per ounce.
Jan alluded to this run, stating, “With gold hitting record highs and investors seeking inflation hedges outside traditional equities, Binance’s commodity options offer users additional compliant, crypto-native ways to diversify without leaving the platform.”
However, both metals are now trading below those highs, with gold currently trading at $4,044, while silver is trading around $57 in the commodities market.
Is Binance’s latest offering regulated?
Nest Exchange operates as a Recognized Investment Exchange (RIE) under the Financial Services Regulatory Authority of the Abu Dhabi Global Market (ADGM). This means it requires identity verification for individual and business users, sanctions screening, and ongoing market surveillance.
Binance says it will be providing education materials and risk disclosures consistent with that regulatory status.
According to Jan, “Binance is also showing traditional market products can be made more accessible through user-first crypto infrastructure.”
