Binance to List BTCUSDT and ETHUSDT Options with November 2024 Expiry

The post Binance to List BTCUSDT and ETHUSDT Options with November 2024 Expiry appeared on BitcoinEthereumNews.com. Peter Zhang Jul 23, 2024 04:42 Binance announces the early listing of BTCUSDT and ETHUSDT options with a November 2024 expiry date, starting July 24, 2024. Binance, one of the world’s leading cryptocurrency exchanges, has announced the early listing of BTCUSDT and ETHUSDT options, set to expire on November 8, 2024. According to Binance, these options will be available for trading starting July 24, 2024, at 08:00 UTC. Details of the Listing The upcoming listing includes European-style options contracts, which can only be exercised at expiration. This provides traders with a new opportunity to engage in options trading with two of the most popular cryptocurrency pairs, BTCUSDT and ETHUSDT. Key Considerations Binance has highlighted several important points for users to keep in mind: These options contracts are European-style, meaning they can only be exercised at the expiration date. Users should refer to the Binance Options Contract Specifications for detailed information on the options. Discrepancies may exist between translated versions and the original English article, and users are advised to consult the original version for the most accurate information. The announcement also comes with a disclaimer about the inherent risks in trading digital assets. Binance emphasizes that digital asset prices can be highly volatile, and options trading involves significant market risk. Users are urged to perform independent assessments and consult financial advisers before engaging in options trading. Market Context This move by Binance is seen as part of the broader trend of expanding derivatives offerings in the cryptocurrency market. The demand for more sophisticated trading instruments has been growing, and exchanges like Binance are making strides to meet this demand. The introduction of these options contracts could potentially attract a new segment of traders looking to hedge their positions or speculate on price movements with greater flexibility. Binance’s decision to list…

Jul 23, 2024 - 22:00
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Binance to List BTCUSDT and ETHUSDT Options with November 2024 Expiry

The post Binance to List BTCUSDT and ETHUSDT Options with November 2024 Expiry appeared on BitcoinEthereumNews.com.

Peter Zhang Jul 23, 2024 04:42 Binance announces the early listing of BTCUSDT and ETHUSDT options with a November 2024 expiry date, starting July 24, 2024. Binance, one of the world’s leading cryptocurrency exchanges, has announced the early listing of BTCUSDT and ETHUSDT options, set to expire on November 8, 2024. According to Binance, these options will be available for trading starting July 24, 2024, at 08:00 UTC. Details of the Listing The upcoming listing includes European-style options contracts, which can only be exercised at expiration. This provides traders with a new opportunity to engage in options trading with two of the most popular cryptocurrency pairs, BTCUSDT and ETHUSDT. Key Considerations Binance has highlighted several important points for users to keep in mind: These options contracts are European-style, meaning they can only be exercised at the expiration date. Users should refer to the Binance Options Contract Specifications for detailed information on the options. Discrepancies may exist between translated versions and the original English article, and users are advised to consult the original version for the most accurate information. The announcement also comes with a disclaimer about the inherent risks in trading digital assets. Binance emphasizes that digital asset prices can be highly volatile, and options trading involves significant market risk. Users are urged to perform independent assessments and consult financial advisers before engaging in options trading. Market Context This move by Binance is seen as part of the broader trend of expanding derivatives offerings in the cryptocurrency market. The demand for more sophisticated trading instruments has been growing, and exchanges like Binance are making strides to meet this demand. The introduction of these options contracts could potentially attract a new segment of traders looking to hedge their positions or speculate on price movements with greater flexibility. Binance’s decision to list…

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