Binance to List Bitcoin & Ethereum Options, But There’s A Catch

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Binance, the world’s leading crypto exchange, has announced the launch of Bitcoin and Ethereum options contracts settled in USDT. With the debut date set, these new offerings will feature a unique expiry date of November 8, 2024, and are structured as European-style options contracts. However amid this listing, there still remains a twist as their native token seems unattended to in the recent update.

Bitcoin & Ethereum Options Launch

The announcement details a significant expansion of its derivatives offerings. The platform is set to launch Bitcoin (BTC) and Ethereum (ETH) options contracts paired with Tether (USDT), marking a new milestone in its product lineup.

According to the announcement, Binance Options will conduct a special early listing of BTCUSDT and ETHUSDT options contracts on July 24, 2024, at 08:00 UTC. These contracts will have an expiration date of…

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