Binance Opens Ether Options Writing to All Users
Binance is seeking fresh liquidity through faster execution, deeper market data, plus VIP fee discounts.
Overview
- Access to selling ETH options requires posted margin and a mandatory suitability assessment to manage risk.
- Binance upgraded its options infrastructure with higher API throughput, lower latency, expanded strike ranges, and deeper WebSocket market data.
- VIP users receive a 20% discount on taker and maker fees for newly listed ETH, BTC, BNB, and SOL options contracts to spur immediate activity.
- The move extends Binance’s earlier expansion of bitcoin options writing from professionals to a broader user base.
- Binance frames the launch as meeting rising demand from retail and institutions, with reports noting BlackRock’s IBIT options outpaced Deribit’s BTC options volumes earlier this year.