Binance, the leading crypto exchange by trading volume, has just made it possible for everyone to earn a passive-like income through ether options, opening up a strategy once limited to pros.
The exchange announced in a press release that it is allowing users to write (sell) ether options, helping them effectively manage risk and generate extra income. This decision responds to increasing demand from both retail and institutional investors for advanced derivative trading tools.
The announcement builds on Binance’s move to democratize bitcoin options writing and mirrors the explosive demand for BTC, ETH, and ETF-based instruments.
To incentivize immediate liquidity, Binance is also rolling out a steep 20% discount on both Taker and Maker fees for VIP users across its newly listed ETH, BTC, BNB, and SOL contracts.
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