Home Binance Expands Into Traditional Markets With Gold & Silver Options

Binance Expands Into Traditional Markets With Gold & Silver Options

Share
Binance Expands Into Traditional Markets With Gold & Silver Options
News
Share

Binance will launch USDT-settled options on gold and silver through its Abu Dhabi-regulated exchange, expanding its lineup of traditional financial products alongside cryptocurrencies.

Without accepting delivery of the actual metals, the options provide traders exposure to changes in the price of gold and silver.

Only options will be available to retail users, but contracts may also be written by qualified institutional users and liquidity providers. Binance claims that while qualified institutional participants can write options to earn premiums, limiting ordinary users to purchasing options reduces downside risk to the premium paid.

With the debut, Binance increases regulated access to conventional assets through crypto-native trading products, building on its January introduction of gold and silver perpetual futures.

The new alternatives offered by Binance expand the selection of cryptocurrency goods tied to commodities. Companies like Tether and Paxos have concentrated on tokenizing actual bullion, while the exchange offers derivatives linked to the values of gold and silver.

In an effort to increase acceptance among Islamic financial institutions, Amanah Advisors has certified Tether’s XAUt, which stands for one troy ounce of gold kept in Swiss vaults, as Shariah compliant.

Additionally, earlier this month, ADGM acknowledged XAUt as a recognized spot commodity, enabling regulated companies to provide services associated with the tokenized gold asset.

The distributed value of the tokenized commodities market has increased to over $4.56 billion, with Tether Gold and Paxos Gold holding over 90% of the market, according to RWA.xyz.

 

 

Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

Robinhood Reports Strong Earnings Despite Drop In Crypto Revenue
News

Robinhood Reports Strong Earnings Despite Drop In Crypto Revenue

Despite a notable drop in bitcoin trading profits, Robinhood reported yet another impressive financial quarter with rapid increases in sales and profit....

Binance Expands Into Traditional Markets With Gold & Silver Options
News

Binance Expands Into Traditional Markets With Gold & Silver Options

Binance will launch USDT-settled options on gold and silver through its Abu Dhabi-regulated exchange, expanding its lineup of traditional financial products alongside...

White House Crypto Advisor Patrick Witt Says Banks Oppose CLARITY Act Despite Stablecoin Interest Ban
News

White House Crypto Advisor Patrick Witt Says Banks Oppose CLARITY Act Despite Stablecoin Interest Ban

Patrick Witt has criticized U.S. banks after 134 banking executives and leaders urged the Senate to revise the CLARITY Act’s stablecoin provisions....

Galaxy Digital, MARA Expand Texas Footprint As Ionic Digital Makes Strong Nasdaq Debut
News

Galaxy Digital, MARA Expand Texas Footprint As Ionic Digital Makes Strong Nasdaq Debut

Through significant land purchases centered on artificial intelligence (AI), high-performance computing (HPC), and Bitcoin mining infrastructure, Galaxy Digital and MARA Holdings are...

Related Articles

Must-watch AI Tokens In 2026

Don’t you think Artificial Intelligence (AI) has become one of the biggest...

Narrative Rotation Playbook: How Traders Spot The Next Hot Sector Early

Crypto does not usually move in a straight line. It moves in...

5 Best Ways To Monetize Your Idle Crypto Via Liquid Staking

Imagine you have been holding Ethereum for years. You think its price...

How To Start An AI Faceless YouTube Channel & Get Monetized

Do you want to make money from YouTube, but you don’t make...