Flash News

Binance provides options to users outside the United States with 1,000 United States shares linked to ETF

Binance began to offer options to users outside the United States, linked to over 1,000 United States equities and ETFs. Related services are provided through its Abu Dhabi entity, Nest Trading Limited, and in cooperation with the United States registered broker Alpaca Securities LLC, which is responsible for order execution, liquidation and hosting. The head of the Binance Trading and Exchange, Shunyet Jan, indicated that the demand for traditional asset-related products in encryption infrastructure was increasing. Binance data show that the monthly turnover of its traditional assets for renewal has increased from about $30 billion in January to about $445 billion in July, an increase of about 15 times. According to Jan, options provide a clear maturity date and a more accurate risk exposure than a permanent contract, and there is no mandatory silo mechanism that leverages the same form of contract renewal。

OKX - Unlock Rewards