CoinDesk·3 min read·medium
Binance offers gold and silver options after commodity futures pull in billions in daily volume
O
Omkar Godbole
✦AI Summary
Binance has launched gold and silver options trading through its ADGM-regulated platform, following high demand for its existing commodity perpetual futures. This move allows crypto users to hedge against inflation and diversify portfolios using derivative contracts.
Look no further than Binance, the world’s largest digital asset exchange by volume. After seeing billions of dollars in trading on perpetual futures tied to gold and silver, the exchange on Wednesday rolled out options on the same two metals.
businesscryptoeconomy
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