Binance Enables BTC, ETH, BNB & SOL Options Writing with 20% Fee Cut
Binance has rolled out options writing for Bitcoin, Ethereum, BNB and Solana contracts, allowing retail traders to sell call and put options across its platform. This new options writing feature lets users earn premiums on spot holdings and manage downside risk. To celebrate the launch, Binance offers a 20% discount on taker and maker fees for new BTC, ETH, BNB and SOL options. It also reduces thresholds in its Options Enhanced Program for institutional and high-volume traders.
Volumes in the BTC options market surged from $4.11 billion in 2020 to $138.76 billion by June 2025, a jump of over 3,200%. Jeff Li, Binance’s Product VP, says the move expands its crypto derivatives tools, enhances market liquidity and supports more strategic trading. By adding options writing, Binance aims to enrich its derivatives ecosystem and attract both retail and institutional participants.
Bullish
By enabling options writing for BTC, ETH, BNB and SOL, Binance increases trading tools and market liquidity. Options writing can attract premium-seeking investors and hedgers, boosting demand and volumes in underlying assets. In the short term, increased trading activity and fee discounts may drive price support for the listed tokens. Over the long term, enhanced derivatives infrastructure fosters deeper market participation and stability, underpinning bullish sentiment for these cryptocurrencies.