Binance Dey Allow Write BTC, ETH, BNB & SOL Options with 20% Fee Cut

Binance don roll out options writing for Bitcoin, Ethereum, BNB and Solana contracts, make retail traders fit sell call and put options across im platform. Dis new options writing feature allow users make premium from spot holdings and manage downside risk. To celebrate di launch, Binance dey offer 20% discount on taker and maker fees for new BTC, ETH, BNB and SOL options. E still reduce thresholds for im Options Enhanced Program for institutional and high-volume traders. Volumes for BTC options market jump from $4.11 billion for 2020 to $138.76 billion by June 2025, increase by more than 3,200%. Jeff Li, Binance Product VP, talk say this move go expand di crypto derivatives tools, improve market liquidity and support more strategic trading. By adding options writing, Binance aim to enrich its derivatives ecosystem and attract both retail and institutional participants.
Bullish
By allowing options writing for BTC, ETH, BNB and SOL, Binance dey increase trading tools and market liquidity. Options writing fit attract investors wey dey find premium and hedgers, wey go boost demand and volume for the main assets. For short time, more trading activities and fee discounts fit support the price of the listed tokens. For long term, better derivatives infrastructure go encourage deeper market participation and stability, weh go back up positive trading feeling for these cryptocurrencies.