As of August 4, 2025, cryptocurrency exchange Binance has opened Bitcoin options writing to all users, allowing both retail and institutional participants to engage in options trading for better risk management.
Impact on Investors
The expansion to all users was announced on Binance’s official blog and support portal, with technical instructions available for activating short selling through the 'Long/Short Mode' account setting. This initiative impacts both retail investors and large-scale traders, creating broader access to options contracts and advanced derivatives. The offering includes promotional trading fee discounts on Bitcoin, Ethereum, Binance Coin, and Solana options.
Financial repercussions are significant, with Bitcoin options trading volume reaching $138.76 billion in June 2025 — a substantial increase from previous figures. The broader access to advanced trading tools may spur even more activity in the crypto derivatives market.
Future Considerations
Long-term effects include the potential increase in market volatility, as historically seen when options products are democratized. With the launch of Bitcoin options writing for all users, Binance is committed to meeting the demands of its growing user base and enhancing market liquidity. As options for Bitcoin, Ethereum, and related assets expand, we could witness greater liquidity and potentially higher volatility spikes.
Binance's Strategic Initiatives
Jeff Li, VP of Product at Binance, emphasized the demand for more sophisticated trading tools amidst accelerating crypto adoption. He noted that the expansion will cater to growing retail demand while enhancing overall market liquidity. Li also stated, “Users around the world utilize Binance’s derivatives products for liquidity and hedging at highly-competitive prices, and our Bitcoin options products will meet the growing retail demand for more and better trading tools.”
Thus, the expansion of Bitcoin options writing to all users by Binance highlights the development and increasing expectations of the crypto derivatives market, providing access to more complex trading strategies.