"Binance has officially launched stock options, bringing yet another core capability of traditional brokerage firms into crypto accounts. In the past, trading crypto, buying stocks, and doing options required moving funds across multiple platforms. Now, the same pool of funds can seamlessly switch between crypto assets, U.S. stocks, perpetual contracts, and options. The biggest difference between options buyers and contracts is that the maximum loss is determined at the time of opening a position, so you won’t get liquidated due to a sudden market swing. However, controlled risk doesn’t mean low risk—if you get the direction right but the timing wrong, the premium can still go to zero. Binance’s initial rollout covers over 1,000 U.S. stocks and ETFs, offering only buy-to-open calls and puts, with physical settlement. Trading supports limit orders only, with a fee of $0.60 per contract. Funds from spot, flexible savings, and other accounts can be used, and payments can be made using assets like USDT, USDC, and BNB. Orders are routed via Nest Trading, while Alpaca handles execution, clearing, and custody. Important note: In-the-money options don’t automatically exercise at expiration. Users must submit instructions in advance. For call options, you’ll need to prepare enough cash equal to ‘strike price × 100 × number of contracts.’ Otherwise, even if the option is in-the-money, it may expire due to failed settlement. Currently, there are no sell-side or combination strategies available, so this is more of a simplified version. But with spot handling holdings, perpetuals providing leverage, and options enabling hedging, Binance’s cross-asset toolbox is becoming increasingly complete. Once sell-side strategies and combo orders are added, the pressure might not just be on other crypto exchanges anymore." #Binance #CryptoTrading #StockOptions #USDT #USDC #BNB #NestTrading #Alpaca