Binance, the world’s largest cryptocurrency exchange by trading volume, has opened a new chapter for retail traders by giving all verified users access to Bitcoin options writing.
This long-anticipated move marks a turning point in how everyday investors can engage with crypto derivatives, once a privilege reserved for professionals and institutions.
Notably, by making Bitcoin options writing accessible to the wider public, Binance is signaling a shift toward more inclusive, sophisticated, and income-generating trading opportunities in the rapidly evolving digital asset space.
What is Bitcoin options writing?
To understand the magnitude of this development, it’s important to grasp what Bitcoin options writing actually means.
In options trading, writing refers to the act of selling options contracts — either calls or puts. This means the trader is agreeing to take on the obligation of the contract if the buyer chooses to exercise it.
For instance, if a user writes a call option, they may be obligated to sell BTC at a certain price in the future. On the other hand, writing a put option could require them to buy BTC at a predetermined strike price. In return for this obligation, the option writer receives a premium upfront — essentially a form of income.
This strategy can be used to hedge positions, generate yield, or enter the market at favorable price levels.
With proper risk management, options writing offers a way to profit in both volatile and sideways markets.
Until now, Binance had restricted this functionality to high-net-worth clients or VIP-level users, creating a barrier that excluded the average retail trader.
Binance retail traders can now write Bitcoin options
With the policy change announced on August 4, 2025, Binance has now removed these restrictions.
Verified users worldwide can begin writing Bitcoin options through a simplified process. However, they must pass a brief suitability assessment and post margin collateral in USDT to cover potential obligations.
According to Binance Vice President of Product Jeff Li, the company is responding to surging demand from retail traders who want more control and more complex tools.
“Users around the world utilize Binance’s derivatives products for liquidity and hedging at highly competitive prices,” said Li. “As with traditional markets, accelerating crypto adoption will increase demand for more sophisticated liquidity tools.”
This expansion comes against the backdrop of explosive growth in the Bitcoin options market. In June 2020, global BTC options volume stood at $4.1 billion. By June 2025, that figure had surged to nearly $139 billion — an eye-popping increase of over 3,200%.
Clearly, interest in structured crypto strategies is no longer confined to institutions.
How the Bitcoin writing on Binance works
Binance’s Bitcoin options contracts are settled in USDT and based on the BTCUSDT spot index. Each contract represents one BTC and offers strikes ranging from ±0.05 to ±0.95 delta.
Traders can select from daily, weekly, monthly, or quarterly expiries, providing flexible options suited to various timeframes.
The exchange has also sweetened the deal with a 20% discount on maker and taker fees for all newly listed Bitcoin options contracts. This promotional offer, which includes ETH, BNB, and SOL options as well, has no confirmed end date.
For high-volume traders and institutions, Binance has rolled out an enhanced program featuring lower fees, easier qualification, and longer onboarding grace periods.
What Bitcoin traders should know
Although the ability to write options opens up new income opportunities, it comes with responsibility. Because writing options involves a financial obligation, Binance requires traders to post sufficient collateral in USDT.
The exchange has implemented a mandatory quiz to ensure that users understand the risks before activating the feature.
Nevertheless, the move signals growing confidence in retail traders’ maturity and appetite for advanced products. It also reflects Binance’s broader strategy to expand its derivatives ecosystem in line with global demand for more tailored, professional-grade trading tools.
For Bitcoin traders ready to go beyond the basics, the door is now open.