Binance lets retail trade gold, silver options in Abu Dhabi

European-style options can only be exercised at expiry. Traders are making a single bet on where gold or silver will be at a specific future date.

Binance built in a notable restriction. Retail traders can buy calls and puts, but they cannot write, or sell, options. Only dedicated market makers handle the writing side.

Writing options exposes the seller to theoretically unlimited losses on the call side. By prohibiting retail participants from that role, Binance caps their maximum downside to the premium paid for each contract. The company said it may eventually allow limited retail writing under more stringent regulatory conditions.

Nest Exchange received comprehensive licenses under the ADGM framework in December 2025. That licensing is what makes the launch possible.

For traders already using Binance's gold and silver perpetuals, the options add a defined-risk way to bet on direction. For traditional commodity traders, it is another bridge between digital-asset infrastructure and physical markets, settled in a stablecoin rather than dollars.