Binance has introduced Binance Stock Options, allowing eligible users outside the U.S. to trade physically settled options on over 1,000 U.S. stocks and ETFs. This move expands the exchange's traditional finance offerings, enabling users to gain exposure to equities through a crypto-native platform.
This launch signifies a significant step in blurring the lines between cryptocurrency exchanges and traditional equity brokers, offering crypto-native users access to sophisticated equity derivatives and hedging tools within a familiar platform.
Binance has expanded its traditional finance offerings with the launch of Binance Stock Options, allowing eligible users outside the United States to trade physically settled options contracts on more than 1,000 U.S.-listed stocks and exchange-traded funds. The product, which went live on September 1, 2026, enables users to buy call and put options, with successful exercises resulting in the delivery of actual shares rather than a cash payout.
This new offering operates with Nest Trading Limited as the introducing broker and Alpaca Securities LLC as the U.S. clearing broker and custodian. Initially, the platform supports only long-only positions, meaning users can buy calls or puts but cannot write options. Orders are limit-only and must be funded from a dedicated Funding Account, alongside Spot and Flexible Earn balances, using supported currencies like USDC, USDT, USD1, U, and BNB. Trading hours align with U.S. options market times, from 9:30 a.m. to 4:00 p.m. ET for most stocks.
The physical settlement feature distinguishes these options from Binance's existing cash-settled gold and silver options. This allows a successful call option to convert into a long equity position within the user's account, shifting the risk profile from pure price exposure to actual balance-sheet ownership. Users can check for option availability on a stock's kline page by looking for an "Options" tab.
This launch is part of Binance's broader strategy to integrate traditional finance products into its platform. In June 2026, the exchange introduced direct trading of over 7,000 U.S. stocks and ETFs with zero commission and fractional shares. This was followed by the launch of bStocks, approved by ADGM as certificates on BNB Chain convertible 1:1 into underlying shares, and then cash-settled commodity options. Binance Stock Options now sit atop this integrated stack, aiming to provide a comprehensive financial ecosystem within a single account.