Binance, a leading crypto exchange, announced that it will be launching additional Bitcoin-Tether (BTCUSDT) and Ether-Tether (ETHUSDT) Daily Options on May 15th, 2023. Binance will make these options available at 8:00 UTC every day, provided that the expiration of a BTCUSDT and ETHUSDT Weekly, Monthly or Quarterly options contract does not take place on the same day.

These European-style options contracts will have a lifetime of three days, after which they will expire at 8:00 UTC. In terms of their specifications, they will conform to Binance's customary contract dimensions, with users having the option to choose their preferred leverage, lot size, and limit order size.

In an update, Binance noted that all discrepancies arising between the translations and the original, English-language version of the announcement will have to be interpreted in favor of the latter. This applies to conditions, notices, and overall meaning of the update.

In conclusion, Binance has once again solidified its position as a leader in the crypto exchange segment, by offering its customers additional options that allow them to manage their exposure to the BTCUSDT and ETHUSDT markets. With the launch of these options, Binance's users can benefit from even more trading flexibility, allowing them to adjust their portfolios to the ever-evolving cryptomarket.



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