Trade Binance Coin BNB Options on PowerTrade
We're excited to announce a new addition to our growing suite of options - Binance Coin (BNB). PowerTrade traders can now buy and sell BNB options.
What is Binance Coin (BNB)?
Binance Coin (BNB) is a cryptocurrency issued by the Binance exchange. BNB was originally an ERC-20 token on the Ethereum blockchain, but has since migrated to being a native coin on the Binance Chain. BNB is used for for payments and transactions across many different blockchain networks.
Why Trade BNB Options on PowerTrade
Power up your BNB trading with a host of benefits on PowerTrade:
- European Options: Linear European style BNB options with USDC premium and USDC cash settlement
- Strategies: Trade BNB strategies with up to 10 leg options structures in USD settled terms.
- Exit Liquidity: Order Book Liquidity for end-of-the-month expiration
- Fractional Contracts: Start trading BNB contracts with as little as $1.
- Multi-Collateral: With multi-collateral support, there's no need to have BNB in your account to trade. Use any spot-listed pair to fund your account.
- Portfolio Margin: Leverage our SPAN portfolio margin system for significant margin offset and control over your BNB positions.
- RFQ (Request-For-Quote): Execute block trades via our Request-for-quote (RFQ) interface, designed for single-leg and multi-leg trades---no minimum block size.
More Altcoin Options Coming Soon
The new BNB options listing is part of our ongoing commitment to provide the widest range of altcoin options in the market. Stay tuned for more listings coming soon.
Get BNB and Other Options Updates
Trade BNB Options on PowerTrade now
PowerTrade users can trade BNB options on their dashboard:
Not a PowerTrader yet? Sign up for an account and start trading BNB options for as little as $1.