Binance unveils European-style Vanilla Bitcoin options
Popular cryptocurrency exchange, Binance, has announced the launch of its European-style Bitcoin options contract, a move that puts the exchange in direct competition against Deribit. Deribit is one of the leading exchanges offering crypto options trading. The launch is coming after a successful testnet that happened back in November. According to its press release, Binance noted that the new options contract will be priced and settled in USDT. Meanwhile, the company also rec