Binance is stepping up its TradFi game, rolling out physically settled options on more than 1,000 US stocks and exchange-traded funds (ETFs). The new feature is available to eligible users outside the US, letting them trade these options straight from a single Binance account.

What’s New

This launch gives traders access to options on a huge range of American stocks and ETFs. Unlike cash-settled contracts, these are physically settled—meaning you actually get the underlying asset at expiry. Everything’s managed from your main Binance account, making it easy to keep track.

Who Can Use It

These options are open to non-US users who meet Binance’s eligibility requirements. The exchange isn’t sharing the full list of supported countries or all participation details, but the product is strictly for users outside the United States.

Why Binance Is Doing This

This move expands Binance’s suite of traditional financial products and pushes its mission to bridge crypto and classic capital markets. For traders, it means you can play derivatives on US stocks and ETFs without bouncing between different infrastructure providers.

Physically Settled: What’s the Deal?

Physically settled options mean contracts are fulfilled by delivering the actual underlying asset—not just paying out the price difference. This setup is closer to spot ownership and is a big deal for anyone who wants options as a path to holding the real stocks or ETF shares themselves.