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Binance expands into precious metals with gold, silver futures settled in USDT

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 128 Views

Binance launched gold and silver perpetual futures settled in USDT, expanding crypto-denominated access to precious metals markets.

Binance launched new perpetual futures contracts tied to gold and silver, expanding the crypto exchange’s derivatives offering beyond digital assets as demand grows for exposure to traditional safe-haven markets.

Binance said Thursday it had introduced gold and silver perpetual futures that allow investors to trade the metals around the clock without an expiration date.

The contracts are settled in Tether’s USDt (USDT) stablecoin, giving traders onchain access to price movements in precious metals rather than direct ownership of the underlying assets.

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