Can the Solana Options Launch on Binance Boost SOL to New Highs?

Quick Summary:

Binance, the largest centralized crypto exchange by volume, has announced the launch of Solana — SOL/USDT —options on its Options Trading platform, starting from November 12.

Notably, these options are MiCA-compliant, European-based contracts, meaning they can only be exercised on the expiration date.

Solana hit its all-time high (ATH) of $260 on November 6, 2021.

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Article Details

Author / Journalist: Pratiksha

Category: Crypto

Markets: United Arab Emirates

Topics: Altcoin News SOL Solana Altcoin Binance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 13:45:44 (17 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 386 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23464499

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 33 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

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Publisher ID: #125

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