Key Ideas: The new Binance options trading platform is designed with the simplification of options trading through its intuitive user interface in mind. We have prepared a simple guide to walk you through the Binance options trading process. Within minutes, you'll learn how to buy call and put options to create an options trading strategy. Options trading is often thought of as complicated or "for professionals only." Binance seeks to simplify options trading to lower the barrier to entry for traders regardless of their experience. Binance has put a lot of effort over the past few years to make crypto derivatives trading opportunities available to the largest number of users. The Binance app and desktop client allow users to trade anytime, anywhere. Through one integrated interface, traders can track price movements across multiple markets, including spot trading, futures, and now options. Binance's new options trading platform allows traders to predict market direction or protect their portfolios from volatility with the reassurance of maximum loss. They may be charged on the value of the paid options contract. Let's explore how you can start trading Binance Options today!How to Trade Binance OptionsStep 1 - Go to Binance and click [Log In], or [Register] if you don't have an account yet.Step 2 - After logging in, click [Derivatives] - [Options]. Step 3 - Click [Register Now] to open a Binance Options account. Step 4 - Click [Transfer] to add funds to your options wallet. Step 5 - Select the [Buy] or [Sell] option available to open a trade. Note that call options give the owner the right, but not the obligation, to buy the underlying asset at an agreed upon date and time, while put options give the right to sell the underlying asset. Step 6 - Once the buy or sell option is selected, the [Trading Panel] will be enabled. You can also click on the arrow to check more market details or click on the price action chart icon to switch to the trading interface. Step 7 - Select [Order Type], enter [Price] and [Amount], and click [Buy] to open a trade. Step 8 - To close the trade, you have the option to: hold until expiration; Switch to [Close] mode in the trading panel, select [Order Type], enter [Price] and [Amount], and click [Sell]; Or click [Close] directly under [Trades]. ConclusionNow that we've explained how to trade Binance options, why not give it a try? Binance Options give you the right, but not the obligation, to buy or sell an underlying cryptocurrency at an agreed-upon price and a pre-determined date. By paying only the requested options price, you will get the same exposure as holding an equivalent spot or futures position. With low capital requirements, and predetermined losses limited to the options price, Binance Options are a great alternative to enhance your trading profits and grow your investment portfolio. For more information about Binance Options, please read the following useful articles:(Frequently Asked Questions) Introduction to Binance Options(Frequently Asked Questions) What is Options Trading?(Frequently Asked Questions) Binance Options Contract Specifications(Frequently Asked Questions) Fair Prices and Trade Limits In Binance Options(FAQ) Binance Options Trading Fees and many more FAQ topics about Binance Options… Risk Warning: Digital asset prices can be volatile. The value of your investments may increase or decrease, and you may not get back the value of the amount invested. You are solely responsible for your investment decisions and Binance is not responsible for any losses you may incur. Futures trading, specifically, is subject to high market risk and price volatility. Your entire borrowing balance may be liquidated in the event of severe price fluctuations. Past performance is not a reliable indicator of future performance. Before commencing trading, you must make an independent assessment of the feasibility of executing the transaction in light of the objectives and circumstances appropriate to you, and this assessment must include potential risks and gains. We also advise you to consult specialists whose opinion you trust, if necessary. The information contained here should not be considered financial or investment advice. To learn more about how to protect yourself, please visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.