Bybit Brings Gold Options Trading to Crypto Markets

Bybit, a leading crypto exchange, has expanded its options trading capabilities by introducing USDT-settled contracts for Tether Gold (XAUT). This move allows traders to hedge risk and speculate on gold prices. The European-style options each represent one troy ounce of physical gold.

The partnership with Orbit Markets ensures deep liquidity and institutional-grade support for these new options, making them more accessible to a wider range of traders. Bybit's decision to bring traditional finance into the crypto space marks a significant step in blending the two markets.