BIT launches U.S. stock options trading

The rollout follows the addition of U.S. margin trading, with zero commissions on buy and sell orders, $0.30-per-contract platform fees, and an initial buyer-only options offering across about 2,000 U.S. equities.

USDT
USDC

Summary

BIT Brokerage said it has officially launched U.S. stock options trading, extending its U.S. equity derivatives lineup after previously adding U.S. margin trading services. The platform said it will charge zero commissions on both buy and sell orders as a standard feature, with platform fees of $0.30 per contract and a minimum transaction fee of $0.99 per order. The rollout begins with options on about 2,000 U.S. equities and is initially limited to buyer-only strategies, specifically long calls and long puts, while options selling and more complex strategies are slated for later phases subject to market conditions, user demand and risk-control validation. BIT said long options can be used for hedging or gaining exposure to market volatility with losses capped at the premium paid. The brokerage, part of BIT Group, said its broader U.S. stock platform covers more than 10,000 U.S.-listed stocks and ETFs and supports near-instant USDT and USDC deposits and withdrawals alongside traditional USD wire transfers.

Terms & Concepts
  • long calls and long puts: Options strategies that let investors buy upside or downside exposure while limiting loss to the premium paid.
  • hedging: Using a financial position to offset or reduce potential losses in an existing portfolio.
  • premium: The price paid to buy an options contract.