Binance to List Options Contracts for Litecoin
Cryptocurrency exchange Binance will offer options contracts for the world’s seventh-largest cryptocurrency, litecoin. According to a blog post on Tuesday, the litecoin contracts will go live on Wednesday at 07:00 UTC. A Binance representative told CoinDesk via email the latest listing comes in response to “user demand,” adding that options are an “important hedging tool, especially during a market rally.”