The rollout covers an initial pool of 2,000 U.S. equities, focusing strictly on long positions. By limiting the offering to long calls and puts, the brokerage aims to provide investors with a mechanism for hedging portfolios or navigating volatility with capped downside risk. This phased strategy intentionally excludes short selling, prioritizing user education and risk management over speculative complexity.
In section Releases
BIT Brokerage Challenges Fee Structures with U.S. Options Launch
Trading options on U.S. equities just became cheaper for BIT Brokerage users, as the platform officially rolled out zero-commission buying for calls and puts. By setting contract fees at $0.30—roughly half the industry average—the firm is positioning its new derivatives suite as a cost-effective alternative to traditional retail brokers.
Elio Cui, Head of Brokerage at BIT, noted that the platform views these instruments primarily as risk management tools. The company plans to gradually introduce more advanced strategies and options selling, pending further validation of its internal risk control systems. Currently, the platform maintains a minimum transaction fee of $0.99 per order, matching its existing equity trading structure. BIT, which manages over $6 billion in assets, continues to distinguish itself by integrating stablecoin deposits alongside traditional USD wire transfers for its global user base.
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