BIT said its U.S. stock options trading service will officially go live on July 24, adding a new product line focused on high-liquidity U.S. equities. At launch, the platform plans to cover about 2,000 underlying stocks and will initially support only options buyers, including Long Call and Long Put trades, while short opening positions will not be available.
On fees, BIT said options trading will carry zero commission on both buys and sells. The platform usage fee starts at $0.30 per contract, which it described as half the charge of comparable platforms. It also set a minimum charge of $0.99 per order, the same as U.S. stock trading on the platform, with no extra markup for options.
BIT said the maximum loss for option buyers is locked in at the premium paid at the time of order placement, which it said can help avoid blowout risk during extreme market moves. The company added that it plans to expand product coverage and trading methods over time, depending on risk-control system validation and market demand.
The company has also opened an early-bird promotion. Users who complete their first options trade or invite friends to participate can receive 30 days of free real-time options quotes, access to popular stocks and other rewards. BIT also warned that options trading involves risk and may result in the full loss of premiums paid.
BIT said its U.S. stock options trading service will officially launch on July 24.
On pricing, the company said U.S. stock options will carry zero commission on both buy and sell orders. Platform fees start at $0.30 per contract, which BIT said is half the cost charged by comparable platforms. The minimum charge is set at $0.99 per order, matching the fee for U.S. stock trading on the platform, with no added markup for options trades.
Initial rollout to cover about 2,000 high-liquidity U.S. stocks
According to BIT, the first phase will cover about 2,000 high-liquidity U.S. stock underlyings. The launch will prioritize buyer-side options trading, including Long Call and Long Put, while seller-side short opening positions will not be supported for now.
BIT said the maximum loss for buyers is fixed at the premium paid when the order is placed, which can help prevent blowout risk during extreme market conditions. The company added that it will gradually broaden product coverage and trading methods later, based on risk-control system validation and market demand.
Early-bird campaign is now live
BIT also said early-bird offers and trial benefits have opened at the same time. Users who complete their first options trade or invite friends to join can receive 30 days of free real-time options market data, popular stock access and other early-bird rewards.
The company said options trading involves risk and may lead to the full loss of the premium paid. Users are advised to use investment and financing tools according to their own investment goals and risk tolerance.
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