![]() ![]() For instance, Binance.US assessed an Ethereum withdrawal fee of 0.004 and 0.0005 for Bitcoin.īinance.US has a similar fee structure to Binance. Debit card deposits incur a 4.5% fee.Ĭrypto withdrawal fees vary depending on the crypto coin you’re withdrawing. Users incur two types of fees on the Binance.US exchange, including:īinance.US doesn’t charge deposit or withdrawal fees for ACH bank transfers.ĭomestic wire transfers incur a flat deposit & withdrawal fee of $15, while international wires have a $35 withdrawal fee. Like its parent company, Binance.US charges low to no transaction fees. Here’s a rundown of the top Binance.US coins Since the site is dedicated to US users, USD is the only fiat currency supported on the platform. Crypto Assets On Binance.USīinance US supports more than 50 cryptocurrencies. To purchase cryptocurrency, load some USD into your account through an ACH bank transfer, wire transfer, or debit/credit card. You’ll be required to provide your Social Security Number (SSN), and your personal information, including your street address and identification document.Īfter verification, you’ll be ushered into your dashboard, where you can buy and sell crypto tokens of your choice or deposit and withdraw funds. US regulations require all users to follow KYC and AML rules before dealing with cryptocurrency. You’ll receive an SMS code that you should enter to proceed. Once you confirm your email and enter your phone number to enable 2-FA. You’ll receive a link to confirm your email and proceed. Simply enter your email address and password to start the registration process. You can also download and signup through the mobile app. To start trading on the Binance.US exchange, you’ll need to create an account and verify your identity. Set up recurring buys using dollar-cost averaging when short of time to monitor your crypto account.īinance.US is available to Americans 18+ years in 43 states and works pretty much like its parent company, Binance.Stake and earn rewards on your crypto coins and tokens.Binance mobile app with features to track prices and automate trades.Ease of use – offers basic, advanced, and OTC trading dashboards to accommodate different user experiences.No need to cash out to USD to buy a different crypto token Supports crypto-to-crypto trading on 50+ trading pairs.High processing speed, hence faster trades & exchanges.25% discount on trading fees paid with the BNB token.Extremely low transaction fees of 0.1% and below. ![]() Here’s a summary of features that make Binance.US knockout of the pack: Plus, Binance.US is unavailable in seven states, including New York, Connecticut, Texas, Hawaii, Vermont, Idaho, and Louisiana.īinance US is operated by BAM Trading Services. ![]() ![]() However, Binance offers over 300+ crypto tokens, while Binance.US supports only about 62 cryptocurrencies. Just like its parent company, Binance.US features low fees, a user-friendly interface, high-transaction speed, and supports a wide range of popular crypto assets in the market. Currently, it’s ranked as the 8th largest crypto exchange on CoinMarketCap, with a 24-hour trading volume of more than $2.5 billion. Since 2019, the Binance.US exchange has done pretty well. regulations and keep its US user base trading, Binance partnered with a U.S.-based affiliate of its platform, which birthed the Binance.US crypto exchange. in 2019 on regulatory grounds and stopped accepting American users. It was founded by Changpeng Zhao in 2017 in the Cayman Islands, Hong Kong.įollowing its launch, Binance spread like wildfire and became popular in the crypto community due to its low trading costs, wide crypto selection, friendly user interface, and the many trading options it offers to users. Based in San Francisco, Binance.US is the domestic version of the Binance exchange that caters to Binance’s users in the United States.īinance, the parent company, is the largest crypto exchange in the world by trading volume. ![]()
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