Binance.US Review (9.5/10⭐)



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Binance.US is the US-counterpart to its famous sister site and is available only to American customers. It's known for its low fees for spot trading, as well as its ease of use. With basic verification, you will be able to deposit and withdraw fiat currencies and cryptocurrencies. Binance.US' advanced verification will allow you to engage in staking, OTC trading, and even API trading. The site is ranked among the safest exchanges in the world, and this is extremely important in the world of crypto. It features 2-factor authentication and requires users to verify their identities with government-issued ID cards. Try Binance.US now, or continue below to learn more.


Serving the US with 125+ cryptocurrencies, low fees, and cutting-edge tech



Trade crypto in the United States just like you would on Binance.com!

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Background & Overview

 

Binance.US QR code
to scan with phone

Although Binance.US does not have as large a selection of cryptos as its parent site, it still gives American traders access to a very good selection of crypto pairs. In fact, it beats many other US exchanges in the amount of cryptocurrencies available to trade as well as the amount of pairings. Another benefit of this platform is that it offers high-speed trade execution. This feature is extremely useful for high-frequency traders. You can use the site for peer-to-peer trading or crypto-to-crypto trading.
Visit Binance.US now!

›› Not a customer yet? Register with Binance.US today, it's quick and simple!
 

Advantages at Binance.US

+ It charges very low fees for spot trading.
+ You can trade using a mobile app.
+ Users can earn staking rewards.
+ The site has a very high security rating.
+ Binance US is licensed in multiple US jurisdictions.
+ It is easy to use. 

Disadvantages

- The site excludes several states in the nation.
- It does not support margin trading.
- Users cannot engage in futures trading.
- You won't get access to as many cryptocurrencies as on Binance.com. 

KYC & Registration

Signing up to Binance United States is extremely easy. You only need to add your email address and password, after which you can confirm your age. You can take some time to read the terms of use, privacy policy, and biometric data policy. After setting up your account, you should verify your email and phone number. Binance US is a regulated crypto exchange, so you have to complete the KYC procedure. To do this, you have to enter the last four digits of your SSN and add details like your full name and residential address. If you wish, you can complete the advanced verification procedure. This involves uploading your government-issued ID card and sending a selfie.

 

Company Account

Corporate accounts can be opened on Binance.US. As to be expected, the sign-up process is a bit longer than for personal accounts and you'll be required to provide company information and documentation.

 

Leverage

Almost all crypto exchanges and trading platforms have it mentioned in their terms of service that US citizens and residents cannot perform crypto margin trading. Binance.US is no different.

 

Costs

▪ Rated at 9/10

Binance US has some of the lowest fees for buying, selling, and converting cryptocurrencies. With tier 0 pairs like Bitcoin, you will be able to make trades at 0% fees. For the rest of the cryptocurrencies, the fees are calculated based on your 30-day trading volume. Other factors that will determine the fees charged include the digital asset itself, the payment method used, the transaction type, and the market conditions. Depending on the tier of the cryptocurrency, the maker fees range from 0% to 0.03%. On the other hand, taker fees range from 0% to 0.45%. If you use BNB to pay for fees, you can qualify for a 25% discount.

 

Deposit Methods

▪ Rated at 9/10
Below you can see a list of the deposit methods available on Binance.US. Some of them may not be available in United States as it depends on regional regulation, but normally the most common payment methods are available across numerous countries.

There aren't a huge range of deposit methods available on Binance.US, however, you can deposit with crypto which opens up your options a fair bit. Fiat deposit methods include debit card and bank transfer and it's only USD. Read more about the deposit methods at Binance.US here.

 

Platforms

▪ Rated at 10/10
The following platforms are supported by Binance.US:


Binance.US QR code
to scan with phone

Like many platforms covered on Crypto Lists, Binance US has a user-friendly website. You can navigate to the main trading pages by clicking the 'Products' link on the top left corner of the page. The site displays the trading fees clearly, so you will always know in advance how much you should pay.

 

Automated Trading and Copy Trading

There is no robot or copy trading feature available on Binance.US unfortunately.

›› Get started with Crypto Auto Trading at Binance.US now. 

Languages supported

The following language is supported on Binance.US:

English

 

Broker Support

▪ Rated at 9/10

Binance US has a comprehensive 'Help' section, which covers some of the key subjects customers need to understand when using the site. But you don't have to just rely on this section. You can also contact the customer support agents by filling in the form on the support page. The agents respond to queries quite fast and are highly knowledgeable on how the crypto exchange works. You will also appreciate the fact that the agents communicate very clearly.

 

FAQ

Where can I register for Binance.US?

The best way is to open an account here and if you have any further questions you can get in touch with their support directly.

Is Binance.US a reliable crypto exchange?

Yes, this website is highly reliable as it is licensed in multiple jurisdictions of the USA. Its security standards are also extremely high. When you sign up on Binance US, make sure you enable 2-factor authentication.

How does the site earn money?

This website earns money by charging trading fees and through spreads.

Who started the exchange?

This platform was started by Binance and its USA partner BAM Trading Services. Its president and CEO is Brian Shroder.

Can I use Binance.US in the USA?

Although Binance itself isn't available to residents of the USA, Binance.US can be used in the nation. It has received licenses from several authorities in the USA and operates legally. However, some states have been excluded from the service. These are Hawaii, Texas, Vermont, New York.

 

History of Binance.US

2019: The American counterpart to Binance is launched on September 19.

2022: It officially opens its trading services to residents of Connecticut, which means it's now available in all but four states.

 

Instruments available

Find the full list of instruments available to trade at Binance.US here. Below you'll find the pairs that are available on Binance.US for you to trade freely. The U.S. platform offers users fewer cryptos and trading pairs than the global site, with 120+ assets, while the main exchange lists about 600.

▪ Rated at 9/10

Crypto Currencies

1INCH/USD, 1INCH/USDT, AAVE/USD, AAVE/USDT, ACH/USD, ACH/USDT, ALGO/USD, ALGO/USDT, ALGO/BUSD, TLM/USD, TLM/USDT, ALPINE/USD, ALPINE/USDT, FORTH/USD, FORTH/USDT, ANKR/USD, APE/USD, APE/USDT, API3/USD, API3/USDT, ANT/USD, ANT/USDT, ASTR/USD, ASTR/USDT, AUDIO/USD, AUDIO/USDT, REP/USD, REP/BUSD, AVAX/USD, AVAX/USDT, AXS/USD, AXS/USDT, BAL/USD, BAL/USDT, BNT/USD, BNT/USDT, BAND/USD, BAND/USDT, BOND/USD, BOND/USDT, BAT/USD, BAT/USDT, BICO/USD, BICO/USDT, BTC/USD, BTC/USDT, BTC/BUSD, BTC/USDC, BTC/UST, BCH/USD, BCH/USDT, BCH/BTC, BNB/USD, BNB/USDT, BNB/BUSD, BNB/BTC, BTRST/USD, BTRST/USDT, BUSD/USD, BUSD/USDT, ADA/USD, ADA/USDT, ADA/BUSD, ADA/BTC, CTSI/USD, CTSI/USDT, CELR/USD, CELR/USDT, CELO/USD, CELO/USDT, LINK/USD, LINK/USDT, LINK/BTC, CHZ/USD, CHZ/USDT, CLV/USD, CLV/USDT, COMP/USD, COMP/USDT, ATOM/USD, ATOM/USDT, ATOM/BTC, COTI/USD, COTI/USDT, CRV/USD, CRV/USDT, DAI/USD, DASH/USD, MANA/USD, MANA/USDT, MANA/BUSD, MANA/BTC, DGB/USD, DGB/USDT, DOGE/USD, DOGE/USDT, EGLD/USD, EGLD/USDT, ENJ/USD, ENJ/USDT, EOS/USD, EOS/USDT, EOS/BUSD, ETH/USD, ETH/USDT, ETH/BUSD, ETH/USDC, ETH/BTC, ETC/USD, ETC/USDT, ENS/USD, ENS/USDT, FTM/USD, FTM/USDT, PORTO/USD, PORTO/USDT, FET/USD, FET/USDT, FIL/USD, FIL/USDT, FLOW/USD, FLOW/USDT, FLUX/USD, FLUX/USDT, GALA/USD, GALA/USDT, GAL/USD, GAL/USDT, GTC/USD, GTC/USDT, GLM/USD, GLM/USDT, ONE/USD, ONE/USDT, ONE/BUSD, HBAR/USD, HBAR/BUSD, HNT/USD, HNT/USDT, ZEN/USD, ZEN/USDT, ICX/USD, RLC/USD, RLC/USDT, ILV/USD, ILV/USDT, IMX/USD, IMX/USDT, ICP/USD, ICP/USDT, IOTA/USD, JASMY/USD, JASMY/USDT, KDA/USD, KDA/USDT, KSHIB/SHIB, KSM/USD, KSM/USDT, KNC/USD, KNC/USDT, LAZIO/USD, LAZIO/USDT, LOKA/USD, LOKA/USDT, LDO/USD, LDO/USDT, LSK/USD, LSK/USDT, LTC/USD, LTC/USDT, LTC/BTC, LPT/USD, LPT/USDT, LPT/BUSD, LRC/USD, LRC/USDT, LRC/BTC, LTO/USD, LTO/USDT, MKR/USD, MKR/USDT, DAR/USD, DAR/USDT, ALICE/USD, ALICE/USDT, XNO/USD, NEAR/USD, NEAR/USDT, NEAR/BUSD, NEO/USD, NEO/USDT, NMR/USD, NMR/USDT, ROSE/USD, ROSE/USDT, OCEAN/USD, OCEAN/USDT, OMG/USD, OMG/USDT, OMG/BUSD, ONT/USD, ONT/USDT, OP/USD, OP/USDT, OXT/USD, OXT/USDT, OGN/USD, OGN/USDT, PAXG/USD, PAXG/USDT, DOT/USD, DOT/USDT, DOT/BTC, MATIC/USD, MATIC/USDT, MATIC/BUSD, MATIC/BTC, POLYX/USD, POLYX/USDT, POLYX/BUSD, POLYX/BTC, QTUM/USD, QTUM/USDT, QNT/USD, QNT/USDT, RAD/USD, RAD/USDT, RVN/USD, REEF/USD, REEF/USDT, REN/USD, REN/USDT, RNDR/USD, RNDR/USDT, REQ/USD, REQ/USDT, SANTOS/USD, SANTOS/USDT, SRM/USD, SRM/USDT, SHIB/USDT, SHIB/BUSD, KSHIB/USD, SKL/USD, SKL/USDT, SLP/USD, SLP/USDT, SOL/USD, SOL/USDT, SOL/BUSD, SOL/BTC, SPELL/USD, SPELL/USDT, XLM/USD, XLM/USDT, STORJ/USD, STORJ/USDT, RARE/USD, RARE/USDT, SUSHI/USD, SUSHI/USDT, SNX/USD, SNX/USDT, SYS/USD, SYS/USDT, USDT/USD, XTZ/USD, XTZ/BUSD, XTZ/BTC, GRT/USD, GRT/USDT, SAND/USD, SAND/USDT, THETA/USD, THETA/USDT, THETA/USD, THETA/USDT, T/USD, T/USDT, TUSD/USD, TUSD/USD, TRX/USD, TRX/USDT, TRX/BUSD, TRX/BTC, UNI/USD, UNI/USDT, UNI/BTC, USDC/USD, USDC/USDT, USDC/BUSD, VET/USD, VET/USDT, VTHO/USD, VTHO/USDT, VITE/USD, VITE/USDT, VOXEL/USD, VOXEL/USDT, WAVES/USD, WAXP/USD, WAXP/USDT, WBTC/BTC, YFI/USD, YFI/USDT, ZEC/USD, ZEC/USDT, ZIL/USD, ZIL/BUSD



Binance.US QR code
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Screenshots from Binance.US

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Related blockchain? Learn more about BNB Chain

BNB Chain is the blockchain that Binance.US relates to, so it's worth reading more about it below.

BNB blockchain, formerly known as Binance Smart Chain (BSC) and Binance Chain, makes an effort to merge in an attempt to get more decentralised. BNB chain has the appropriate architecture to empower its users to build decentralized applications and assets on one blockchain. Binance came to the scene in 2017. It later produces the Binance Smart Chain in May, 2020. The chain is smart contract compatible, and it has increased functionality for developers building solutions. BNB chain use the Binance Bridge to facilitate the cross-chain conversion of assets and are backed by tokens...

›› Read our full BNB Chain review here
BNB Chain is the evolution of the Binance Smart Chain (BSC) and Binance Chain.

Read the Binance.US Terms and Conditions here.
Binance.US Review Published: Friday, 4 Nov 2022 11:12 am
Last Updated: Tuesday, 22 Nov 2022 10:44 pm
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