Flexible payment options.
Excellent customer support.
Binance US is the American branch of the global cryptocurrency exchange - Binance. It was launched in September 2019 as a secure marketplace for trading digital assets (cryptocurrencies) for US-based customers. Changpeng Zhao, the creator of Binance, instituted Binance US after a regulatory ban was placed on the former as it was not a US company. Catherine Coley is the CEO of Binance US, and the company is headquartered in San Francisco, California. Binance US is operated very much like its “parent” platform- Binance, in terms of technology and specifications. Therefore it brings all the cutting-edge technology and world-class trading services to US customers while staying in compliance with US regulations. Binance US is believed to be a fast, safe, and reliable platform to buy, sell, and exchange cryptocurrencies.
Binance US functions like any other exchange; it offers popular services like buying, selling, and trading cryptocurrencies. High liquidity and low transaction fees are some of the features offered by Binance US. Buyers can also use credit or debit cards to buy cryptocurrencies. Initially, the exchange did not have transaction fees in order to attract more users to the platform.
US Dollar (USD)
Binance US is based in San Francisco and was created for exclusively serving US-based customers. Other countries may use Binance instead, the parent platform for buying, selling, and trading cryptocurrencies. Binance US is available everywhere in the US except for the following states:
❌ New York
“Binance US is still a work in progress. The exchange has significantly fewer crypto assets listed compared to Binance.com. That being stated, Blockfer recommends Binance US for American users. We expect the platform to continue to improve as more trading features and new assets are listed.” - www.blockfer.com
“Binance US offers even better customer service than the original. It’s based in the US, after all, where “the customer is always right.” - www.cryptomaniaks.com
“We expect Binance US to provide a solid support experience, following in the footsteps of the original exchange. Most issues seem to be fixed on the original Binance platform within 24 hours using their support ticketing system. If anything falls through there, a simple inquiry via one of their social media pages will tend to get it sorted!” - www.bitcoinprice.com
Binance US takes stringent measures to protect users from theft and hacking. It attributes the highest priority to security policy as followed by the parent company - Binance. It responded promptly to fight a major hack attempt in 2019 and overcame the setback with no loss to the customers. Binance US follows the regulations and rules followed by regulated exchanges, making it a safe choice for customers across the US.
Binance US is considered to be a safe exchange due to its multi-tiered security. It follows the same security procedures followed by the parent exchange.
Earlier, one could withdraw up to 2 BTC without any verification. However, the updated policy requires a two- factor verification at the registration phase. It is carried across every action in the platform, be it depositing, trading, or even changing a password.
Yes, users can transfer assets from one Binance account to another without any block confirmations and no transfer fees. Transferring money between accounts is instant, while withdrawals are done through the ‘withdraw’ tab, like any other cryptocurrency exchange.
Yes, there is a dedicated Binance US app for Android and iOS users.
Basic Verification: This is for crypto (USDT) trading only and has a daily withdrawal limit equivalent to 5000 USD. This requires no document; only basic personal details need to be entered. Advanced Verification: This is for crypto (USDT) trading only with a withdrawal limit of 1 million USD equivalent daily. One needs to complete basic verification and then upload the supporting identification documents.Fiat Verification: This is for USD deposits and withdrawals. One needs to fill out an online form and submit it for verification.
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