On Binance.US, users can buy digital assets with a debit card, convert one cryptocurrency to another, buy cryptocurrency with US dollars, and do trades with the app. Although Binance might own a stake in the new company, the two are separate legal entities that make independent decisions. On September 18, 2019, Binance announced that Binance.US began operating and is functional in most U.S. In light of this closure, it partnered with BAM Trading Services to open a different company that will operate only in America. There may be a few concerns about its customer support methods.ĭue to government scrutiny and tax problems, Binance had to stop doing business in the United States in 2019.It is suitable for amateur and professional traders.Users enjoy low fees, compared with other cryptocurrency exchanges.Only residents of the United States can use the trading platform.Binance.US is a separate exchange from Binance.
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This Binance.US review will explain in detail the products it offers, how to use them, how it compares with other exchanges, and whether Binance.US is a good option for you. This is due to regulatory constraints, and the fact that it's an entirely separate company with different technology that was built in 2019 compared with Binance, which launched in 2017.Īlthough Binance.US is more limited in its features and supported cryptocurrencies, you can feel more assured by the fact that it is under very close US-based scrutiny, making it a safer option for most US-based investors. Even though Binance.US doesn't have as many features as its parent company, Binance, the trading platform has a good number of products.īinance.US has far more limited features than its parent company, Binance. dollar, Tether (USDT), Binance USD (BUSD), and BTC. It offers about 150 cryptocurrencies you can buy using the U.S. Binance.US is a popular cryptocurrency exchange where traders from the United States can buy, sell, and trade digital assets.
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