Company Overviewīinance.US offers over 120 cryptocurrencies and is not available to users in Hawaii, New York, Texas, and Vermont.
This article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies nor can the accuracy or timeliness of the information be guaranteed. Consult with a qualified professional before making any financial decisions. Investing in cryptocurrencies, Decentralized Finance (DeFi), and other Initial Coin Offerings (ICOs) is highly risky and speculative, and the markets can be extremely volatile. This exchange offers some of the lowest trading fees available and discounts for high-volume traders. Users on the platform can buy, sell, trade, convert and stake over 120 popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA). partner BAM Trading Services, Binance.US is a cryptocurrency exchange for residents of the United States. Limited selection of assets: Even though Binance.US supports 120+ cryptocurrencies, some competitors offer a larger selection.Ĭreated by Binance and its U.S.
BINANCE VS BINANCE US VERIFICATION
Lengthy identity verification process: You can’t buy, sell, or trade on Binance.US until your identity is verified, and the verification process can take several days.Trading fee discounts available: Users who hold Build and Build (BNB) can get a 25% trading fee discount.Educational resources available: Those interested in learning about crypto and blockchain can access the Binance.US Blog, which offers educational videos and articles for traders of all experience levels.This platform’s fees are very low compared to the competition. Low trading fees: Maker/taker fees on Binance.US range from 0% to.Therefore, unless user terms specify otherwise, investors with cryptocurrency assets commingled on a custodial cryptocurrency exchange could potentially lose their funds as unsecured creditors. Unlike traditional brokerage firms, cryptocurrency exchanges are not members of the Securities Investor Protection Corp.
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