What is Binance US? The Complete Guide to America’s Crypto Exchange
Binance US is a regulated cryptocurrency exchange specifically designed for U.S. residents, offering secure trading of 150+ digital assets with lower fees than most competitors (0.1% spot trading fee). Launched in 2019, it’s the American partner of the global Binance platform.
🔍 Binance US vs Global Binance: Key Differences
| Feature | Binance US | Binance Global |
|---|---|---|
| Availability | Only 46 U.S. states* | Worldwide (excludes U.S.) |
| Supported Cryptos | 150+ | 350+ |
| Fiat Options | USD only | Multiple currencies |
| Regulatory Compliance | FinCEN-registered MSB | Varies by jurisdiction |
*Not available in CT, HI, ID, LA, NY, TX, VT
💰 Binance US Key Features
📈 Trading Options
- Spot trading (0.1% fee)
- OTC portal for large orders
- Staking (up to 10% APY)
🔒 Security Measures
- 98% cold storage
- 2FA enforcement
- FDIC-insured USD balances
💳 Payment Methods
- ACH transfers (no fee)
- Debit cards (4.5% fee)
- Wire transfers ($15 fee)
📝 How to Sign Up on Binance US (2024 Guide)
- Visit Binance.US
- Click “Register” and enter email/password
- Complete identity verification (KYC)
- Connect bank account via Plaid
- Deposit USD (minimum $10)
- Start trading cryptocurrencies
💡 Pro Tip: Enable “Advanced Trading” mode for lower fees (0.1% vs 0.5% in basic mode)
⚠️ Important Limitations
- ❌ No futures/derivatives trading (unlike global Binance)
- ❌ BNB token cannot be used for fee discounts
- ❌ Daily withdrawal limit: $1M (verified accounts)
- ❌ No Binance Visa card rewards program
Is Binance US Right For You?
Best for: U.S. beginners and intermediate traders who want low fees and a simple interface.
Not ideal for: Advanced traders needing margin trading or residents of restricted states.