Listed Binance.US crypto exchange assetsīinance.US supports over 153 cryptocurrencies, but some notable assets are missing. This review covers everything you need to know about the US focused version of the cryptocurrency exchange. The result was Binance.US, which is run by BAM Trading Services with licenses from the original Binance platform. In 2019, regulations within the United States forced Binance to create an alternative for the country’s customers. Currently experiencing more than $2 billion per day in trade volume, the platform has grown considerably since its launch in 2017. You can not use Binance.US if you are a resident of Vermontīinance is among the largest cryptocurrency exchanges in existence. Binance.US is only available in 47 states. Binance.US users have complained that customer service at Binance.US is not very responsive. Binance.US isn’t available in Hawaii, New York, Texas and Hawaii. Binance.US allows you to trade with 1 currencies including USD. FinCEN is the peak body for regulating cryptocurrency exchanges in the US which requires Binance.US to comply with laws and regulations that are intended to provide certain protections for users. Complies with the Financial Crimes Enforcement Network regulations in the US.Anyone can audit its supply of digital assets. Binance.US’s cold wallet addresses are public. Transparency of digital asset reserves.While this is convenient, staking still has its own unique set of risks that you should consider before depositing assets. You can stake over 20 crypto assets via the Binance.US interface, preventing the need to use a blockchain and Web3 wallet yourself. Binance offers an array of trading and charting tools. On the downside, Binance.US has been reported to have insufficient customer support and the exchange is licensed to serve residents in all 50 US states. The platform is also known for its low trading fees that become even lower when you use Binance Coin (BNB) to pay for your trades.Īnd you can stake select crypto assets via Binance.US to earn a yield on them. Our take on Binance.USīinance.US is a subsidiary of Binance, the largest crypto exchange in the world by trading volume.īinance.US is best known for its large selection of altcoins even though Binance.US does not support as many altcoins as Binance. This action relates to separate business entities and it is not clear if it will impact the services of Binance.US. Binance has issued a preliminary response to the action. On 27 March the Commodity Futures Trading Commission (CFTC) filed a civil enforcement action alleging that Binance has wilfully evaded US federal law and is operating an illegal digital asset derivatives exchange. All international money transfer services.
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