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What is Binance US?
Binance.US emerges as the American counterpart to the globally renowned Binance, the leading cryptocurrency exchange by trading volume. This separate entity was established to comply with U.S. regulations that restricted activities on the main exchange. Despite Binance retaining ownership and intellectual property rights, BAM Trading Services autonomously manages Binance.US. Distinct variations exist between the two platforms, encompassing deposit methods, liquidity, and trading fees.
Leadership and Founders of Binance.US
Launched in September 2019, Binance.US operates under the management of BAM Trading Services. At its helm is CEO Brian Shroder, a former executive director of Ant Group Co. and Uber Technologies Inc. Shroder, holding an MBA from Harvard Business School and dual BS degrees in Accountancy and Management from Miami University, leads the platform's strategic direction.
Location of Binance.US
Headquartered in Palo Alto, California, Binance.US strategically positions itself within the tech-centric landscape of Silicon Valley.
Restricted States and Availability
Binance.US extends its services to a majority of U.S. states but is unavailable in Hawaii, Texas, New York, and Vermont due to regulatory considerations.
Supported Cryptocurrencies on Binance.US
The platform facilitates trading with 120+ cryptocurrencies and boasts over 60 trading pairs, featuring prominent digital assets such as BTC, ETH, ADA, BCH, BNB, LINK, and LTC, among others.
Fee Structure of Binance.US
Distinguishing itself, Binance.US offers free Bitcoin trading, positioning itself as the sole major exchange providing this benefit in the U.S. Trading pairs fall into three tiers – "Tier 0," "Tier I," and "Tier II," with "Tier 0" pairs incurring 0% fees. Fees for "Tier I" and "Tier II" pairs are contingent on the user's VIP level, determined by their 30-day trading volume. Maker and taker fees exhibit variations based on the VIP level, with the option to receive a 25% fee discount when using BNB for payments.
Leverage and Margin Trading on Binance.US
Notably, Binance.US does not support futures trading or margin accounts, limiting users to traditional spot trading activities on the platform.
What are the trading fees on Binance US?
Distinguishing itself, Binance.US offers free Bitcoin trading, positioning itself as the sole major exchange providing this benefit in the U.S. Trading pairs fall into three tiers – "Tier 0," "Tier I," and "Tier II," with "Tier 0" pairs incurring 0% fees. Fees for "Tier I" and "Tier II" pairs are contingent on the user's VIP level, determined by their 30-day trading volume. Maker and taker fees exhibit variations based on the VIP level, with the option to receive a 25% fee discount when using BNB for payments.
Does Binance US offer leverage trading?
Notably, Binance.US does not support futures trading or margin accounts, limiting users to traditional spot trading activities on the platform.
When was Binance US established?
EXCHANGE was founded in .
Where is Binance US located?
Binance US is based in United Statess.
What is the volume of Binance US?
EXCHANGE has a trading volume of $ in the last 24 hours and $ in the last 7 days.
Is Binance US safe?
While many major CEXes boast stronger firewalls than most governments, history has witnessed numerous instances where exchanges have fallen victim to hacks, resulting in the loss of customer funds. DEXes are generally safer option as you have control over your funds at all times as long as blockchain is up and running. Its all based off contract code so you can clearly look whats behind the scenes, and how their contracts work.
Which coins can I buy through Binance US?
You can buy the following tokens/coins on Binance US:
What are the listed pairs on Binance US?
You can trade the following tokens/coins on Binance US:
Does have customer support?
Almost all exchanges provide customer support, but the quality, speed and continuity of this service varies from time to time depending on the budget conditions of the companies. We recommend that you experience the support service provided by the stock exchange by asking a question to the support section on its website.
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