Binance.US review

Binance.US supported cryptocurrencies

Binance.US offers an impressive lineup of 153 different cryptocurrencies, from well-known giants like Bitcoin and Ethereum to a diverse array of intriguing altcoins. With 166 trading pairs available, you have a wealth of opportunities to explore and trade.

Binance.US supported fiat

Binance.US makes it easy for everyone by supporting a variety of fiat currencies like USD. This means you can deposit and withdraw funds in your local currency without any hassle.

Binance.US deposit and withdrawal methods

Binance.US currently focuses on crypto transactions, as USD deposits and withdrawals are paused. To move funds, you'll need to convert USD into stablecoins like USDT. You can easily deposit through crypto transfers or use third-party services like debit cards, Apple Pay, or Google Pay. Keep in mind that if you deposit via ACH, there’s a 7-day hold before you can withdraw or convert those funds to crypto. This helps ensure everything is processed securely before funds are available.

Binance.US loans

Binance.US doesn't currently provide loan services. Their platform is mainly focused on crypto trading and related services. If they introduce loan options in the future, you'll likely hear about it through their updates.

Binance.US restricted countries

Binance.US is unavailable in several U.S. states, including New York, Texas, Hawaii, Vermont, and Washington, as well as territories like Guam and the U.S. Virgin Islands. Internationally, Binance.com faces restrictions in regions like China, the U.K., Japan, and parts of Canada due to regulatory requirements. These limitations help ensure the platform complies with local laws and regulations.

Is it possible to use leverage or margin trading on Binance.US?

Binance.US currently doesn't support leverage or margin trading. This service is only available on Binance.com, which offers these features in countries outside the U.S. On Binance.US, you can only engage in spot trading, as the platform follows U.S. regulatory guidelines.

Binance.US Spot Trading

Binance.US offers a straightforward approach to spot trading, where users can buy and sell over 150 cryptocurrencies with immediate settlement. It’s a simple and secure way to trade assets directly without needing leverage or margin. This method is great for those who prefer to make quick, direct trades with minimal risk, as there’s no concern about liquidation or margin calls.

Binance.US Earning Services

Binance.US offers a user-friendly staking service that lets you earn rewards by holding cryptocurrencies like Ethereum (ETH), Solana (SOL), and Cardano (ADA). Rewards are distributed weekly, and you can choose to automatically reinvest them. The platform ensures that your staked assets are securely managed, without involving lending or borrowing.

Binance.US OTC Trading

Binance.US offers a user-friendly OTC Trading Portal for large transactions starting at $10,000. It allows users to trade cryptocurrencies directly, without the use of a public order book, which helps prevent market disruptions. The service supports crypto-to-crypto trades and doesn't charge direct fees, though a spread is applied between the buying and selling prices.

Binance.US Fees

Binance.US offers zero-fee trading on some Bitcoin pairs like BTC/USDT and BTC/USDC. For other trades, fees start at 0.1%, and you can get a 5% discount by using Binance Coin (BNB) to cover fees. Depositing crypto is free, while withdrawal fees are dynamic and depend on network conditions. It's always a good idea to check the most up-to-date fee information directly on the Binance.US platform.