Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. Binance US is a US-based version of the exchange created to comply with US regulations.
US-based traders can trade on Binance US through its website or mobile app.
Binance offers a variety of trading options, including spot and margin trading, Derivatives, and Futures. Binance also has its own native cryptocurrency, Binance Coin (BNB), which can be used to trade on the platform or pay fees.
US-based traders can deposit and withdraw USD from Binance US using a wire transfer or ACH/ECP. Crypto deposits are also available, although only for select coins/tokens. Trading on Binance US is fee-free for spot and margin trades. Futures and Derivatives incur a 0.
NOTE: WARNING: Trading on Binance from the United States is not allowed. Binance is a global digital asset exchange platform and does not currently permit its customers in the United States to buy, sell, or trade certain digital assets. If you are based in the United States and attempt to access the Binance website or trading platform, you will be blocked from doing so. It is illegal to trade on Binance from within the United States and could result in legal action.
075% fee (taker) or 0.025% fee (maker).
Binance US is available in all 50 states and Washington D.C.
, but some states have additional restrictions. For example, residents of New York are not able to trade on the platform due to state regulations.
Overall, Binance US is a good option for US-based traders looking for a reputable cryptocurrency exchange with low fees and a wide range of trading options.
6 Related Question Answers Found
Yes, you can trade options on Binance US. Options are a type of derivative security, which means they derive their value from an underlying asset. In the case of options traded on Binance US, the underlying asset is a security listed on our exchange.
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, has officially launched in the United States (US). The US-based exchange is now live with trading in pairs involving Bitcoin (BTC), Ethereum (ETH), Ripple’s XRP, and Binance Coin (BNB). So, can you trade on Binance in US?
Binance US, the American arm of the world’s largest cryptocurrency exchange, recently announced that it would be adding margin trading to its platform. The move comes as other major exchanges like Coinbase and Kraken have also been adding margin trading features to their own platforms. So, what is margin trading?
As one of the world’s largest cryptocurrency exchanges, Binance has seen a lot of success since it was founded in 2017. In just a few short years, the platform has become a leading destination for crypto trading, with millions of users from all over the world. One thing that has always set Binance apart from other exchanges is its willingness to serve users from all over the world, including those in the United States.
Leverage is a powerful tool that can help traders increase their potential profits – but it can also magnify losses. Leverage allows traders to open positions that are larger than their account balance, which can lead to outsized gains – but also to equally outsized losses. When trading with leverage, it’s important to remember that your losses can also increase.
As of September 2019, US citizens are not able to use Binance US. Binance US is a digital asset exchange created by Binance, one of the largest cryptocurrency exchanges in the world. The US-based exchange is not available to residents of New York state.
