Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. The company is based in Malta and was founded in 2017 by Changpeng Zhao.
Binance is the world’s largest cryptocurrency exchange with a daily trading volume of over $2 billion.
The company has been growing rapidly and has attracted over 10 million users in less than a year. Binance offers a variety of features including a mobile app, margin trading, and a variety of order types.
The exchange also offers its own token, Binance Coin (BNB), which can be used to pay fees on the platform.
Binance is not available to US users due to regulatory reasons. The US Securities and Exchange Commission (SEC) has not yet approved any cryptocurrency exchanges for listing and trading securities.
Binance is also not registered with any US regulatory body such as the Financial Industry Regulatory Authority (FINRA).
As a result, US citizens are not able to trade on Binance or use the platform to buy or sell cryptocurrencies. However, there are still some ways for US users to access Binance.
For example, US citizens can use a VPN to connect to a server outside of the country and then access the exchange.
Despite the challenges, Binance continues to be one of the most popular cryptocurrency exchanges available today. The platform has shown tremendous growth and innovation since its launch, and it is likely that US users will eventually be able to access the exchange through some method.