Binance, Exchanges

Can You Trade on Binance in US?

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?

The answer is both yes and no. While the US-based exchange is now live, only select states are currently able to trade on the platform.

At launch, only residents of California, Massachusetts, Missouri, Montana, and New Hampshire are able to use the platform. However, Binance has plans to roll out support to more states in the coming weeks.

NOTE: WARNING: Trading on Binance in the US is not allowed due to regulatory restrictions. If you are in the US and attempt to trade on Binance, you may be subject to legal action by US authorities. Furthermore, any funds deposited on Binance could be frozen or seized by US authorities.

For those outside of the supported states, there is still a way to trade on Binance.com.

However, users will need to use a VPN service that routes their connection through a state that is supported. Once connected to a supported state, users will be able to trade on the full range of pairs offered by the exchange.

So while it is currently possible for investors in most states to trade on Binance, there are some restrictions in place. However, these restrictions are likely to be lifted in the near future as Binance looks to expand its operations in the US.

3 Related Question Answers Found

How Do You Trade on Binance in the US?

Binance is the world’s largest cryptocurrency exchange by trading volume. According to CoinMarketCap, it currently has a 24-hour trading volume of $2.6 billion. In comparison, the next largest exchange, Huobi, has a 24-hour trading volume of $1. 2 billion.

Can You Trade Options on Binance Us?

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.

Is Binance Exchange Available in the US?

Binance is a cryptocurrency exchange that allows for the trading of digital assets and tokens. The platform was founded in 2017 by Changpeng Zhao and Yi He. Binance is headquartered in Malta.
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