As of September 2019, Binance US is available in the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina , South Dakota , Tennessee , Texas , Utah , Vermont , Virginia , Washington , Washington DC , West Virginia and Wyoming.
Binance US is a digital asset exchange launched in 2019 and operated by Binance US Inc., a subsidiary of Binance.
com. The exchange is based in San Francisco and offers trading in a variety of digital assets including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Binance Coin (BNB).
Binance.US is available to residents of the United States except for residents of the state of New York.
The exchange does not currently offer margin trading or short selling.
The launch of Binance.US comes after a period of beta testing which began in July 2019.
During the beta testing phase, the exchange only offered trading in a limited number of digital assets including BTC/USD and ETH/USD pairs.
In September 2019, Binance.US expanded its offering to include 14 more digital assets including Bitcoin Cash (BCH), Ethereum Classic (ETC), Ripple (XRP), Stellar Lumens (XLM), Zcash (ZEC) and 0x (ZRX).
Binance US is one of the few digital asset exchanges that are regulated at both the state and federal level. The exchange is registered with FinCEN as a Money Services Business and is also a licensed money transmitter in 47 states.
The exchange offers a secure platform with two-factor authentication (2FA) and Know Your Customer (KYC) verification for all users. Deposits made using ACH transfers are free of charge while withdrawals incur a fee of $25.
Wire transfers are also available but they incur a fee of $10 for deposits and $25 for withdrawals.