Binance, Exchanges

Is Binance and Binance Us the Same?

In 2017, Changpeng Zhao, also known as CZ, founded Binance, one of the world’s largest cryptocurrency exchanges. Binance US, or “Binance America,” is a new cryptocurrency exchange launched in 2019 and is operated by BAM Trading Services.

Although Binance and Binance US share the same name, they are two completely different entities.

Binance is based in Malta and Singapore, while Binance US is headquartered in San Francisco. Binance offers a more global service, with users from over 190 countries and regions.

In contrast, Binance US is only available to users in 42 states.

The two exchanges also have different listing policies. Binance lists a wide range of digital assets, including many small-cap coins and tokens.

NOTE: WARNING: Binance and Binance US are not the same. Binance is a global cryptocurrency exchange, while Binance US is a separate entity created specifically to serve US customers. Although both exchanges share certain similarities, their services and offerings are not identical. It is recommended that you review both websites carefully before making any trading decisions.

Binance US, on the other hand, only lists digital assets that meet its strict regulatory requirements.

Binance has been known for its generous referral program, which gives users a portion of the trading fees paid by people they refer to the platform. Binance US does not currently offer a referral program.

Finally, the fee structures of the two exchanges are different. Binance charges a 0.1% trading fee for all trades. It also offers a discount for users who hold its native token, BNB.

On Binance US, traders pay a 0.50% fee for all trades. There is no discount for holding any particular token.

So while Binance and Binance US may share a name, they are quite different entities.

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