Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is not currently accessible to users in the United States. The popular platform has been “geo-blocked” for American users since July of 2019, when Binance announced its plan to set up a US-based entity called “Binance US.”
The move came after increased regulatory scrutiny from the US government, as well as pressure from traditional financial institutions. Binance US is still in development, and it’s unclear when or if it will ever launch.
In the meantime, US users can still access Binance’s international website, but they will be unable to trade or make deposits/withdrawals in fiat currency (US dollars).
This situation has left many American crypto enthusiasts feeling frustrated, as Binance is one of the most popular and user-friendly exchanges on the market. The good news is that there are still plenty of other great crypto exchanges available to US users. Here are a few of our favorites:
NOTE: WARNING: Binance is currently unavailable to US customers, however this may change in the future. It is important to stay informed about any changes in the legal status of Binance for US customers. Before engaging in any transactions or investments related to Binance, please consult a qualified legal professional.
Coinbase – One of the most popular and well-known cryptocurrency exchanges. Coinbase offers a user-friendly platform and is a great choice for beginners.
Kraken – A more advanced exchange with a robust feature set. Kraken is a great choice for experienced traders who are looking for more features and functionality.
Gemini – Gemini is a regulated exchange founded by the Winklevoss twins (of Facebook fame). Gemini offers a simple and easy-to-use platform.
These are just a few of the many great crypto exchanges that are available to US users. So even though Binance may be geo-blocked in your country, there are still plenty of other great options out there!.
8 Related Question Answers Found
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is not currently accessible to users in the United States. The popular digital asset platform has been effectively banned in the U. S.
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is still banned in the United States. The US-based exchange was founded in 2017 and quickly rose to prominence due to its low fees, wide range of altcoins, and its innovative features. However, Binance has never been able to obtain a license to operate in the US and has therefore been banned from operating in the country.
The United States has not banned Binance, but the exchange is not currently available to U.S. customers. Binance has been working on a U.
-based exchange, but it is not yet operational.
It is not currently illegal to use Binance in the United States. However, there is some regulatory uncertainty surrounding the exchange. Binance is not registered with the SEC as a broker-dealer or an exchange, and has not applied for a BitLicense in New York.
The US is definitely ban Binance in the US. The government has been trying to shut down the exchange for years now. In fact, the US has been one of the few countries to actually take action against Binance.
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is not currently available in the United States. The company has been ramping up its international expansion in recent months, but has yet to establish a presence in the US. This is likely due to the fact that the US regulatory environment for cryptocurrency is still very much in a state of flux.
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is facing increased scrutiny from United States regulators. The company has been uncooperative with requests for information from the Commodity Futures Trading Commission (CFTC), according to people familiar with the matter. This is not the first time that Binance, which is headquartered in Malta but has significant operations in Hong Kong, has come under fire from U.S.
Binance, one of the world’s largest cryptocurrency exchanges, recently announced that it would be banning U.S. citizens from using its platform. This news came as a surprise to many in the crypto community, as Binance has been one of the most accessible exchanges for U.
