Binance, Exchanges

Is Binance Still Banned in US?

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.

This hasn’t stopped Binance from trying to enter the US market though. The exchange has launched a number of initiatives aimed at getting around the ban, including a US-based trading platform called “Binance US” and a crypto-fiat exchange called “Binance Jersey”.

However, these efforts have so far been unsuccessful and Binance remains banned in the US.

The ban has been frustrating for many US-based crypto enthusiasts who would like to use Binance’s platform. However, it’s important to remember that there are a number of other reputable exchanges available to US traders.

So while Binance may be banned in the US, there are still plenty of ways for Americans to trade cryptocurrencies.

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