Binance, Exchanges

Is Binance Us the Same as Binance?

Binance is one of the most popular cryptocurrency exchanges in the world. Binance US is a new entity created by Binance, with the goal of providing a crypto trading platform for US-based users.

Binance US will have its own set of rules and regulations, which may differ from those of Binance. Here’s a look at how Binance US compares to its parent company.

Binance was founded in 2017 and quickly rose to become one of the most popular cryptocurrency exchanges in the world.

One major difference between Binance and Binance US is that the latter will not support margin trading. Margin trading allows users to trade with borrowed funds, magnifying both profits and losses.

Binance offers margin trading on some cryptocurrencies, but this will not be available on Binance US.

NOTE: WARNING: Binance US is different from Binance. Binance US is a separate platform, owned and operated by BAM Trading Services, and available only to US customers. Customers must comply with all local laws of their jurisdiction when using either platform. Customers should not use the same credentials for both platforms, as this may lead to account security issues.

Another difference is that Binance US will have a smaller selection of cryptocurrencies than its parent company. This is due to regulatory restrictions in the United States.

For example, ICOs are banned in the US, so any coins offered by an ICO will not be available on Binance US.

Finally, there are differences in the fees charged by each exchange. Binance charges a 0.1% fee on all trades, while Binance US plans to charge a 0.

2% fee. There may also be additional fees for withdrawals and deposits in certain cases.

Overall, while there are some differences between Binance and Binance US, they are both reputable exchanges with a lot to offer users. Which one you use will ultimately come down to personal preference and where you are located.

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