Binance US is a new digital asset exchange launched in 2019 and is operated by BAM Trading Services. The exchange is designed for U.
S. customers and offers a more streamlined experience with fewer coins than its international counterpart.
When compared to Binance, Binance US has a few key differences:
1. Supported Countries: Binance US is only available to customers in the United States, while Binance supports customers from over 190 countries.
2. Supported Assets: Binance US offers trading for a limited selection of digital assets compared to the hundreds of assets supported by Binance.
3. Regulatory Framework: As a U.S.
-based exchange, Binance US must comply with strict financial regulations. This means that the exchange offers a higher level of protection for customers’ funds but also requires more personal information when signing up for an account.
NOTE: WARNING: Binance US and Binance are two distinct entities and should not be confused. Binance US is a separate platform operated by BAM Trading Services and is subject to different rules and regulations than Binance. It is important to understand the differences between the two platforms before engaging in any transactions. Failure to do so may result in financial loss or other legal consequences.
4. Fees: Binance US charges higher fees for trading than Binance, although both exchanges offer discounts for customers who use their native token (BNB on Binance and BUSD on Binance US).
Overall, Binance US is a more regulated and streamlined digital asset exchange that is designed specifically for U.
customers. However, the exchange does have some disadvantages when compared to its international counterpart, including a smaller selection of supported assets and higher fees.
6 Related Question Answers Found
Binance and Binance US are two of the most popular cryptocurrency exchanges out there. But what exactly is the difference between them? For starters, Binance is a global exchange while Binance US is a US-based exchange.
The Binance and Binance US platforms are both digital assets exchanges that offer a wide range of trading pairs. Both platforms allow users to buy, sell, and trade cryptocurrencies. The main difference between the two platforms is that Binance US is a regulated exchange while Binance is an unregulated exchange.
Binance and Binance US are two of the most popular cryptocurrency exchanges on the market today. Both exchanges offer a wide variety of coins and tokens to trade, as well as a variety of features and perks that make them attractive to users. However, there are also some key differences between the two exchanges that users should be aware of.
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.
Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. Binance US is a subsidiary of Binance and provides a similar platform for trading cryptocurrencies to US-based customers. While both platforms offer similar services, there are some key differences between them.
Binance is a world-leading blockchain technology company that provides a digital asset exchange platform for trading cryptocurrencies. The company’s vision is to provide freedom of financial services to the world by using blockchain technology. Binance was founded in 2017 by Changpeng Zhao and Yi He.
