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Disclaimer: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. Your capital is at risk. This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) &USA (by eToro USA LLC) which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

Review of Exchange (2024)

If you are a US citizen looking to use Binance, you are in luck! Launched in late 2019, is the US partner of the main Binance cryptocurrency exchange and is run by BAM Trading Services who have licensed the software, logo, and all other relevant aspects of Binance for use in the United States.

Offering over 50 cryptocurrencies for investors and keeping the low trading fee structure of its international Binance counterpart, Binance US is a good option for US citizens with easy ways to buy and sell for beginners and the same advanced trading platform options as the original for more experienced traders.

Our Binance US review will help you decide if it is the right exchange for your needs.

Update: As of June, 2023, Binance no longer accepts USD deposits and is a crypto-only exchange. Overview offers services to Americans

  • Some of the lowest fees in the industry
  • Trade on the go with a user-friendly mobile app
  • Buy crypto easily through a variety of methods
  • Zero fee trades for certain coins like BTC and ETH
Funding Methods Cryptocurrency, ACH, wire transfer
Cryptocurrencies 50+
Countries USA only (Excludes HI, NY, TX, ID, LA, VT) Pros & Cons


  • Low trading fees

  • Quality mobile app

  • You can buy crypto through multiple avenues


  • Not available in all US states

  • Selection of cryptos is much lower than main Binance site

  • Crypto-only exchange with no USD support

How to Set Up Your Account

It is extremely easy to set up your account following these steps:

  1. Visit on your favorite internet browser
  2. Click “Get Started” in the upper right corner
  3. Enter your email and choose a strong password
  4. Verify your email using the code they send
  5. Complete SMS verification
  6. Enable two-factor authentication (2FA)
  7. Complete Identity Verification
  8. Done! You can begin trading on Binance US

Please note you must have an US phone number and address to register on You can also register by downloading the mobile app and doing it through your phone.

What You Can Buy on

You can buy over 50 cryptocurrencies on Binance US including but not limited to:

For a full list of available cryptos on click here. Software

Binance US is available through your favorite internet browser, along with being available as a mobile app for both iOS and Android.

Best Features of

The best feature of is that it gives crypto users based in the USA access to some part of the Binance infrastructure.

Binance also has a solid mobile application for both Android and iOS,which means that users can easily access all of Binance US features on the go.

The flagship feature of Binance US, 0.1% maker and taker fees are the highest you will have to pay when making trades, and even lower if you hit trading volume and BNB holding targets.

Is Safe?

Binance US is very safe with two-factor authentication strongly encouraged and emails sent to you anytime there is a log in to your account.

All data is encrypted Binance US tries to keep as much crypto in cold storage as possible in case there is a hack of the exchange. Binance US has also never been hacked.

What are Fees Like? has very low trading fees, with both maker and taker fees being the same at 0.1%. This means no matter whether you are taking a trade off the books or adding a trade, you pay the same rate.

You can also lower your fees further by hitting 30-day trading volume numbers while holding Binance Coin (BNB)

There are no fees for non-credit card deposits.

Withdrawal fees for ACH vary by bank, while domestic bank wire is $15 flat. If you are looking to withdraw cryptocurrency to your own wallet, however, be prepared to pay some fairly high fees for certain cryptos, especially compared to the original Binance site. For example, on it will cost you 16 Polygon (MATIC) to withdraw some, whereas on the original Binance it is only 0.15.

Frequently Asked Questions About

Binance and Binance US share the same logo, proprietary token (BNB), and the exchanges use the same software, but they are not the same.

Binance US is available only to US citizens, while Binance Exchange is available internationally, while also having more selection of cryptocurrencies and features.

Binance US accounts are not available to users residing in all of the states listed below:

  • Connecticut
  • Hawaii
  • Idaho
  • Louisiana
  • New York
  • Texas
  • Vermont

Binance US is run by BAM Trading Services based in San Francisco, California.

BAM has licensed all software, trademarks and logos from the original Binance in order to provide US users a way to access Binance’s services.

Due to regulatory issues that the US has with exchanges, US citizens are not permitted to use the original Binance iteration, as it does not meet regulatory standards.

As a result, Binance US was created as a way to migrate US users who had been using the original platform before regulations changed.

Binance US is not better than Binance simply because Binance offers more cryptocurrencies for trade, more features, a Visa card, and lower withdrawal fees than its US counterpart.

Evan Jones Headshot

About the Author

Evan Jones

Evan Jones was introduced to cryptocurrency by fellow CryptoVantage contributor Keegan Francis in 2017 and was immediately intrigued by the use cases of many Ethereum-based cryptos. He bought his first hardware wallet shortly thereafter. He has a keen and vested interest in cryptos involving decentralized backend exchanges, payment processing, and power-sharing.

Get up to $10 USDT with code BINANCEUS

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