Binance usa clients11/21/2023 ![]() Notably, Binance also faced an investigation by the CFTC in the United States, which was the primary reason for splitting Binance and Binance US.ĭespite the regulatory hurdles that Binance has been forced to leap and stumble over as they blaze a trail along this new frontier, most in the industry find Binance to be a trustworthy and reputable exchange, but it is still worth being aware of the fact that Binance has faced these accusations. Image via īinance has also released several other platforms such as Binance Lending, Binance Staking, Binance Launchpad, Binance Academy, Binance Charity, and way more than I am able to cover here, but most pertinent to this article, launched Binance US in 2019.īinance, the international entity, has been the target of a significant amount of regulatory scrutiny and has been explicitly banned from operating in certain countries for wrongdoings. In 2018, Binance announced plans to launch the Binance DEX ( decentralized exchange), then the following year, Binance acquired crypto tracking and news platform Coinmarketcap, and released its first-ever fiat-to-crypto exchange in Uganda. Binance was also the first real exchange to offer an “all in one” platform, robust enough with multiple features to cater to the needs of almost any crypto user. Moving to Shanghai, he went on to found Binance in 2017.īinance rose quickly to prominence in the crypto community due to its extensive selection of trading pairs, incredibly low fees, and professional-grade trading and matching engine that provides traders with a seamless trading experience. He then moved to Tokyo, where he worked as a software engineer and eventually became a successful trader in the Tokyo Stock Exchange. CZ studied at the prestigious McGill University in Montreal, Canada, where he received a Bachelor of Science degree in Computer Science. The exchange was founded in 2017 by Changpeng Zhao (affectionately referred to as CZ), a developer and entrepreneur with a background in finance. Unfortunately, residents located in the following states will have to wait for now:īinance is the largest and most popular cryptocurrency exchange in the world in terms of trading volume and customers, holding a dominating monopoly over the space, which is why their BNB coin made our list of the top 10 crypto investments list for 2023. In this article, we will take a comprehensive look at Binance US, a brief history of the Binance company behind the American counterpart, and explore its features, fees, and overall user experience.īinance US is available in 45 states, with its sights set on hitting all 50 states within the coming years. □ Sign Up to Binance US and Trade 140+ Cryptocurrencies on the Top US Exchange! Binance US allows users to trade a variety of cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, and 140 other digital assets against other cryptocurrencies, USD, or USD stablecoins. ![]() A Look at the Binance US HomepageīAM Trading Services is a subsidiary of the larger Binance cryptocurrency trading platform, which is based in Malta, with global offices around the world. BAM Trading Services, a United States-based company, operates the US exchange. Like Binance, Binance US is a digital asset marketplace, also referred to more commonly as a cryptocurrency exchange. ![]() Thanks to its user-friendly interface, wide variety of trading pairs, industry-leading security features, and massive selection of products, it is no wonder that Binance has become the go-to for novice, professional, and institutional traders alike.ĭue to the stringent regulatory landscape in the United States, Binance launched Binance US to meet the requirements of the country. When it comes to cryptocurrency trading, Binance has established itself as a true leader in the space, and the largest exchange by a significant margin. Wire Transfer, ACH, Debit Card, Apple Pay Some trading tools and advanced trading concepts may be overwhelming to new users. See the Binance US Regulations page for more info. Registered as a Money Services Business with FinCEN. Licensed and regulated at both state and federal levels.
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