![]() version of Binance and launched in September 2019 as an American company to specifically ensure compliance with U.S. This is an issue for several cryptocurrency exchanges, as customers want more hand on assistance, especially if they’re trying to report fraud or suspicious activity.īinance.US is the U.S. But users with more specific queries need to fill out a form and wait for an email response. It has a 24/7 live chat function that can give basic assistance and allow users to connect to live agents for more complex inquiries. Customer supportīinance.US does not have a telephone customer support line. Check out our list of top cryptocurrency apps and exchanges for more options. Cryptocurrency traders in these states will need to look for another exchange. stateīinance.US is not available in Hawaii, New York, Texas, or Vermont. You may face extra charges from your card issuer, plus you're essentially taking on debt to make a high-risk investment. In fact, it isn't always a good idea to try to buy crypto using a credit card. Does not accept credit card depositsīinance.US is not alone in not accepting credit card payments. As regulators worldwide focus on cryptocurrency, it remains to be seen whether Binance's new approach will be enough. ![]() Binance says it grew its compliance team 500% in 2021. However, it appears to have changed its tune - in part due to the issues it has faced. Until recently, Binance appeared to prioritize user experience over regulatory concerns. investigation into Binance by the Commodity Futures Trading Commission (CFTC) and the Justice Department, though so far no charges have been brought. Bloomberg has reported that there's a U.S. We recognize that Binance.US is a separate entity, but regulatory issues in any manner are worth considering.īinance has had regulatory challenges in several countries, including Japan, the U.K., Canada, Singapore, Thailand, and the U.S. However, its global counterpart has had some regulatory challenges that we hope does not impact its separate Binance.US operations, and how that business is run. Staking is different from lend-earn products, in which platforms actually lend out your assets and pay you interest.īinance.US does not have any issues with regulators. Some cryptocurrencies rely on staking as a way to validate new transactions and keep the network secure. Staking involves tying up your coins for a set period of time to earn rewards. Ways to earn passive incomeīinance.US allows users to stake a limited number of tokens on its platform at competitively high rates. Solid list of cryptocurrenciesīinance.US has over 120 cryptocurrencies on its platform, which is solidly competitive and even beats the selection available at some popular exchanges. So there's no need to pay two sets of fees to convert dollars into a stablecoin, then use the stablecoin to buy the crypto you want. Another advantage is that many of Binance.US's cryptocurrencies can be bought directly with U.S. to offer all customers 0% fee Bitcoin trading on eligible pairs, with no trading volume requirements. In addition, Binance.US is the only major crypto platform in the U.S. ![]() Traders pay a maximum 0.1% maker/taker fee, which is extremely competitive compared to other platforms. ![]() One of the biggest attractions of Binance.US is its low fee structure. ![]()
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