Binance.US is a cryptocurrency exchange specifically designed for US traders, launched in 2019 as a compliant alternative to the global Binance platform. This guide will walk you through everything you need to know about using Binance.US effectively.
Overview of Binance.US
Binance.US operates independently from the main Binance exchange, with these key characteristics:
- Fully compliant with US regulations
- Headquartered in San Francisco
- Offers trading between cryptocurrencies and USD (no crypto-crypto pairs)
- Supports about 60 cryptocurrencies
- Focused customer support for US users
👉 Looking for alternatives? Check out OKX for global crypto trading
Creating Your Binance.US Account
Step 1: Account Registration
- Visit Binance.US
- Click "Register" and enter your email
- Create a strong password (8+ characters with mixed cases and symbols)
- Verify your email via confirmation link
Step 2: Identity Verification
Binance.US requires two verification levels:
| Verification Level | Requirements | Limits |
|---|---|---|
| Basic | SSN + Photo ID | Lower trading limits |
| Advanced | Additional ID + Selfie | Higher limits |
Pro Tip: Always enable Two-Factor Authentication (2FA) for maximum security.
Depositing Funds
USD Deposits
- Minimum deposit: $10
- Methods: ACH or Wire Transfer
- Processing time: 1-3 business days
Crypto Deposits
- Navigate to "Deposit Crypto"
- Select your cryptocurrency
- Send funds to the provided wallet address
- Wait for network confirmation (typically <30 minutes)
Trading on Binance.US
The platform offers these order types:
- Market Orders - Instant execution at current price
- Limit Orders - Set your desired price
- Stop-Limit Orders - Automatic triggers at specified prices
👉 Learn advanced trading strategies with OKX
Withdrawing Funds
USD Withdrawals
- Processing time: 5-10 business days
- Must match verified bank account
Crypto Withdrawals
- Minimum amounts vary by coin
- Network fees apply
- Always double-check wallet addresses
Security Features
Essential security measures:
- Mandatory 2FA (Google Authenticator recommended)
- Address whitelisting
- Cold storage for long-term holdings
- Regular password updates
Staking on Binance.US
Available coins for staking include:
- ALGO
- ATOM
- LUNA
- And 10+ others
APY ranges from 1% to 15% depending on coin and lockup period.
Customer Support Options
- Email support tickets
- Live chat (business hours)
- Twitter: @BinanceUShelp
- Comprehensive FAQ section
FAQ
Is Binance.US available in my state?
Binance.US operates in 43 states. Currently unavailable in CT, HI, ID, LA, NY, TX, VT.
What's the difference between Binance and Binance.US?
Binance.US is a separate entity compliant with US regulations, with fewer coins and features than global Binance.
How long do deposits take?
USD deposits: 1-3 business days
Crypto deposits: Typically under 30 minutes
What are the trading fees?
Binance.US uses a maker-taker fee schedule starting at 0.1% for both.
Is staking safe?
While generally low-risk, staking carries some volatility exposure. Research each coin before staking.
How do I contact support?
Through email tickets, live chat, or Twitter @BinanceUShelp.
Final Thoughts
Binance.US provides a compliant platform for US cryptocurrency traders with:
- Robust security features
- Straightforward trading interface
- Passive income through staking
- Dedicated US customer support
Remember to always prioritize security with 2FA and proper wallet management when trading cryptocurrencies.