Binance.US review

About Binance.US — company background

Binance is among the largest cryptocurrency exchanges in existence. Currently experiencing more than $2 billion per day in trade volume, the platform has grown considerably since its launch in 2017.

In 2019, regulations within the United States forced Binance to create an alternative for the country’s customers. The result was Binance.US, which is run by BAM Trading Services with licenses from the original Binance platform. This review covers everything you need to know about the US focused version of the cryptocurrency exchange.

Listed Binance.US crypto exchange assets

Binance.US supports over 154 cryptocurrencies, but some notable assets are missing. Namely, Lido Staked Ether, TRON and Wrapped stETH, which are in the top 20 cryptos by market cap. In total, 16 of the top 20 cryptos are available on Binance.US.

• See all Binance.US crypto assets

  • BTC
  • ETH
  • XRP
  • BCH
  • EOS
  • FET
  • LTC
  • ADA
  • XLM
  • NEO
  • DASH
  • VET
  • USDT
  • ETC
  • ICX
  • QTUM
  • BNB
  • ZEC
  • ZIL
  • ONT
  • ZRX
  • MKR
  • DOGE
  • IOST
  • DGB
  • BAT
  • LRC
  • KNC
  • LOOM
  • BNT
  • SYS
  • LINK
  • MANA
  • RLC
  • REQ
  • THETA
  • STORJ
  • GTC
  • ENJ
  • TRAC

  • ADX
  • REN
  • RVN
  • DAI
  • NMR
  • DOT
  • DAR
  • ONG
  • ATOM
  • IMX
  • UNI
  • XTZ
  • FTM
  • USDC
  • VITE
  • MXC
  • ANKR
  • CELR
  • MATIC
  • TFUEL
  • ORBS
  • ALGO
  • ONE
  • QNT
  • LTO
  • LPT
  • HBAR
  • SNX
  • WAXP
  • WBTC
  • PAXG
  • VTHO
  • OCEAN
  • PROM
  • IOTA
  • CHZ
  • ARB
  • RAD

  • OP
  • APT
  • BOSON
  • COMP
  • ASTR
  • BAND
  • OXT
  • KAVA
  • OGN
  • KSM
  • COTI
  • CTSI
  • SOL
  • KDA
  • BAL
  • DIA
  • YFI
  • CRV
  • AVAX
  • SUSHI
  • SAND
  • EGLD
  • FIL
  • AAVE
  • NEAR
  • AUDIO
  • ROSE
  • AXS
  • SLP
  • ACH
  • SKL
  • GRT
  • GLM
  • 1INCH
  • CELO
  • REEF
  • API3
  • FLOW
  • POND

  • ALICE
  • FORTH
  • TLM
  • ICP
  • SHIB
  • CUDOS
  • MASK
  • FLUX
  • XEC
  • XNO
  • CLV
  • ILV
  • GALA
  • LDO
  • RARE
  • BTRST
  • LAZIO
  • FLOKI
  • ENS
  • PORTO
  • SANTOS
  • BICO
  • JAM
  • VOXEL
  • LOKA
  • AXL
  • T
  • ALPINE
  • APE
  • STG
  • FORT
  • POLYX
  • BLUR
  • SUI
  • ERC-20
  • Zen
  • RENDER

Binance.US fees

Deposit & withdrawals fees

Binance.US deposit methods

How to sign up on Binance.US exchange

Before you can even get started trading on Binance.US, you have to go through the rigorous verification process (which usually involves providing proof of identification). This can take time. The reason for this is Binance.US's commitment to certifications and compliance with regulations and insurers.

1. Get started
   After selecting the Get Started button, fill in the create account form.
2. Set up payment
   Before you can start trading, you have to add your bank account to your Binance.US account. There are several options to choose from, so choose the option most compatible.
3. Provide identification
   Before you can make withdrawals and increase your transaction limits, you must submit proof of address and some additional identification. Use either a passport or a driver's license for this.
4. Start trading
   After all that is processed, you're ready to trade on Binance.US.

Using the Binance.US app

The Binance.US app is available for desktop and mobile devices. The app can be downloaded from Google Play and the Apple App Store.

Binance.US is available as an app for Apple and Android mobile devices. Though not as full-featured as the original Binance platform, the Binance.US interface is streamlined in an easy-to-use format that both beginning and experienced investors can take advantage of.

Is Binance.US safe?

Past hacks. Binance.US has never been hacked. However, the flagship exchange, Binance, suffered a massive hack in 2019. Approximately $40 million worth of Bitcoin was stolen from user accounts on the platform. To its credit, Binance quickly returned the stolen funds to users.

Security audits. Binance.US offers a number of security features for user accounts. Among them is 2-factor authentication (2FA). You can activate 2FA via SMS or through the Google Authenticator app. In December of 2021, Binance announced a security audit program to enhance the protection of user accounts. Project Shield audits BEP-20 and ERC-20 projects listed on the exchange.

Insurance. US dollar deposits are held in pooled custodial accounts at insured banks. As such, all US dollar deposits made on Binance.US are eligible for FDIC insurance. Binance Holdings Ltd. has also created a Secure Asset Fund of over $1 billion to help combat potential hacks to user accounts.

Keeping your crypto secure

All centralised exchanges, including Binance.US, are vulnerable to counterparty risks like hacking, theft and insolvency. Using a self-custodial or hardware wallet is widely accepted as the best way to improve the security of your funds. We've shared some of our top picks below.

Ledger Nano X Wallet	Trezor Model T Wallet	SafePal S1 Wallet
Go to site	Go to site	Go to site
Supported assets 5,500+	Supported assets 1,000+	Supported assets 30,000+
Price (USD) $149	Price (USD) $129	Price (USD) $49.99

See more of the best crypto wallets

Compare now

Binance.US customer support

Binance.US customer service does not have the best reputation. The only way to contact support is through a form on the company’s support page. There is a virtual assistant that can help with basic questions, however.

The reputation of the site remains somewhat mixed, largely due to the wait times associated with customer support. Users can only contact Binance.US customer support via email. Reviews concerning Binance.US have consistently knocked the cryptocurrency exchange for its lack of timely responses.

Unfortunately, customer support can take quite some time to respond via email. Many reviewers of the service report being unable to receive more than canned responses and apologies for continued wait times. Fortunately, a support page with detailed answers to the most basic questions is available.

How to reach Binance.US customer support

Alternatives to Binance.US

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eToro USA LLC Cryptocurrency Trading Finder Award	Bank transfer, Debit card, PayPal, Wire transfer	6	105	Get $15 when you sign up and deposit $100 in your eToro account. T&Cs apply.	Disclaimer: eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro. Your capital is at risk.	Go to site Capital at risk View details Compare	loading Fetching your data...
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Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.
Refer a friend to earn US$20 — $10 for you and $10 for the person you refer.

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