![]() ![]() This unlocks wire transfers and higher limits for deposits. Similar to other crypto exchanges like Coinbase or Uphold, you’ll need to provide documentation of your identity for full access on Binance.US.įor basic access, Binance.US requires the following:Īdvanced verification requires a driver’s license, passport, or similar ID, as well as a selfie. ![]() Binance also offers a mobile app for iOS and Android. But if you’re using a supported bank or debit card, the Binance trading experience is among the best you’ll find in the crypto world. PayPal isn’t supported, and I had to use the slow method to add my bank account (two days). One slight disenchantment centered on funding methods. I tested Binance.US to see where the US-only exchange shines and where it could use a bit of polish. Secure your account with two additional verification methods.Įxpert Review: Binance.US For Trading And Staking Stake 26 cryptocurrencies to earn yields of up to 15%. FeaturesĮasily buy, sell, or convert supported assets right from the home screen.Įnjoy predictable trading fees, market, or limit orders, and access to advanced charting tools. ![]() CEXs also have to comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) rules in many jurisdictions.īinance.US lacks some of the features of, including margin trading and futures trading, but these omissions are due to US regulations and don’t affect everyday trading for most users. A crypto exchange offers a way to buy cryptocurrencies with fiat money or to trade cryptocurrencies in trading pairs.Ĭentralized exchanges (CEXs) differ from decentralized exchanges, like Uniswap, in that centralized exchanges are run by a management team. Binance is the largest centralized crypto exchange, but Binance.US is a US-only exchange built to comply with US regulations. ![]()
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