With the knowledge and resources used to launch and develop Binance over the years, Binance US is an effort to bring cryptocurrencies to customers in the United States. Therefore, this binance us crypto list review must begin with a study of Binance before moving on to the American aspect of the company. Founded in 2017, Binance is a well-known cryptocurrency exchange. Binance announced the launch of Binance U.S., which would adhere to local regulations, but only after American regulators started complaining about them. This article will help you learn about the benefits of Binance.US and its features.
Features of Binance.US:
Fees:
The reduced trading costs offered by Binance.US to its users are an essential selling point. In contrast to its rivals, binance us crypto list has maker/taker fees from 0 to 0.1 percent, and instant buy/sell fees are 0.50 percent. Additionally, investors and traders who own BNB are eligible for an additional 0.25 percent trading discount. Despite the minimal trading fees, using a debit card to deposit money on the exchange carries a 4.5 percent surcharge. Wire transfers or ACH transactions are the preferable methods for making a deposit.
Security:
More focus gets placed on Binance Holdings, the parent firm, and significant cryptocurrency exchange. Several American regulatory agencies, including the CFTC, have targeted Binance. The 2019 hack that saw thieves steal more than $40 million in BTC from Binance may be the most concerning development for cryptocurrency traders. Additionally, parent firm Binance experienced a significant hack in October 2022 that cost the site more than $570 million in BNB. The Binance.US website was unaffected because Binance and Binance.US were independent businesses. In terms of exchange security, Binance.US does well. According to the cryptocurrency exchange, it is one of the most secure exchanges, rating higher than well-known ones.
Creating an Account on Binance.US:
Similar to other well-known exchanges, Binance.US makes buying and selling cryptocurrencies simple. Primary verification and advanced verification are the main methods for doing this. Users of Binance.US can make necessary verification deposits and withdrawals in dollars using debit cards and bank transfers. Additionally, traders can add and withdraw bitcoin, purchase, sell, convert cryptocurrency, and qualify for the advanced trading feature.The following information is to register for Basic Verification:
- Full legal name and birthdate
- The number for social security
- existing address
Advantages:
Fast :
Binance US makes the same system as Binance, which can process 1.4 million orders per second.
Low fees:
Binance US only charges 0.1% in transaction fees, which are lower if you pay with BNB.
Liquidity :
Since the start of platform trading, Binance US has offered a lot of liquidity to its users.
Excellent customer service :
The customer support at Binance US is even better than the original. Its headquarters are in the US, where “the customer is always right.”
Great Reputation:
The fact that Binance is constantly innovating and paying close attention to user security evolves well-known.