Binance.US review.binance şirket incelemesi
.US is a popular cryptocurrency exchange with low fees and a large selection of altcoins.
Good for USD to cryptocurrency trades at competitive rates. Not so great for cryptocurrency variety.
Product Name Binance.US Cryptocurrency Exchange Fiat Currencies USD Cryptocurrencies BTC, DAI, MKR, ADA, XLM, BCH, ZIL, LTC, NEO, EOS & 70+ more Deposit Methods Bank transfer (ACH) Bank transfer Cryptocurrency Debit card Wire transfer Trading Fee 0.1% Deposit Fees None. Network fees apply for crypto deposits Withdrawal Fees Crypto: Network fees apply Wire: $15.
Werner Vermaak is a technical writer and blockchain consultant with an extensive 20-year marketing resume across Taiwan, the UK and alyş-çalyş ýaly ikilik South Africa. He came across Bitcoin and cryptocurrency in Taiwan during mid-2017 and has worked with several companies and projects in the areas of crypto security, regulations, custody and new fields such as DeFi, NFTs and Web 3.0 since. Werner has a business degree from Stellenbosch University and postgraduate qualifications in strategic marketing from the AAA School of Advertising. Werner enjoys geeking out on new technology and pondering the mass adoption of digital assets.
Disclaimer: Information on this page is not financial advice or an endorsement of cryptocurrency or other digital assets, or any specific provider, service or offering. Digital assets are highly volatile, and high risk and past performance is no guarantee of future results. Digital assets, platforms and providers are novel and uncertain, and potential new regulations or policies can affect their availability and services provided. Make sure the one you're interested in is available and talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.
What is Binance.US?
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.
If this is your first exchange. The platform’s selection of cryptocurrencies and low trading fees make binance cryptocurrency exchange
.US a good choice. Getting used to the platform’s advanced features may take some time, however. If you’re switching exchanges. The advanced trading features found on Binance.US may represent a step up from your last exchange. However, if you’ve grown accustomed to your platform’s solid customer support features, you may be disappointed with Binance.US.
Pros and cons of binance cryptocurrency exchange
Large selection of cryptocurrencies Abundant trading pairs "Low" trading fees (
Slow customer service History of regulatory issues Not available in all states.
Verdict: Is Binance.US any good?
Binance.US is probably best known for its large selection of altcoins and low trading fees. The exchange also features the company’s flagship cryptocurrency, Binance Coin (BNB), which can be used to lower trading fees even further when activated on the platform.
Nevertheless, slow customer service and a series of regulatory issues currently hinder the exchange from serving all 50 states. These factors should be taken into consideration before signing up for the exchange.
What to know about Binance.US.
Binance.US supports nearly 70 cryptocurrencies on its exchange, including Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE) and Shiba Inu (SHIB). The large selection of altcoins makes Binance.US an attractive exchange to traders wishing to diversify their portfolio of coins and tokens.
The fees on the platform are among the lowest available for US customers. The platform determines your trading fees based on your trading volume and e iai totogi o le binance your BNB balance. But no matter which tier of the fee structure you currently fall under, fees remain 0.1% or less for spot trades. Holding BNB in your account automatically lowers your trading fees further by 25% by deducting the amount charged from your BNB balance.
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.
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.
Supported cryptocurrencies Transferring money or assets Fees and costs Ease of use Customer service Staking/earn rating? Trustworthiness/security Overall score 3.5 stars.binance cryptocurrency exchange
.US supported cryptocurrencies.
While the number of cryptocurrencies found on Binance.US is reduced from those offered on the company’s flagship platform, the abundance of altcoins available is still a major selling point for the exchange. Users are able to trade in and out of nearly 70 coins and tokens using USD, USDT or BTC.
Unfortunately, when using BTC as a trading pair, the number of cryptocurrencies available becomes significantly reduced. Currently, only 11 altcoins are available to trade directly for BTC on the Binance.US cryptocurrency exchange. Those assets are:
Transferring fiat and cryptocurrency.
Moving fiat in and out of the exchange is fairly straightforward. Users can connect their bank accounts via ACH for instant transfers. Alternatively, wire transfers and debit card deposits can also be accomplished on the exchange. Minimum withdrawals of $1 via ACH and $100 via wire transfer apply.
Transferring cryptocurrency is equally straightforward. The platform’s custodial wallet features the ability to deposit and withdraw prominently. While it is free to deposit cryptocurrency into the exchange, Binance.US does charge varying fees for withdrawals. These fees are based on which cryptocurrency you are withdrawing.
Binance.US f ees and costs.
Binance.US fees are lower than 1% in most cases.
In general, there is a 0.1% spot trading fee and a 0.5% buy/sell cryptocurrency fee. The actual fees you are charged are determined each day by a combination of factors including your overall trading volume and your current BNB balance. Holding BNB in your account can lower fees by 25%. The discount will be applied by deducting the trading fee from your BNB balance.
Fiat withdraw and deposit fees.
Deposit Withdrawal 0% – 4.5%. Charges apply for debit card deposits. $15 -$35 for domestic and international wire transfers, respectively.
Crypto withdraw and deposit fees.
Deposit Withdrawal Free Varying fees apply based on the cryptocurrency being withdrawn.
What is it like to use Binance.US?
Binance.US has a good mix of tools for experienced and beginning traders. While buying cryptocurrency through the available markets is intuitive for newcomers, the interface also gives users the ability to switch to an Advanced Trading platform for a full set of features, including charts, order books and trade histories.
The platform’s interface may at first seem a bit cluttered when compared to more beginner-focused exchanges, like Coinbase or BlockFi. Still, after getting used to the features available on Binance.US, users may find it difficult to go back to less advanced applications.
Trading terminal / markets.
The trading terminal within Binance.US is clearly laid out. Trades can be made using USD, USDT and BTC.