Launched in September 2019, Binance.us is a digital asset marketplace, powered by matching engine and wallet technologies licensed from the world’s largest cryptocurrency exchange, Binance. Operated by BAM Trading Services based in San Francisco, California, Binance.US provides a fast, secure and reliable platform to buy and sell cryptocurrencies in the United States.
||Binance Coin (BNB) Ethereum (ETH) Litecoin (LTC)
How To Start With Binance.us
To start trading with Binance.us ,Indian residents first have to sign up for an account by following the steps below.
Step 1. Click on the “Login/Signup” link on the top right hand corner of the Binance.us website.
Step 2. In the form, fill in your first name, last name, mobile number, email ID and password.
Step 3. If you have a referral code, enter the code while creating your account.
Step 4. Submit the form and wait for an activation email to be sent to you.
Step 5. Click on the “confirm email” link in the activation email.
Step 6. After your account is activated, you’ll be sent a 6 digit one time password (OTP), which you have to enter after logging into your Binance.us account.
How to Register an Account on Binance.US
- Please visit Binance.US official website at https://www.binance.us. Click the “Register” button on the top right side.
- Fill in your email address and password. Make sure your password includes upper case letters and numbers. Next, click on the “Create account” button.
- By this stage, you will receive a verification email in your registered email inbox. Go to your email and confirm your registration.
- Click on the “Verify Email” button to confirm your registration with Binance US.
- Congratulations! Your account has been activated!
Deposit via ACH
- Go to Binance.US homepage and click on your profile as shown below.
- Click on “>” button to access your dashboard.
- Under “Wallet,” click on “Deposit.” You will see a drawdown list under “Coin” to select USD or select digital assets available to deposit into your Binance.US wallet.
- Input the USD amount that you want to deposit and select the ACH account that you want to deposit from and click “Continue”.
- Please verify the details from the popup dialog and click “Confirm”.
Binance Services Binance offers a crypto-to-crypto exchange, meaning that it doesn’t facilitate any fiat currencies. This allows the platform to work freely, steering clear of any red tape or regulation (for now). Users can choose between the “basic” and “advanced” interfaces. The basic interface allows a quick view of market and trading pairs, making it easier to switch pairs; The advanced view give users access to advanced charting tool.
Currencies and Payment Methods Binance accepts crypto deposits only. All coins supported by the exchange can be deposited and withdrawn. Having said that, Binance’s brokerage service allows you to buy the following currencies with a credit card: Bitcoin (BTC) Ripple (XRP) Binance Coin (BNB) Ethereum (ETH) Litecoin (LTC) Bitcoin Cash (BCH).
Binance Fees In a competitive space, the fee structure of Binance is cutting edge. Its team members have sharpened their knives and are slicing the opposition apart. A flat rate of 0.1% is very enticing for any trader who doesn’t need immediate fiat liquidation. Incredibly, it undercuts most other large exchanges, some of which charge upward of 0.2%. That’s a pretty sizeable difference if you’re working with large orders. BNB, the native Binance token, provides an additional 25% discount on this trade fee when working with the coin.
Supported Countries Binance does not mention which countries are supported by its exchange which makes it basically available worldwide. There is also no mention about exceptions for US citizens which caused Binance to come up on the US Department of Financial Services radar for potential violation of New York’s virtual currency regulations.
Most support inquiries need to be made via the site’s email contact form. As with most major trading exchanges, you may have to wait awhile for a response simply due to the sheer growth in demand. There is a customer service bot chat to tap into, but some of the responses are automated (and in some in Chinese). Happily, the website is completely multilingual, so most people should get along fine in one language or another (15 in total supported). This is another real advantage for Binance as it seeks to compete as a global cryptocurrency exchange.
The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .