Binance.US offers only a live chat for customer support inquiries and requests. Start staking ETH, BNB, and ADA, alongside 15+ Proof-of-Stake cryptocurrencies. Support your favorite projects and help secure their respective blockchain networks. Finder.com is an independent comparison platform and information service that aims to provide you with information to help you make better decisions. We may receive payment from our affiliates for featured placement of their products or services. We may also receive payment if you click on certain links posted on our site.
If you’re interested in investing in crypto, Binance.US’s platform should offer most, if not all, of what you’re looking for. Investing in cryptocurrencies, Decentralized Finance (DeFi), and other Initial Coin Offerings (ICOs) is highly risky and speculative, and the markets can be extremely volatile. Consult with a qualified professional before making any financial decisions. This article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies nor can the accuracy or timeliness of the information be guaranteed. Binance.US is available to most residents of the United States. However, the platform is still restricted to residents in New York, Hawaii, Texas and Vermont.
If you want to buy, sell, or trade on the platform, you’ll also need to provide some basic personal information and upload a photo of a government-issued ID. While competitors have trading how to sell bitcoin in the uk fees starting at 0.50%, maker/taker fees on Binance.US range from 0% to 0.01%. Binance.US has a preferred crypto wallet partner, Trust Wallet, which is owned by parent company, Binance.
While Binance replaced users’ bitcoin and the U.S.-partner platform hasn’t been hacked, it’s important to be aware that security breaches are a risk with any crypto exchange. After college, he worked for the Tokyo stock exchange and Bloomberg Tradebook developing software for the businesses. He then founded a startup in 2005, Fusion Systems, which focused on creating an automated high-frequency trading platform.
While Binance.US hasn’t engendered much controversy, the same can’t be said of its parent company Binance Holdings, the world’s largest cryptocurrency exchange. Binance has come into the crosshairs of a number of U.S. regulatory commissions, not the least of which is the CFTC. The platform is also known for its low trading fees that become even lower when you use Binance Coin (BNB) to pay for your trades. The SEC lawsuit also casts fresh doubt on the independence of the company’s U.S. arm and its staking service.
As such, all US dollar deposits made what is a protocol in crypto 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. Crypto.com offers 350+ cryptocurrencies and accepts more than 20 fiat currencies. Investors wanting access to crypto derivatives, comprehensive educational resources, and complex trading strategies (like strike options) are better off with Crypto.com.
You can open a Binance.US account for free and buy, sell, and convert cryptocurrencies for as little as $1. There’s free bitcoin trading on select pairs, and crypto deposits are free. Like many other crypto exchanges, Binance.US offers limited customer service options. Users can submit a form or engage with a 24/7 live chat on the Binance.US Support page. But there is no way to call or email someone directly if you need immediate assistance with your account.
Following that, he worked for several crypto startups including a stint as co-founder and CTO of OKCoin. Another piece of the CZ lore is that he first heard about Bitcoin at a poker game, which planted the seed that led him to create his own cryptocurrency exchange, Binance. To rank the best crypto exchanges overall and the best exchanges for beginners, we assessed bitcoin ‘will surge to value of $1million’ as expert predicts ‘enormous money’ all of the features and options offered by these 25 platforms. The editorial team then developed a standardized methodology, analyzing 10 key benchmark features and variables to assess quality across the platforms.
1 de septiembre de 2021
Publicado en: Cryptocurrency News