Can Binance be used in the United States?

Binance is not accessible to US residents due to regulatory concerns raised by the SEC, but a separate platform called Binance.US caters specifically to US investors with a limited range of products and services.

Sep 27, 2024 at 05:06 pm

Can Binance be Used in the United States?

Binance is one of the world's largest cryptocurrency exchanges. It was founded in China in 2017, but later moved its headquarters to Malta in 2018. Binance has a wide range of products and services, including spot trading, margin trading, futures trading, and staking.

Binance is not currently available to US residents due to regulatory concerns. In 2019, the US Securities and Exchange Commission (SEC) launched an investigation into Binance for possible violations of US securities laws. The SEC is concerned that Binance may be offering unregistered securities. Binance has not been charged with any wrongdoing, but it has agreed to cooperate with the SEC investigation.

In 2021, Binance announced that it was launching a new platform for US residents called Binance.US. Binance.US is a separate company from Binance, and it is subject to US regulatory requirements. Binance.US offers a limited range of products and services, compared to the Binance platform.

Here are the key differences between Binance and Binance.US:

Availability: Binance is not available to US residents, while Binance.US is.
Products and services: Binance offers a wide range of products and services, while Binance.US offers a limited range of products and services.
Regulation: Binance is not subject to US regulatory requirements, while Binance.US is.

If you are a US resident, you should use Binance.US rather than Binance. Binance.US is a regulated platform that is designed to meet the needs of US investors.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

XCN

$0.0133

42.20%

Trade Now
AIC

$0.1163

32.24%

Trade Now
CHEEMS

$0.0...08226

26.22%

Trade Now
GIGA

$0.0869

26.08%

Trade Now
SPX

$1.5498

20.20%

Trade Now
WOLF

$0.0001

17.33%

Trade Now

Latest Crypto News

BNB Price Prediction: Will the Binance Coin Price Rise in 2023?
2025-01-20 21:55:39
Remittix: The New Crypto Project Setting Out to Transform Global Payments
2025-01-20 21:55:39
American Coin Price Prediction: Strong Buying Momentum May Lead to Bullish Recovery
2025-01-20 21:55:39
Solana (SOL) Price Prediction: Will SOL Price Rise After Trump's Meme Coin Debut?
2025-01-20 21:55:39
Solana (SOL) Surges 60% In A Week As Trump Meme Coin Launched On Its Blockchain
2025-01-20 21:55:39
Shiba Inu (SHIB) Market Dynamics Shift Amid the Launch of the $TRUMP Token
2025-01-20 21:55:39

Related knowledge

How to use BingX exchange? Detailed usage tutorial

Nov 27,2024 at 09:14pm

How to Use BingX Exchange: A Comprehensive GuideIntroductionNavigating the crypto landscape can be overwhelming, especially for beginners. BingX exchange offers a user-friendly platform that simplifies the process for traders of all experience levels. This detailed tutorial will guide you through the essentials of using BingX exchange, from registration...

How to buy and sell coins on BingX exchange? Detailed steps

Nov 26,2024 at 12:33pm

How to Buy and Sell Coins on BingX Exchange: A Comprehensive GuideBingX, a global cryptocurrency exchange, offers a user-friendly platform for buying, selling, and trading various digital assets. Whether you're a seasoned trader or just starting out in the crypto world, this detailed guide will provide you with step-by-step instructions to navigate the ...

Where can I download the BingX APP? BingX installation and download full tutorial

Nov 27,2024 at 03:56am

Where Can I Download the BingX APP? BingX Installation and Download Full TutorialBingX is a leading cryptocurrency exchange renowned for its user-friendly platform, diverse trading options, and commitment to security. To access the full range of services offered by BingX, you need to download and install the BingX app on your mobile device or computer.S...

How to trade on BingX exchange? Graphic transaction process

Nov 25,2024 at 10:17pm

How to Trade on BingX Exchange: A Comprehensive Guide with Visual Transaction ProcessIntroductionBingX is a renowned cryptocurrency exchange offering a user-friendly platform for traders of all levels. Its intuitive interface and robust features cater to both novice and experienced traders, providing a seamless trading experience. This comprehensive gui...

What exchange is BingX? Detailed explanation of BingX’s advantages and disadvantages

Nov 23,2024 at 01:29pm

What is BingX?BingX is a centralized cryptocurrency exchange founded in 2018 and headquartered in Singapore. It offers a range of trading options, including spot trading, margin trading, and futures trading. BingX also has a built-in copy trading feature that allows users to follow and copy the trades of experienced traders.Advantages of BingXCopy Tradi...

How to recharge on BingX exchange? Detailed graphic tutorial

Nov 25,2024 at 09:57pm

How to Recharge on BingX Exchange: A Comprehensive GuideIntroductionBingX is a reputable cryptocurrency exchange known for its user-friendly platform, low fees, and diverse trading options. To fully utilize the exchange's capabilities, users must top up their exchange wallet by depositing funds or recharging their accounts. This detailed tutorial will g...