Binance US vs Binance - How Do They Compare?
Binance is one of the most talked-about cryptocurrency exchanges at the moment. Established in 2017, the platform has reached incredible heights within a few years due to its low fees, various trading assets and cryptocurrencies, and efficient customer support.
As the regulatory compliance got stricter, it launched Binance US in 2019 to provide US traders with a different cryptocurrency exchange. At the moment, Binance US is the biggest cryptocurrency in the country. Still, many traders ask: “Is Binance US the same as Binance?”
To answer this question, Traders Union experts compared both platforms using 11 criteria to help you make the right choice according to your trading needs. We also gave each exchange an overall rating based on their respective performance in our analyzed parameters.
600+ cryptocurrencies can be traded on Binance, while Binance.US only offers access to 90+ coins. This is one of the key differences.
What is Binance US?
Binance US provides Binance's services in the United States after the rules and regulations have become tighter. At that time, US regulators considered a few crypto assets of Binance as "securities." The term refers to a financial products category, including bonds, stocks, and futures.
To trade securities, US traders require extensive licensing. Thus, Binance created a separate platform for US citizens, known as Binance US, instead of changing its rules and regulations. This decision turned out to be the best the company could take at that moment.
The United States has numerous cryptocurrency traders, owners, and users all over the country. As a result, Binance US soon got popularized and emerged as the largest cryptocurrency exchange.
Binance US offers low fees, several trading platforms, charting tools, investment instruments, etc.
Binance vs. Binance US: Ranking
Binance and Binance US have somewhat similar features and fees. However, you may find Binance more user-friendly than its offspring. Plus, it also has some features that Binance US doesn’t have.
So, before we dive into a deeper analysis of Binance vs. Binance US, let’s look at the comparison table of both platforms.
| Feature | Binance | Binance US |
|---|---|---|
Overall |
4.6 |
4.3 |
Regulation |
3.1 |
3.3 |
Fees |
4.8 |
4.8 |
Trading Assets |
5 |
3.7 |
Investment Instruments |
4.7 |
4.7 |
Platforms and Charting Tools |
4.9 |
4.9 |
Margin Rates |
4.5 |
4.5 |
Deposit and Withdrawal |
4.7 |
4 |
Research |
4.6 |
4.6 |
Education |
4.8 |
4.8 |
Support |
4.8 |
3.5 |
Promo |
4.2 |
2 |
Binance.com vs. Binance US: How Do They Differ?
Both Binance.com and Binance US are the best crypto exchanges globally. Despite being a part of Binance.com, Binance US differs in several aspects from its parent. These differences make them both unique and attractive in their own ways.
The major difference between Binance and Binance US is that US citizens can’t use the former. Instead, they are solely restricted to using Binance US. Moreover, they have different deposit and withdrawal methods, trading fees, and liquidity.
However, their customer support and security protocols are somehow similar. The below table will evaluate the pros and cons of Binance US vs. Binance in detail:
| Binance | Binance US | |
|---|---|---|
Overall Pros |
Low Trading and Non-Trading Fees |
Better safety for US citizens compared to Binance.com |
3 Account Fiat Currencies + 50 Crypto |
Low Trading and Non-Trading Fees |
|
Derivatives, NFT, ETF Available |
Advanced trading apps, Indicators, and drawing tools are Available |
|
Strong Research |
Passive Income With Staking and Mining Pool |
|
Trading with leverage up to 1:100 |
Strong Research |
|
Near 400 coins are available |
||
Overall Cons |
No tier-1 regulation |
Limited number of supported coins compared to Binance.com |
No allowed in the US |
No Promo |
|
Not allowed in 6 US states (New York, Texas, Louisiana, Hawaii, Idaho, Vermont) |
||
Debit Card purchase is not allowed |
||
No futures trading |
Binance vs. Binance US: Safety and Regulation
To stay compliant, Binance US has organized its regulations under the U.S. safety rules. However, unfortunately, the service is not available for all states. It is currently working in 44 out of 50 U.S. states. The six states that can’t benefit from Binance US are Louisiana, Hawaii, New York, Vermont, Idaho, and Texas.
It, of course, is a bummer for U.S. citizens living in these states. But luckily, the company has planned to be fully functional all over the U.S. so that we can hope for a better future ahead.
Similarly, Binance services are also not available worldwide. As a result, the company faced many compliance issues in many countries, including Canada, the U.K., Singapore, Japan, and Thailand. However, the company stated that it had made all the necessary regulatory changes to improve user experience by enhancing its compliance team with an impressive 500%.
Currently, no financial authority regulates Binance or Binance US. SEC, FINRA, and SIPC do not monitor or control whatever happens on the platforms.
| Regulated By | Binance | Binance US |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
Not Regulated |
Not Regulated |
Binance vs. Binance US: Trading Conditions
The minimum deposit, supported markets, leverage, base account currencies, and fees determine the trading condition of a cryptocurrency exchange. For example, there is no difference between Binance and Binance US minimum deposit amounts. The minimum deposit on both platforms is $10.
Likewise, both support mobile devices, web, and desktop trading platforms. They also offer 1:10 leverage (spot), so you can control digital assets costing $10 for each dollar in your account as a trader.
As far as leverage on futures is concerned, Binance offers 1:100 while Binance US doesn’t have any such feature.
Moreover, both exchange platforms have only one trading account.
One thing that gives Binance an upper hand over its US platform is its compatibility with a wide range of base account currencies.
On the other hand, Binance US only supports USD and a few cryptos as base currencies.
| Trading Conditions | Binance | Binance US |
|---|---|---|
Minimum Deposit |
$10 |
$10 |
Trading Platforms |
Web, Mobile, Desktop |
Web, Mobile, Desktop |
Leverage (spot) |
1:10 |
1:10 |
Leverage (futures) |
1:100 |
Not allowed |
Number of Trading Accounts |
1 |
1 |
Base Account Currencies |
USD, EUR, GBP +10 fiat currencies, 50+ Cryptocurrencies |
USD, crypto |
Binance vs. Binance US: Trading Assets
Among all the essential features, traders prefer having various trading assets on a crypto exchange.
Moreover, they also choose the platform that enables them to trade numerous cryptocurrencies as it eliminates the need for using different platforms for varying crypto exchanges.
Since Binance US only operates in the US, its trading assets experience more restrictions than Binance.com. In contrast, Binance.com is an international crypto-exchange working in several countries way before the US platform.
Binance supports more coins than Binance US with a heavy margin. Moreover, the latter also supports fewer cryptocurrencies than its parent company.
| Asset Name | Binance | Binance US |
|---|---|---|
Total number of Markets |
1,358 |
191 |
Supported coins |
395 |
85 |
Yes |
Yes |
|
Yes |
Yes |
|
Yes |
Yes |
|
Yes |
Yes |
|
Yes |
Yes |
|
Yes |
No |
|
Yes |
Yes |
|
Yes |
Yes |
|
Yes |
Yes |
|
Yes |
Yes |
|
Yes |
Yes |
|
Yes |
No |
|
Yes |
Yes |
|
DeFi Tokens |
Yes |
Yes |
Binance and Binance US: Liquidity
Liquidity refers to the ability of an asset to trade easily without inciting any considerable price change. Binance has made its name as the world’s biggest cryptocurrency exchange due to its trading volume. It offers more liquidity, which gives traders the ease of making quicker transactions and trade.
However, it doesn’t enable deposits and trading of US dollars. This means a big part of Binance’s trade volume takes place against coin pairs, like BTC-USDT, BTC-BUSD, and BTC-USDC. In case you don’t know, BUSD’s full form is Binance. USD, which is a USD-dominated coin (stable).
The trading volume of Binance.com encompasses a more extended cryptocurrency range than other exchanges.
Yet, Binance US is way behind its parent when it comes to liquidity. It has a long way to come near Binance.com in liquidity and ease of trading. For US users, this is perhaps a major downside and one of the reasons why traders look for other crypto exchange alternatives.
Binance US liquidity
Binance Fees vs. Binance US Fees
Fees is another important factor you should consider when choosing a crypto exchange. Binance.com and Binance US have trading fees, future trading fees, and non-trading fees.
Non-trading fees include withdrawal, deposit, and conversion fees, which apply to your transactions depending on your traded volume and currency.
Trading Fees
The trading fees of Binance.com vs. Binance US is exactly the same with no difference whatsoever. The standard trading fee of this exchange is 0.1%, which is more affordable than other exchanges like Coinbase.
The good thing is that you can further lower this amount by 25% by using BNB (Binance coin). The same applies when trading with Binance US. When it comes to credit card purchases, you’ll be required to pay US$10 or 3.5% on Binance.com.
The Binance US trading fees can even go as low as 0%. Apart from that, it has the same discount and referral bonuses as its parent.
| Fee | Binance | Binance US |
|---|---|---|
Max Maker |
0.1% |
0.1% |
Max Taker |
0.1% |
0.1% |
Min Maker |
0.012% |
0.012% |
Min Taker |
0.024% |
0.024% |
Debit/Credit Card Purchase Fee |
1% |
Debit card Purchase isn’t allowed, debit card transfer 4.5% |
Futures Trading Fees
Future trading is an excellent feature on cryptocurrency exchanges that allows traders to predict the price of a certain cryptocurrency. Cryptocurrencies have recently got the facility of future contracts, which are agreements that predetermine the price of an asset to buy or sell it later.
This trading has a particular fee as well, including maker and taker charges.
Binance.com has quite reasonable future trading fees, i.e. 0.02%, as compared to other exchanges. Moreover, the minimum maker and taker fee can also go as minimum as 0%. Unfortunately, Binance US doesn’t support future trading at all.
.| Fee | Binance | Binance US |
|---|---|---|
Max Maker |
0.02% |
Futures Trading not allowed |
Max Taker |
0.04% |
|
Min Maker |
0% |
|
Min Taker |
0% |
Non-Trading Fees
Non-trading fees are also included in the overall trading charges of a cryptocurrency exchange platform. Typically, non-trading fees consist of account and deposit fees, along with bank transfer withdrawal, credit and debit card withdrawal, and inactivity fees.
Binance.com and Binance US don’t charge any deposit, account, or inactivity fees. However, they do have bank transfer withdrawal fees. Since Binance US doesn’t allow debit/credit card withdrawal, it doesn’t charge additional fees.
Comparatively, Binance US has way higher bank transfer withdrawal fees than Binance.com, standing at US$15, while the latter charges only US$1.5.
| Fee | Binance | Binance US |
|---|---|---|
Account Fee |
0% |
0% |
Deposit Fee |
0% |
0% |
Bank Transfer Withdrawal Fee |
1.5 USD |
15 USD per transaction |
Debit/Credit Card Withdrawal Fee |
1% |
Not Allowed |
Inactivity Fee |
0% |
0% |
Binance US vs. Binance.com: Margin Rates
The margin rates are the percentages of a position’s total value that is mandatory for traders to have in their account in order to open the position. This means if you want to open a $2,000 trade with a margin rate of 5% and 1:10 leverage (spot), you must have $100 in your account.
Margin rates help traders overcome any loss that they may experience in the future since they have enough funds in their accounts.
In simpler words, if an asset’s price diverges from a trader’s position, they may experience an instant decline in their position’s value. The exchange platform will close that position if the trader doesn’t have adequate funds to overcome the loss. This is to prevent any further losses.
The margin rates for USDT and BTC stand the same for Binance.com and Binance US. Both have annual margin rates.
| Feature | Binance | Binance US |
|---|---|---|
BTC (changing) |
3.6% yearly |
3.6% yearly |
USDT |
7.3% yearly |
7.3% yearly |
Binance or Binance US: Passive Income Tools
Offering passive income tools gives a crypto exchange platform a cutting edge over its competitors. Both Binance US and Binance.com have mining pools that enable traders to take part in earning rewards. Apart from that, both also allow traders to make more interests on their assets.
So far, Binance’s staking and mining pool are among the best in the crypto industry for being efficient, safe, and profitable. However, the exchange also lacks managed accounts, MAM/PAMM, and other investment tools in the US version.
In short, Binance and Binance US both have similar passive income tools.
| Investment Tools Name | Binance | Binance US |
|---|---|---|
Staking |
Yes |
Yes |
Mining Pool |
Yes |
Yes |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
No |
Best Trading Platform: Binance or Binance US
Almost all crypto exchange platforms offer various trading platforms to assist traders and make things easier for them. These include web versions, mobile apps, and desktop versions. While web and desktop versions are the best options for traders working from offices, the mobile app is ideal for those who are always in a rush.
Binance is also popular as a user-friendly crypto exchange. Therefore, it offers versions for all three trading platforms: web, desktop, and mobile. The same platforms are used by Binance US as well.
| Platforms | Binance | Binance US |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
Yes |
Mobile (Android, iOS) |
Yes |
Yes |
Trading Platforms Features
Trading platforms features make trading even easier for beginners. The features include a search bar, two-factor authentication (via SMS, app, and voice call), and filters.
The “search bar” allows traders to locate the asset they want to trade quickly. Meanwhile, “filters” help organize or sort out assets based on different aspects, such as price, reward, etc., and find the most-suitable token.
On the other hand, the two-factor authentication ensures the full-proof safety of your assets via voice call, app, or SMS.
Both Binance.com and Binance US offer filters, a search bar, and two-factor authentication based on SMS and app, excluding voice calls.
| Trading Platform Features | Binance | Binance US |
|---|---|---|
SMS Based 2 FA |
Yes |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis/Charting Tools
Traders usually prefer those crypto exchange platforms that offer a wide range of charting tools and technical analysis instruments. These tools enable traders to avail themselves of market opportunities by predicting price fluctuations.
For example, moving averages (indicators) help traders determine resistance levels, while the drawing tool assists in identifying trends.
Binance.com and Binance US both offer similar charting and technical analysis tools, including indicators, drawing tools, historical trades, and live 2 quotes.
| Tools | Binance | Binance US |
|---|---|---|
Indicators |
50+ |
50+ |
Drawing Tools |
16+ |
16+ |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile Trading
Mobile versions of crypto exchanges help traders perform activities on the go. The mobile apps of both Binance.com and Binance US support various Android and iOS versions and their features. This includes Touch ID and Face ID as well.
However, both are unavailable for the Apple Watch App.
| Features | Binance | Binance US |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
Yes |
Yes |
Face ID |
Yes |
Yes |
Types of Orders
Both platforms offer the same type of orders too. These include stop limit, limit, market, stop loss, and trailing stop orders.
| Orders | Binance | Binance US |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
Yes |
Yes |
Stop Limit |
Yes |
Yes |
Trailing Stop |
No |
Yes |
Binance vs. Binance US: Deposit and Withdrawal
Both platforms offer bank transfers and crypto withdrawals. However, Binance US doesn’t support credit/debit cards and electronic wallets withdrawal methods like its parent company.
| Deposit and Withdrawal Method | Binance | Binance US |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Credit/Debit Card |
Yes |
No |
Electronic Wallets |
Yes |
No |
Crypto |
Yes |
Yes |
Binance.com vs. Binance US: Research
The research type of both platforms are comparable. Both have basic research tools, such as news feed, trading ideas, e-mail reports, chart analysis, and fundamental data.
| Research Type | Binance | Binance US |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
No |
E-Mail Reports |
Yes |
Yes |
Binance.com vs. Binance US: Education
Both platforms have similar educational resources, including videos, webinars, and articles. However, they don’t support the demo account feature.
| Education Type | Binance | Binance US |
|---|---|---|
Demo-account/Paper Trading |
No |
No |
Courses |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Webinars |
Yes |
Yes |
Books |
No |
No |
Binance vs. Binance.US: Support
Binance and Binance US offer exceptional 24/7 customer support to their users. However, unlike Binance.com, Binance US doesn’t support various features like phone support and online chat.
| Support Features | Binance | Binance US |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
Yes |
No |
Online chat |
Yes |
No |
Other |
Telegram |
No |
Binance vs. Binance US: Promo
Binance offers a special registration bonus to its new traders. Unfortunately, Binance US doesn’t support any such offers. In addition, you can also earn commission by being a part of the referral programs on both platforms.
| Promo | Binance | Binance US |
|---|---|---|
Special Offers |
Registration Bonus |
Not supported |
Referral Program |
Yes |
Yes |
Is Binance US Safe? Is it Legit?
As of January 2023, the world-renowned cryptocurrency exchange review site (CER) placed Binance US in the fifth spot in the most secure crypto exchange list. In addition, the review site ranked Binance US higher than Coinbase and even Binance.com.
Upon signing up on Binance US, you can activate two-factor authentication, create an anti-phishing code, and authorize tour identity through your national ID card.
Binance US has specific sets of rules and regulations concerning US laws. However, Binance.com stays compliant with international laws. US citizens can’t use Binance at all. Instead, they need to use Binance US if they live in those 54 states where the platform is available.
Binance or Binance US: Which is Better in 2024?
Without any doubt, Binance.com stands out from Binance US in many aspects. The former has many cryptocurrencies, features, trading assets, and better customer support. It is also easier to use than its US counterpart.
The original Binance also offers discounts and special offers to newly-registered traders. Moreover, it provides leverage on futures as well. Unfortunately, Binance US fails to provide these features.
Thus, currently, Binance.com is by far a better exchange platform.
Binance vs. Binance US: What Should I Use?
If you’re a US citizen, you can only use Binance US as the main Binance doesn’t fully support American traders. Similarly, if you want to trade from outside the American boundaries, Binance.com is the best option.
Binance vs. Binance US - Which Is Better?
Undoubtedly, Binance is a way better and more advanced platform for traders. It is suitable for beginners and experienced cryptocurrency traders alike. You can enjoy a wide range of cryptocurrencies and trading assets on Binance if you’re not operating in the US.
Binance US has a far effective security system, along with regulatory compliance. While Binance.com provides lending and margin trading, Binance US offers spot trading.
Although Binance.com is a winner here, you need to evaluate your trading strategy, goals, and location to choose the best exchange platform.
Binance vs Binance US: Available Cryptocurrencies and Trading Assets
Currently, Binance is offering more than 500 cryptocurrencies and 12,000+ trading asset pairs to the traders. These include some prominent names like Bitcoin (BTC), Litecoin (LTC), Dogecoin (DOGE), Binance Coin (BNB), Uniswap (UNI), Ripple (XRP).
On the other hand, Binance US supports a limited number of cryptocurrencies. It offers around 64 cryptos for trading.
Top 5 Reviews on Binance
-
Comment
Despite the growing number of reported hacks in the crypto space, I never once felt worried about using Binance as my crypto exchange. They have the most extensive security verification methods, and this makes me feel that trusting my funds with them is one of the best decisions I’ve made. Earlier this year I lost my phone number to which my Binance acct was connected and got very worried that my funds will be compromised. Turns out, it was easy to replace my old contact info with my new number, and they also suggested that I activate my 2-factor authentication for an extra layer of protection. I have also recently activated my passkeys for added security. All these years, Binance has been nothing but a trustworthy platform to me. I only trade crypto with them and nowhere else.
-
Comment
I created my account with Binance four years ago. It was during the middle of the crypto boom. I thought it was just a phase and would completely forget about it after the pandemic. But it turns out it is not :D. I still actively trade with the same account. Probably what made me stay is the ease of use, either when I am trading with the website or through the Binance app. Features in both platforms are easy to understand and use. I never had to consult YouTube videos as I normally do with my other brokerage accounts to figure out how a certain tool/button works. What you see is what you get. Never had issues with order execution, deposits, and withdrawals either which made the overall trading experience an excellent one all these years. I think Binance took over the crypto market easily for the same reason. It sold us the idea that trading is easy after all.
-
Comment
My experience with Binance has been predominantly positive. The platform's extensive cryptocurrency offerings, user-friendly interface, advanced trading features, and commitment to security make it a compelling choice for both novice and experienced traders alike.
-
Comment
Binance is the best cryptocurrency exchange for me. There is a very rich selection of cryptocurrency pairs, and many new tokens are added. The crypto rate is market-based, I checked with different exchanges, there is no big difference. With Binance, you can get a good return. I recommend the exchange.
-
Comment
I chose Binance for a reason. I have long been interested in P2P trading, and Binance, as far as I know, is one of the few exchanges where this way of earning is available. I myself, of course, also trade, but I get the main income precisely through P2P. And it cannot be said that I would recommend Binance for trading. The company is not bad, but there are nuances: my terminal hung up a couple of times, well, I spent time going through verification, be healthy. But the commissions are low, and the deposit requirements are minimal, so there are plenty of traders here, especially beginners. What sets Binance apart from most exchanges is that a cold wallet is available, but given how often exchange accounts get hacked… I would think so.
Top 5 Reviews on Binance.US
-
Comment
Despite the growing number of reported hacks in the crypto space, I never once felt worried about using Binance as my crypto exchange. They have the most extensive security verification methods, and this makes me feel that trusting my funds with them is one of the best decisions I’ve made. Earlier this year I lost my phone number to which my Binance acct was connected and got very worried that my funds will be compromised. Turns out, it was easy to replace my old contact info with my new number, and they also suggested that I activate my 2-factor authentication for an extra layer of protection. I have also recently activated my passkeys for added security. All these years, Binance has been nothing but a trustworthy platform to me. I only trade crypto with them and nowhere else.
-
Comment
I created my account with Binance four years ago. It was during the middle of the crypto boom. I thought it was just a phase and would completely forget about it after the pandemic. But it turns out it is not :D. I still actively trade with the same account. Probably what made me stay is the ease of use, either when I am trading with the website or through the Binance app. Features in both platforms are easy to understand and use. I never had to consult YouTube videos as I normally do with my other brokerage accounts to figure out how a certain tool/button works. What you see is what you get. Never had issues with order execution, deposits, and withdrawals either which made the overall trading experience an excellent one all these years. I think Binance took over the crypto market easily for the same reason. It sold us the idea that trading is easy after all.
-
Comment
My experience with Binance has been predominantly positive. The platform's extensive cryptocurrency offerings, user-friendly interface, advanced trading features, and commitment to security make it a compelling choice for both novice and experienced traders alike.
-
Comment
Binance is the best cryptocurrency exchange for me. There is a very rich selection of cryptocurrency pairs, and many new tokens are added. The crypto rate is market-based, I checked with different exchanges, there is no big difference. With Binance, you can get a good return. I recommend the exchange.
-
Comment
I chose Binance for a reason. I have long been interested in P2P trading, and Binance, as far as I know, is one of the few exchanges where this way of earning is available. I myself, of course, also trade, but I get the main income precisely through P2P. And it cannot be said that I would recommend Binance for trading. The company is not bad, but there are nuances: my terminal hung up a couple of times, well, I spent time going through verification, be healthy. But the commissions are low, and the deposit requirements are minimal, so there are plenty of traders here, especially beginners. What sets Binance apart from most exchanges is that a cold wallet is available, but given how often exchange accounts get hacked… I would think so.
FAQs
Is Binance US the same as Binance?
Binance US is a subsidiary of Binance, but it operates independently and has its own policies and regulations. Binance US is a separate platform that is designed to comply with US laws and regulations.
Is Binance US only for US citizens?
Yes, Binance US is only available to residents of the United States who have a valid social security number or tax identification number. Users must also undergo a KYC (Know Your Customer) verification process before they can use the platform.
Is it OK to use Binance in the US?
Technically, US residents are not supposed to use Binance's global platform, which is not compliant with US regulations. However, Binance US is a separate platform that is designed to be compliant with US laws and regulations, so it is OK for US residents to use Binance US.
What is the Difference Between Binance US Vs Binance?
Binance is a parent company of Binance US, specially created for US citizens. Both offer similar features in various aspects with a few differences. They have almost similar customer support and security protocols, but different fees and liquidity.
Can US Traders Use Binance?
No, US residents can’t use Binance. They can only use Binance US, which is available in 54 states.
Does Binance US Have Better Security than Binance?
Although both platforms have somewhat similar security protocols, Binance US has the upper hand over its parent company. It is ranked fifth in the most secure cryptocurrency exchanges list by CER, leaving Binance behind.
How Many Cryptocurrencies Does Binance Support?
Binance supports 500+ cryptocurrencies and more than 1,200 trading pairs. On the other hand, Binance US offers just a little above 60+ cryptocurrencies.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
The area of responsibility of Mikhail includes covering the news of currency and stock markets, fact checking, updating and editing the content published on the Traders Union website. He successfully analyzes complex financial issues and explains their meaning in simple and understandable language for ordinary people. Mikhail generates content that provides full contact with the readers.
Mikhail’s motto: Learn something new and share your experience – never stop!
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
Olga has extensive experience in writing and editing articles about the specifics of working in the Forex market, cryptocurrency market, stock exchanges and also in the segment of financial investment in general. This level of expertise allows Olga to create unique and comprehensive articles, describing complex investment mechanisms in a simple and accessible way for traders of any level.
Olga’s motto: Do well and you’ll be well!