How does Binance US differ from the regular Binance exchange?

3 answers

• Nov 27, 2021 · 3 years ago
  Sure! Binance US is a separate cryptocurrency exchange that operates within the United States, while the regular Binance exchange is a global platform. The main difference between the two is that Binance US is compliant with US regulations and has a different set of supported cryptocurrencies compared to the regular Binance exchange. Binance US offers a smaller selection of cryptocurrencies due to regulatory restrictions, but it still provides a wide range of popular coins such as Bitcoin, Ethereum, and Litecoin. Additionally, Binance US has implemented stricter KYC (Know Your Customer) procedures to ensure compliance with US laws.
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• Nov 27, 2021 · 3 years ago
  Binance US and the regular Binance exchange have some differences in terms of features. Binance US offers spot trading, which allows users to buy and sell cryptocurrencies at the current market price. On the other hand, the regular Binance exchange provides a wider range of trading options, including spot trading, futures trading, and margin trading. Moreover, Binance US has a different fee structure compared to the regular Binance exchange. It's important to note that the availability of certain features may vary depending on your location and the regulations in place.
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• Nov 27, 2021 · 3 years ago
  From my experience at BYDFi, I can tell you that Binance US is a reliable and user-friendly platform for trading cryptocurrencies in the United States. It has been designed to comply with US regulations, ensuring a safe and secure trading environment. Binance US offers a seamless onboarding process, making it easy for users to create an account and start trading. The platform also provides a mobile app for convenient trading on the go. Overall, Binance US is a great option for US residents who want to trade cryptocurrencies with confidence.
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