The Binance team has created a licensed exchange specifically for US citizens and it is regulated in several US jurisdictions. The Binance US exchange is licensed in more than 10 US States and this exchange offers more than 100 cryptocurrencies with low trading costs guaranteed.

Binance US 9 key point overview:

1. ✔️Features
2. ✔️Overview
3. ✔️Features of the Binance US trading platforms
4. Tokenomics
5. How to open an account
6. Wallets
7. How to buy crypto on this exchange
8. Support
9. What makes Binance US special

Features

Overview

👉 You may not have noticed, but many crypto exchanges and Forex brokers do not accept clients from the United States because of strict regulations in the USA.

👉 Whether you are looking for an exchange with many financial products and features, either centralized, decentralized or as a US citizen, or if you are a developer looking for EVM-Compatible, dual-chain architecture to develop dApps and DeFi protocols on – Binance has what you need!

👉 Changpeng Zhao is the founder of the Binance Exchange, the Binance Chain (BC), Binance Smart Chain (BSC) and Binance US.

👉 These 4 platforms are designed to run parallel, with each one operating independently to fulfil a specific need in the market. In this review, we will be focusing on the Binance US exchange.

Features of the Binance US trading platforms

👉 When trading with Binance US, you can use either the mobile app or the Web trader.

👉 The Binance US mobile app can be downloaded for free from the App Store or Google Play.

👉 You can link this app to your Binance wallet and use it to easily manage your portfolio, make deposits and withdrawals, and trade over 100 popular cryptocurrencies.

👉 This app also allows you to create custom alerts for your favourite cryptocurrencies and you can use it to monitor and analyze charts over different timeframes.

👉 While the mobile app offers a more simplistic view of the markets, you can use the web trader if you are looking for in-depth charts and more advanced trading features and drawing tools.

👉 The web trader also has different order types and risk management tools and lets you view prices and spreads in real time.

👉 Not only does Binance US offer reliable and intuitive trading platforms, but you can also stake the cryptocurrencies you are not using or trading to earn up to 18% interest on them annually.

👉 To stake crypto with Binance US, all you need to do is create an account, fund it and choose one of the supported cryptocurrencies to start earning interest.

👉 You can stake directly from the website or use the mobile app.

👉 To learn more about staking and how it works, click on the “Products” tab and select “Staking” from the drop-down menu.

Tokenomics

👉 Binance uses the BNB utility token and also offers a USD-pegged stablecoin as part of its Venus Project, in collaboration with Paxos.

👉 Stablecoins can be redeemed for US dollars in a 1:1 ratio and the Binance stablecoin is a highly regulated coin that can be transferred globally at low costs.

👉 The BNB token can be used to pay for goods and services and also gives clients major discounts on their trading fees.

👉 BNB holders can also earn commission on referrals and this token can be staked to earn exclusive rewards.

👉 You can also use BNB to send and receive crypto using the Binance Pay app or apply for crypto loans.

👉 If you have a Binance Visa card, you can use BNB to pay for goods and services at more tha 60 million merchants worldwide.

How to open an account

Before you can start trading, exchanging, staking or mining on Binance US, you need to create an account. You can easily create an account in a few simple steps:

Step 1: Visit the Binance US website

Visit the official Binance US to start the process of opening an account

Step 2: Click on the “get started” button.

To open an account with Binance US, open the home page and click on the “Get started” button.

Step 3: Fill in the form.

You can sign up with your email address and you will be required to fill in your personal details. Once you have created your account, you must verify your email address or mobile number.

Once your account is verified and complete, you can make your first deposit and start trading!

Wallets

👉 Once you’re ready to buy crypto, you’ll need a wallet to store it in.

👉 There are different types of crypto wallets and the wallet you choose depends on your preferences, the type of digital assets you’ll be storing in it and the level of security you will need.

👉 Binance offers an incredible multi-chain crypto wallet that can be installed as an extension on Chrome, Edge, Firefox and Brave.

👉 You can easily manage your assets on BNB Beacon Chain, BNB Smart Chain, or the Ethereum network, and transfer your assets between your Binance account and Binance Wallet.

👉 You can also use this wallet to stake your BNB to earn daily rewards, with interest rates as high as 30% APR.

👉 The dApp browser can be used to explore apps built on the Binance Smart Chain and Ethereum.

👉 The Binance wallet also includes an exchange where you can easily swap tokens directly from your desktop or mobile wallet.

How to buy crypto on this exchange

👉 Now that you’ve created an account and linked your Binance wallet, you can buy crypto directly from the Binance web exchange or use the mobile app.

Support

👉 You now have an account and you’re ready to start trading, but if you need assistance with anything else, you can contact the Binance US support team.

👉 To submit a web ticket, scroll down to the bottom of the page and click on “Contact support” under the support menu and fill in the form.

👉 We also recommend visiting the support centre to view guides and tutorials on creating and managing your account, making deposits and withdrawals, and everything else you need to know about the platforms and products.

What makes Binance US special

👉 The Binance US exchange is one the best crypto trading platforms for US-based traders and investors because it is compliant with regulations and has a decent product offering and a staking program.

👉 Binance also offers both a stablecoin for borderless payments and a multi-purpose utility token that can be used to get discounts on trading fees and more staking rewards and it can be used to pay for goods and services from more than 60 million merchants globally.

👉 If you are curious about how you can use the Binance Smart Chain to explore and develop dApps, we recommend checking out the other Binance sites.

👉 Open your Binance account today to get a head start on your crypto trading career!