Overview
Binance.US is the American arm of Binance, the world's largest crypto exchange by volume. It offers the lowest trading fees of any major US platform at a flat 0.10% (half that with BNB payment), plus access to hundreds of cryptocurrencies. For serious traders, the liquidity and fee savings are significant.
The platform has faced regulatory challenges — the SEC filed charges against Binance in 2023 — and it's not available in all US states. These concerns have pushed some users toward Coinbase or Kraken for a cleaner regulatory picture. That said, for traders who understand the landscape and want maximum fee efficiency, Binance.US delivers.
Pros & Cons
Pros
Industry-lowest fees
Huge coin selection
Strong liquidity
Advanced charting
Cons
Ongoing regulatory scrutiny
Not available in all US states
Complex interface
How to Buy Bitcoin on Binance.US
1
Check state availability at binance.us — not all states are supported
2
Create an account with email and enable 2FA immediately
3
Complete KYC verification with a government ID
4
Deposit via ACH bank transfer (free) or debit card
5
Navigate to "Buy Crypto" → select BTC → enter amount
Fee Breakdown
Spot trading: 0.10% maker/taker. Pay with BNB: 0.05% effective rate. ACH deposits: free. Debit card: 3.5% fee. Instant buy: higher spread applies. Volume discounts available.
Security
Binance.US uses cold storage for the majority of assets, mandatory 2FA, and biometric login on mobile. The SAFU fund (Secure Asset Fund for Users) provides emergency coverage. Independent from Binance global infrastructure since 2019.
Verdict
Binance.US wins on fees, full stop. If you're trading more than $1,000/month in Bitcoin, the 0.10% rate versus Coinbase's 0.60% saves meaningful money. The regulatory uncertainty is a real concern to weigh — if you're risk-averse about regulatory risk, Kraken or Coinbase are cleaner choices. If you prioritize cost efficiency and understand the tradeoffs, Binance.US is hard to beat.
Frequently Asked Questions
Is Binance.US safe to use?
Binance.US maintains cold storage and security standards comparable to other major exchanges. The regulatory concerns are about compliance, not asset safety — no customer funds have been lost.
Which states is Binance.US not available in?
Availability changes — check binance.us for the current state list. As of 2024, several states including New York, Texas, and others have had restrictions.
What are the lowest fees on Binance.US?
0.10% spot trading. Pay with BNB token for an additional 50% discount, bringing effective fees to 0.05%.