Binance US logo

Binance US

Major US cryptocurrency exchange with low fees

crypto
Founded 2019Regulation FinCEN Registered
Min InvestmentN/ASee details
Target ReturnVariesSee details
Annual Fee0.1%of AUM
LiquidityDaily 
AccreditedNoOpen to all

Pros & Cons

Pros

  • Low fees
  • Large selection
  • Advanced trading tools

Cons

  • Regulatory issues
  • Not available in all states
  • Complex for beginners
§ 01

The Brief

MoneyMade Verdict

Binance.US is a low-fee, U.S.-licensed crypto exchange with solid staking rewards and broad asset coverage, but aggressive state-level restrictions, no margin or futures trading, and the long shadow of its parent company's $4.3 billion DOJ settlement make it a platform you need to vet carefully before committing.

Binance.US launched in September 2019 as the U.S.-specific subsidiary of Binance, operated independently by BAM Trading Services and headquartered in the United States. It was created specifically to serve American retail crypto investors after the global Binance.com platform exited the U.S. market following regulatory pressure. The platform supports 190+ cryptocurrencies across hundreds of trading pairs, offers staking on 20 assets including ETH and SOL, and runs one of the more competitive spot trading fee structures available to U.S. residents — with base maker/taker fees on Tier 0 pairs at 0% maker and 0.0095% taker. USD services were restored on February 19, 2025, after a period of suspension tied to regulatory fallout from the parent company's 2023 DOJ settlement.

That said, Binance.US is not the same platform as Binance.com, and the distinction matters. It does not offer margin trading, futures, or the broader DeFi-adjacent products available internationally. Coin selection is roughly 190+ versus 500+ on the global platform. Geographic availability remains patchy: users in New York, Texas, Hawaii, Alaska, Vermont, and Maine cannot register, and new user onboarding remains paused in Connecticut, Florida, Georgia, Minnesota, North Carolina, Ohio, Oregon, and Washington. Some states — including Kansas and Wisconsin — permit only crypto-to-crypto trading with no USD deposit or withdrawal access.

§ 04

Head-to-Head

PlatformMinTarget ReturnAnnual FeeLiquidityAccredited
Binance US logoBinance USVaries0.1% trading feeDailyNo
Royal logoRoyal5–15% yieldPlatform feePerpetualNo
Luno logoLunoVariesSpread + 0.1% takerDailyNo
Lido logoLido3–5% APY10% on rewardsInstant (liquid staking)No
Public logoPublicMarket returns0–2% premium bond feeDailyNo
§ 06

Also in Crypto

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