Overall, offers a vast array of supported assets and trading choices for international traders. Binance Identity Verification Failed… and its rates are also some of the lowest in the market. While there are some positives about the platform, its compliance concerns are a cause for concern.
If does not sound like the right alternative, you may wish to consider Coinbase Pro, which is one of its primary competitors.
vs. Coinbase Pro
and Coinbase Pro are the two biggest exchanges on the planet. They also provide active traders adaptability in trading choices and possessions. Here’s how the two platforms compare.
worldwide assistances more cryptocurrencies than Coinbase Pro, nevertheless, U.S. supports less cryptocurrencies than Coinbase Pro
‘s spot trading fees are lower than the maker-taker charges on Coinbase Pro
uses a rewards program for holding BUSD on its platform, while Coinbase Pro offers benefits for staking your digital properties on its platform
Coinbase Pro users have access to a native digital wallet, while users do not
Coinbase is typically considered as among the most stable, protected cryptocurrency exchanges, while has run into various issues with security and compliance
Both and Coinbase Pro offer a sophisticated trading experience. While has usually lower costs and more international trading alternatives, the Binance.US platform is more minimal with fewer alternatives than Coinbase Pro, which could make Coinbase Pro a better choice for U.S. financiers. Citizens of other nations might feel the reverse is true.
In addition, while’s charges are lower, they are likewise having compliance problems in other countries and are being investigated in the U.S. Coinbase has likewise run into current problems with U.S. regulators, though the issues are less about the total platform and more about its Provide program. Overall, Coinbase is considered a more steady, safe and secure platform than.
FINAL DECISION
While is the largest cryptocurrency exchange worldwide, the ongoing investigations, and the long list of nations banning or restricting its services are cause for concern. Its platform may likewise be too complicated for new cryptocurrency financiers.
Nevertheless, if you’re an experienced international trader who aspires to check out different tokens and trade choices, might have the functions you’re looking for. Active traders based in the U.S. might discover some opportunity on.US, however it offers less supported cryptocurrencies than the global platform. Make certain to do your due diligence and compare platforms before beginning with.
Approach
Investopedia is dedicated to helping those interested in cryptocurrency investing make informed and safe choices. We are dedicated to providing our readers with objective evaluations of the leading cryptocurrency exchanges for investors of all levels.
Exchanges were examined on points including security, fees, variety of cryptocurrencies available, and more. We likewise considered if the exchange is managed by a correct firm or completely decentralized. Our full cryptocurrency exchange method, consisting of the review process and weighted information points, is offered for review.
Exchange continues to be one of the leading cryptocurrency exchanges worldwide by providing users the most cryptocurrency trading pairs of any relied on exchange, leading to having the greatest trading volume of any crypto exchange.
Founded in 2017 by Changpeng Zhao, rapidly became a leading cryptocurrency exchange and has its own crypto called Coin. offers users ways to acquire crypto properties directly using fiat currencies or a credit card. can be accessed through its website, desktop, or mobile app
. United States uses a few aspects to identify spot trading charges, however in general, even casual users will be able to trade Bitcoin free of charge. For other cryptocurrencies, spot trading charges vary from 0% to 0.6%. Here are the variables that.US takes into consideration:
Users who pay charges using.US’ native BNB cryptocurrency get 25% off trading costs.
At the time of writing, for every Litecoin (LTC) that you desire to withdraw, it would cost you 0.01 LTC in charges. Nevertheless, if the worth of Litecoin increased, so would the withdrawal fee. This is since the cost is fixed to the price of Litecoin, and not top the price of USD (or your regional currency).
There are no limitations to the worth of deposits you make, however if you wish to withdraw cryptocurrency, then you would need to validate your account. This can be done by submitting recognition, such as your passport.
�” Prizes
Regular traders on exchange have the chance to win rewards. These rewards alter all the time, and have up until now consisted of complimentary cryptocurrencies, such as Waves (WAVES) and Ontology (ONT). They have even a handed out a Maserati car! How cool is that!
�” ICO Launchpad
is well known for listing new cryptocurrencies as quickly as their ICO has ended up. This reveals that numerous crypto companies consider as their favorite exchange. does not just list any old cryptocurrency, though, it needs to really show itself as a strong cryptocurrency for the exchange to note it.
�” Security
takes security very seriously, and customers are asked to set up two-factor authentication (2FA) when they sign up an account. 2FA is an additional level of security that sends out a special code to your mobile phone whenever you want to visit, trade, or withdraw funds
Various cryptocurrencies cost various total up to trade.
Trading fees likewise vary depending on how much you trade, with lower-volume customers paying more.
There are no costs for money deposits or withdrawals by ACH bank transfers. Bank wire deposits are totally free, and wire withdrawals cost $10 to $15.
Charges for cryptocurrency withdrawals differ by cryptocurrency; withdrawals of Bitcoin cost 0.0002 BTC.
Variety of cryptocurrencies: 5 out of 5 stars
United States uses the purchase and sale of about 125 cryptocurrencies.
Crypto-to-crypto trading pairs: 4.5 out of 5 stars
US presently uses more than 150 crypto-to-crypto trading sets. While this is a high number, trading sets are limited to just Bitcoin and stablecoins.
Storage and security: 3.5 out of 5 stars
Trust Wallet is the main wallet for users, a complimentary app to store cryptocurrency that is highly rated by Google Play and App Store users. Users, however, are welcome to utilize their own option of crypto wallet.
There have been no reported breaches at.US, but the international website reported in 2019 that hackers stole 7,000 bitcoins worth $40 million at the time. The company said it paid the losses in full to impacted users.
All U.S. dollar deposits at.US are held at custodial bank accounts and guaranteed up to $250,000 for bank failure by the Federal Deposit Insurance Coverage Corp. But.US does not state whether it has personal insurance for crypto deposits held on its services.
Unlike stock brokerages, cryptocurrency exchanges such as Binance.US are not covered by the Securities Financier Protection Corporation, which protects financiers as much as $500,000 in total cash and securities loss in case of a brokerage failure, unauthorized trading or theft.
US offers staking benefits on 11 coins, with rates up to 13.5. The amount of time that will take differs depending on the cryptocurrency in concern.
Mobile app: 4 out of 5 stars
. United States apps have an average rating around 4 stars in the iOS and Android shops.
Consumer support options: 4 out of 5 stars
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