In general, uses a vast array of supported assets and trading alternatives for worldwide traders. How To Contact Binance Us By Phone… and its rates are also a few of the lowest in the industry. While there are some positives about the platform, its compliance problems are a cause for issue.
If doesn’t seem like the right choice, you might want to consider Coinbase Pro, which is one of its main competitors.
vs. Coinbase Pro
and Coinbase Pro are the two biggest exchanges worldwide. They also provide active traders flexibility in trading options and properties. Here’s how the two platforms compare.
worldwide assistances more cryptocurrencies than Coinbase Pro, however, U.S. supports fewer cryptocurrencies than Coinbase Pro
‘s spot trading costs are lower than the maker-taker costs 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 generally regarded as one of the most stable, secure cryptocurrency exchanges, while has faced numerous concerns with security and compliance
Both and Coinbase Pro offer a sophisticated trading experience. While has generally lower charges and more worldwide trading options, the Binance.US platform is more limited with less options than Coinbase Pro, which might make Coinbase Pro a better option for U.S. investors. On the other hand, citizens of other nations may feel the reverse is true.
Additionally, while’s costs are lower, they are also having compliance issues in other countries and are being investigated in the U.S. Coinbase has also faced recent issues with U.S. regulators, though the problems are less about the general platform and more about its Provide program. Overall, Coinbase is considered a more stable, safe and secure platform than.
While is the largest cryptocurrency exchange in the world, the continuous investigations, and the long list of nations banning or limiting its services are cause for concern. Its platform may also be too complicated for brand-new cryptocurrency financiers.
However, if you’re a skilled global trader who’s eager to check out different tokens and trade choices, might have the functions you’re looking for. Active traders based in the U.S. might find some opportunity on.US, but it provides fewer supported cryptocurrencies than the international platform. Ensure to do your due diligence and compare platforms before getting going with.
Investopedia is committed to assisting those thinking about cryptocurrency investing make notified and safe decisions. We are dedicated to offering our readers with objective evaluations of the top cryptocurrency exchanges for financiers of all levels.
Exchanges were evaluated on points including security, costs, number of cryptocurrencies readily available, and more. If the exchange is regulated by a proper agency or completely decentralized, we also considered. Our full cryptocurrency exchange approach, consisting of the evaluation procedure and weighted information points, is available for evaluation.
Exchange continues to be among the top cryptocurrency exchanges worldwide by providing users the most cryptocurrency trading sets of any trusted exchange, resulting in 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 methods to buy crypto properties straight using fiat currencies or a charge card. can be accessed through its website, desktop, or mobile app
. US uses a few elements to determine area trading fees, but in general, even casual users will have the ability 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 account:
Users who pay charges using.US’ native BNB cryptocurrency get 25% off trading expenses.
At the time of writing, for every Litecoin (LTC) that you desire to withdraw, it would cost you 0.01 LTC in costs. Nevertheless, if the value of Litecoin increased, so would the withdrawal charge. This is due to the fact that the cost is fixed to the cost of Litecoin, and not top the rate of USD (or your regional currency).
There are no limits to the value of deposits you make, but if you wish to withdraw cryptocurrency, then you would need to verify your account. This can be done by sending recognition, such as your passport.
Regular traders on exchange have the opportunity to win rewards. These prizes alter all the time, and have actually so far consisted of free cryptocurrencies, such as Waves (WAVES) and Ontology (ONT). They have even a distributed a Maserati vehicle! How cool is that!
” ICO Launchpad
is popular for listing new cryptocurrencies as quickly as their ICO has ended up. This shows that lots of crypto business consider as their preferred exchange. does not simply note any old cryptocurrency, however, it has to truly prove itself as a strong cryptocurrency for the exchange to note it.
takes security very seriously, and consumers are asked to set up two-factor authentication (2FA) when they sign up an account. 2FA is an extra level of security that sends out an unique code to your cellphone every time you wish to visit, trade, or withdraw funds
Different cryptocurrencies cost different total up to trade.
Trading costs also differ depending upon how much you trade, with lower-volume customers paying more.
charges an extra 3.75% for debit card transfers (. US does not permit charge card purchases). There are no charges for cash deposits or withdrawals by ACH bank transfers. Bank wire deposits are complimentary, and wire withdrawals cost $10 to $15.
Charges for cryptocurrency withdrawals differ by cryptocurrency; withdrawals of Bitcoin expense 0.0002 BTC.
Number of cryptocurrencies: 5 out of 5 stars
US provides the purchase and sale of about 125 cryptocurrencies.
Crypto-to-crypto trading sets: 4.5 out of 5 stars
US presently offers more than 150 crypto-to-crypto trading pairs. While this is a high number, trading pairs are limited to simply Bitcoin and stablecoins.
Storage and security: 3.5 out of 5 stars
Trust Wallet is the main wallet for users, a complimentary app to save cryptocurrency that is highly ranked by Google Play and App Store users. Users, nevertheless, are welcome to utilize their own option of crypto wallet.
There have been no reported breaches at.US, but the worldwide site reported in 2019 that hackers took 7,000 bitcoins worth $40 million at the time. The company stated it paid the losses completely to impacted users.
All U.S. dollar deposits at.US are held at custodial checking account and insured approximately $250,000 for bank failure by the Federal Deposit Insurance Coverage Corp. But.US does not say whether it has personal insurance coverage for crypto deposits hung on its services.
Unlike stock brokerages, cryptocurrency exchanges such as Binance.US are not covered by the Securities Investor Protection Corporation, which secures investors up to $500,000 in total cash and securities loss in case of a brokerage failure, unapproved trading or theft.
United States uses staking benefits on 11 coins, with rates up to 13.5. The quantity of time that will take differs depending on the cryptocurrency in question.
Mobile app: 4 out of 5 stars
. United States apps have an average rating around 4 stars in the iOS and Android shops.
Client support options: 4 out of 5 stars