This makes it difficult for people who are new to the space to exchange their home currency, like the US dollar or the euro, into their desired token and begin trading. What are the benefits of creating an account on Binance US?Ĭurrently, the vast majority of cryptocurrency exchanges allow only crypto-to-crypto exchanges. Once their funds are cleared by the platform, traders and investors can purchase popular cryptocurrencies like Bitcoin and Ethereum for a small exchange fee. Afterward, they can link their bank accounts and deposit dollars into their Binance US account.
Binance referral code does not exist license#
Users first create a Binance US account and verify their identity with a copy of their driver’s license or another identifying document. While Binance US is on track to expanding access to its platform to all 50 states in the US, at the time of writing, only US citizens residing in 43 states have access. How does Binance US work?īefore using Binance US’s services, potential customers should check to make sure that Binance US operates in their state. Binance US was developed separately from the larger Binance trading platform to be specifically accessible to US customers, overcoming the tight US financial regulations that have banned US citizens from using a large number of other cryptocurrency platforms. Compared to other cryptocurrency exchanges, Binance US’s main draw to customers is that it has licensed rights to use the trading engine and cryptocurrency wallets developed by Binance, the world’s largest cryptocurrency exchange.
0 kommentar(er)
