While phone numbers are a preferred method of 2FA, it’s important to remember that Binance won’t accept US phone numbers because of the regulatory roadblocks. The first step for US citizens looking to access Binance is to choose a suitable VPN provider that will meet their needs. There are several factors that users need to consider before choosing a provider, including the privacy, security, and fees charged by the VPN provider. Not all platforms offer these how to buy dogecoin in nevada advanced features, so be sure to do your own research before choosing the crypto ecosystem that’s right for you. Once you’ve decided on a crypto platform, create an account through which you can buy, sell, trade, and stake the cryptocurrency of your choice.
Granted that they’re both very well-known and industry-leading exchanges, that shouldn’t really be surprising. Whether or not the cryptocurrency exchange allows their users to remain anonymous. What kind of unique additional features are offered by a certain cryptocurrency exchange. Level of security & safety offered by a certain cryptocurrency exchange.
Be crypto confident
- I would pick a reasonably-priced VPN instead, like the VPNs on my list.
- In regards to Binance.US, things are actually a bit difficult – specifically, the exchange doesn’t really have all that much information about the security features that it employs.
- CyberGhost has servers in 100 countries across the globe, so there are plenty of locations to choose from for accessing Binance.com.
- In this article, learn how to buy and sell crypto on the digital asset exchange with the lowest fees in the U.S.
- Currently, new traders on the platform can expect 0,4% and 0,6% maker and taker fees, respectively.
NordVPN, ExpressVPN, and CyberGhost are some leading providers that fit the requirements for seamlessly trading on the Binance platform from the US. Binance is the largest crypto exchange in the world by transaction volumes, and the wide range of supported tokens has put it ahead of other players in the game. Still, US citizens have fewer cryptocurrencies to choose from, lower liquidity markets, and restrictions on derivatives trading compared to Binance global. Binance is banned from operating in the US after facing regulatory troubles in 2019. The exchange quickly launched buy bitcoin online with credit card Binance.US, but it falls short of the stellar services provided by the global Binance exchange.
In this situation, you’re either willing to accept the current market price for convenience, or you think that the current price is a good deal and likely to go higher (if buying) or lower (if selling) in the future. After you’ve purchased crypto or transferred it into your account, you’re ready to start trading. To buy crypto, first fund your account with fiat currency — government-backed money such as U.S. dollars. A valid Social Security Number (SSN) or other IRS Taxpayer Identification Number (TIN) is required to verify your identity on most crypto platforms. Learn how to trade crypto like a pro and how to protect your portfolio in the process.
Quick Comparison Table
All in all, the conclusion here seems simple – both exchanges support a similar number of different crypto assets. However, while Coinbase is accessible from multiple different countries around the world, Binance.US will offer its assets exclusively to individuals residing in the States. You can also use a VPN with Binance just to add an extra layer of privacy and security. All the VPNs on my list provide strong 256-bit AES encryption, a strict no-logs policy, and a kill switch to safeguard your crypto wallet and personal information.
It’s important to note that US citizens using a VPN can still use CoinStats to manage their portfolios on one intuitive platform. To track crypto and DeFi holdings on CoinStats, one of the leading crypto portfolio trackers, you simply need to connect Binance with the platform by pasting your API Key in the Connect Portfolio window. A step-by-step guide for users trying to access Binance services from the US using a VPN. As stated above, you must select a VPN that meets all the requirements necessary to guarantee success.
How to Access Binance.com While in the US: 2024 Guide
You can increase your level by trading crypto on the exchange – in other words, the more you trade, the better your fees are going to be. Whether or not the cryptocurrency exchange allows you to directly copy the positions taken by another trader and connect a part of your portfolio with theirs. A VPN hides your real IP address and location behind an IP address belonging to your provider in the country you connect to. This way, when you access Binance.com, it seems like you’re located elsewhere. If all else fails, a customer support rep should be able to help you access Binance.com.
🥈2. Private Internet Access — Highly Customizable Apps + Offers Dedicated IP Address
As the name might imply, Binance US is a US-dedicated cryptocurrency exchange. It’s a platform that’s designed and created specifically with all of the US-relevant regulations in mind, and is thus exclusive to the country. Sure, if you’re looking for Binance US leverage amounts or Binance US margin trading functionality, you’ll be saddened to find out that this platform offers far fewer features than its main counterpart. Binance offers competitive trading fees, impressive security offerings, a vibrant peer-to-peer platform, and leverage for traders looking to make the most of their opportunities. Binance fees are lower compared to other exchanges, and the regular updates of its features keep things fresh for Binance users. The combination of these features, as described in our Binance review, has made Binance the choice of millions of users across several jurisdictions.
On the left side of the screen, you have your trading charts, which you can customize and analyze, as you trade. With your wallet all set up and ready, the next step in figuring out can you use Binance in the US is to explore the crypto acquisition, as well as trading channels. As I said before, you can use Binance.com from anywhere in the world with the help of a VPN, which will bypass any geo-restrictions.
Please note that buying crypto python how do i do a case-insensitive string comparison on Binance with fiat currency is not supported or allowed in some countries. Please make sure you follow your country’s laws when interacting with Binance. This should give you a pretty good idea of where Binance.US stands, in that regard.