![]() ![]() The U.S.-based exchange is not available in Hawaii, Texas, New York and Vermont. Where Is Binance.US Located?īinance.US is based in Palo Alto, California. Shroder graduated from Harvard Business School with an MBA and holds dual BS degrees in Accountancy and Management from The company’s CEO is Brian Shroder, a former executive director of Ant Group Co. The exchange was launched in September 2019 and is managed independently by BAM Trading Services. The platform is not available in all 50 states of America. platform offers users fewer cryptocurrencies and trading pairs than the global site, with 120+ assets, while the main exchange lists about 600. Both exchanges differ in terms of deposit and withdrawal methods, liquidity and trading fees. While Binance owns the Binance.US name and intellectual property, the exchange is managed independently by BAM Trading Services. regulations restricting the main exchange. The separate exchange was launched in response to U.S. registered arm of the world’s largest cryptocurrency exchange by trading volume - Binance. Users can also use derivatives products such as Binance Futures, settled in USDT, BUSD or other cryptocurrencies and Binance Options to leverage on their trades.īinance.US is the U.S. Traders can borrow funds and participate in margin trading on Binance Margin, which allows trading cryptocurrencies with up to 10X leverage. Is It Possible To Use Leverage or Margin Trading on Binance? In July 2022, Binance announced zero-fee trading for BTC spot trading pairs, and in August for ETH/BUSD pair. For regular users, a 0.10% maker taker fee is charged for spot trading. It charges based on a tiered system, from regular users to VIP 9. The platform is user-friendly and one of the cheapest with a huge selection of transaction types and an advanced set of trading tools for experienced investors. In September 2019, a separate dedicated platform for US clients, Binance.US, was launched. Futures and derivatives products are also not available in Germany, Italy and The Netherlands. However, some countries have restricted usage or features might be limited due to regulatory reasons, including but not limited to, China, Malaysia, Japan, UK and Thailand. Under the Binance Terms of Use, restricted locations include the United States, Singapore and Ontario (Canada). When Did Binance Launch?īinance was launched in June 2017, and within 180 days grew into the largest cryptocurrency exchange in the world. ![]() Yi was previously Vice President at a leading mobile video tech company, Yixia Technology, and co-founder of digital asset exchange OKCoin. Yi He is CMO at Binance and Head at Binance Labs, the company’s venture capital arm. His past experiences include Head of Bloomberg Tradebook Futures Research & Development team, founder of Fusion Systems and Head of Technology at. He studied at McGill University Montreal and had a successful track record as an entrepreneur. A Chinese-Canadian developer and business executive, Changpeng Zhao, who goes by CZ, is the company’s CEO. The global company was co-founded in China by Changpeng Zhao and Yi He. ![]() The Binance ecosystem now comprises of Binance Exchange, Labs, Launchpad, Info, Academy, Research, Trust Wallet, Charity, NFT and more. The platform has established itself as a trusted member of the crypto space, where users can buy, sell and store their digital assets, as well as access over 350 cryptocurrencies listed and thousands of trading pairs. Binance is the world’s largest crypto exchange by trading volume, with $76 billion daily trading volume on Binance exchange as of August 2022, and 90 million customers worldwide.
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