Binance US: Is it better than the original?

The crypto industry continues to come up with new ways to cater to users’ needs, and Binance has taken the next step by releasing Binance US. A platform made solely for crypto traders in the United States, it offers the same services that the original Binance platform has along with special features tailored to American audiences.

Crypto traders in America are in for an efficient and seamless crypto trading experience with this platform. It’s a version of the original Binance specifically made to cater to audiences in America. You can learn more about Binance US and what it offers in the coming sections:

Binance versus Binance US

Binance US exchange is currently available in 41 states across America. It’s a separate company run by CEO Catherine Coley and offers more than 50 different cryptocurrencies for trading. The number is small compared to Binance’s listing of 259, but it is still higher compared to other platforms in the US.

However, traders can still buy and sell digital assets with ease knowing that the transaction fees are relatively low. By launching a separate platform made solely for traders in the US, Binance will be able to cater to American audiences and have a platform especially for them.

Advantages of using Binance US

Binance US offers many familiar features, including services traders love about the Binance platform. Users can rest assured that their funds will be stored securely so they can have a seamless and efficient crypto trading experience.

See some of the reasons why you should use Binance US below:

A wide variety of supported cryptocurrencies

Binance US currently supports 52 different cryptocurrencies, along with some of the most popular coins in the market. These include Bitcoin, Ethereum, BNB, Litecoin, Cardano, Dogecoin, and many more.

To access the list of their offered coins, simply click on the ‘Buy Crypto’ button on the upper left side of the screen and you can choose from all 52 options. From there, you can start buying and selling cryptocurrencies with ease.

User-friendly interface

A platform needs to be welcoming and easy to use for all audiences. For old and new crypto traders alike, they should be able to navigate the user interface with ease whether they’re looking to do some research on the market statistics or trade digital assets.

Improved security measures

Binance US regularly enhances its security measures with better features and services. The platform has a score of 9.63 when it comes to cybersecurity, so you can rest assured that your funds will be safe!

Lower transaction fees

While Binance US has slightly higher transaction fees compared to its parent company, the prices are still lower compared to other platforms in the United States. With fees as low as 0.01%, traders can enjoy all the benefits of using Binance US.

Binance US exchange features

Besides all of the advantages that come with using Binance US, several features are made available as well. Users simply need to register or log in to their account to access all these and more! See some of the best features of Binance US below:

Access the Binance US app

You don’t have to go on your desktop all the time to experience the benefits of Binance US. American users can download the Binance US app available for mobile and tablets. You can enjoy the same features and have access to your Binance US account anytime, anywhere. All you need is a stable internet connection and you’re good to go!

Recurring purchases

For the seasoned traders out there, you don’t have to check your Binance US exchange account all the time to make transactions. Thanks to the recurring purchases feature, you can execute a buy or sell order when a cryptocurrency has hit a certain price. Simply set the target value and Binance US will handle the rest.

Trading pairs

Trading cryptocurrency pairs is another popular feature that most users look for today. It’s the practice of trading two different digital assets for each other. This saves you a lot of time and is incredibly convenient for avid crypto investors.

How to start trading with Binance US

Be sure to check if the platform is supported in your state. Visit the official website to create an account and get started. Here’s a step-by-step guide you can follow:

Step 1 – Create an account

When visiting the Binance US website, you will be asked to sign-up and provide personal information. This includes your email or phone number, and you’ll be asked to provide a strong password as well.

Step 2 – Enable security measures

You will be redirected to a new page, where you will be asked to verify your account. You also have the option to set up 2-factor authentication or link your Binance US account to an authenticator app on your phone.

Step 3 – Fund your account

Putting funds in your account is the next step now that you’ve successfully created your account. Log in to your account again after verifying then click on the ‘Deposit’ button found under the dashboard. You can convert fiat money to cryptocurrency or transfer funds from an existing account elsewhere.

Step 4 – Download the Binance US exchange app

Trade cryptocurrencies everywhere you go with Binance US exchange’s official app! You can access your account easily on your tablet or mobile phone with just a few taps. Simply place your login information and the data will automatically sync.

Step 5 – Start trading cryptocurrencies

When your account has been created and you’ve downloaded the app on mobile or your tablet, you can now enjoy everything that Binance US has to offer! Feel free to explore the platform and get an idea of the different features and categories.