![]() ![]() ![]() Keep in mind that those using Binance Coin (BNB) receive a 25% reduction in trading fees. ADA/USD and DOT/USD are a few Tier II pair examples.Ĭustomers will want to check Binance.US’s fee structure to see the exact fees for the crypto pairs they want to trade. Tier II trades are a bit steeper and start at a 0.6% taker and 0.4% maker fee for trading less than $10,000 in a 30-day period on select Tier II asset pairs. A few examples of asset pairs under Tier I include ETH/USD and SOL/USD, to name a couple. Tier I trades start with a 0.2% taker and 0.1% maker fee for trades less than $10,000 on certain asset pairs within a 30-day period. All other trades fall under Tier I or Tier II. But this is limited to just four types of Bitcoin pairs: BTC/USD, BTC/USDC, BTC/USDT and BTC/BUSD. Commodity Futures Trading Commission (CFTC) for a host of potential violations.īy 2021, Binance completed its rerouting of U.S.-based users to Binance.US Feesīinance.US offers a tiered trading system to their customers. One of the reasons for the split had to do with the parent company facing an investigation by the U.S. If you’re interested in investing in crypto, Binance.US’s platform should offer most, if not all, of what you’re looking for.īinance.US split from its parent company Binance in 2019. Crypto is highly speculative and subject to volatility on the slightest bit of news. Regardless of what platform you use, remember that buying cryptocurrencies generally comes with a big buyer beware. edition of Binance offers fewer cryptos than its parent company supports in other geographical locales, and its educational resources are not as impressive. For users based within the company’s jurisdictions, this easy-to-use platform offers an excellent option among the world’s many crypto exchanges. In fact, some Bitcoin (BTC) pairs can be traded at no fee whatsoever. In addition, Binance.US carries high-security rankings as well as ultra-low fees. Staking is the ability to earn passive income on cryptocurrencies by using them as collateral to help facilitate building the coin’s blockchain.īinance.US is ranked among the top exchanges for staking in Forbes Advisor’s best staking platforms. Although this isn’t as many cryptocurrencies as parent company Binance offers international users, it should cover most cryptos an individual may be looking to trade.īinance.US also allows staking of 19 different cryptos, including Ethereum, Cardano (ADA), Polkadot (DOT), Polygon (MATIC), Solana (SOL) and The Graph (GRT), advertising yields as great as 12.5% annual percentage yield (APY). What Makes Binance.US a Good Choiceīinance.US offers more than 130 cryptos. It’s important to note that this crypto exchange is not available to residents of Hawaii, New York, Texas and Vermont.ĭespite these limitations, Binance.US remains one of the top 10 crypto exchanges in the world, according to crypto industry ranker. Its rock-bottom fees and extensive array of cryptos make it appealing to traders of all stripes.īinance.US is available to many, albeit not all, U.S. Source: is one of the world’s most widely used crypto exchanges-and for good reason. ![]() The chart below shows the updated list of trading pair removals. Update on June 8, 09:00 BST: Binance.US said they would no longer be removing USDT pairs. ![]() The exchange further noted that it had reduced the number of supported Convert trading pairs to 226.īinance US added that its users’ funds and assets remained safe and secure, adding that deposits and withdrawals function optimally. Binance US was yet to respond to CryptoSlate’s request for comment as of press time.Īdditionally, the exchange stated that it was streamlining its buy, sell & convert offering to 20 digital assets, including Bitcoin, Cardano, BNB, Tether, USD Coin, and others. It was unclear if the SEC’s classification had impacted Binance US’s decision to delist these trading pairs. These trading pairs include AXS/USDT, ATOM/USDT, COTI/USDT, MANA/BTC, and MANA/USDT. Meanwhile, some affected trading pairs included digital assets the SEC had labeled crypto security tokens in its lawsuit against the firm on June 5. Securities and Exchange Commission (SEC) sought a restraining order to freeze the assets of Binance.US’s parent company, BAM. The move is coming less than a day after the U.S. The exchange did not include further details of why it removed these assets’ trading pairs. Impacted Advanced Trading Pairs (Source: Binance.US) EDT.Ī breakdown of the removals showed that 95 assets were paired with USDT, eight cryptocurrencies were paired with Bitcoin, and two were paired with BUSD. Embattled crypto exchange Binance US said it would remove advanced trading pairs for over 100 crypto assets and pause its over-the-counter trading portal, according to a June 7 statement.īinance.US will remove USDT, BTC, and BUSD advanced trading pairs for digital assets like Bitcoin Cash, Aave, ApeCoin, Uniswap, Zcash, and others, on June 8 by 9 a.m. ![]()
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