Binance.US vs BIT Crypto Exchange

Binance.US4.1/5

VS

BIT Crypto Exchange3.4/5

Feature	Binance.USVisit	BIT Crypto ExchangeVisit
Ratings
Our score	4.1/5	3.4/5
User rating	No reviews yet	No reviews yet
Fees	5.0	4.0
Security & trust	4.0	2.5
Asset selection	4.0	4.5
Ease of use	4.0	3.5
Support	3.5	3.0
Specs
Markets	Spot, OTC	Spot, Futures, Options, Margin, OTC
Maker fee	0%	0.1%
Taker fee	0.02%	0.1%
Coins listed	200	Not disclosed
Fiat deposit methods	Bank transfer, Card, Apple Pay, Google Pay, ACH	Not disclosed
KYC required	Yes	Yes
Accepts US customers	Yes	Not disclosed
Proof of reserves	Yes	No
Staking / earn	Yes	Yes
Mobile app	Yes	Yes
Licenses & registrations	FinCEN MSB, 32 US State Money Transmitter Licenses	Singapore MPI, Hong Kong TCSP, Hong Kong Money Lender, Switzerland SRO, UK AR, US MSB, BVI VASP
Security features	U.S.-based cold storage, Multi-factor authentication, SOC 2 Type II certified, ISO 27001 certified, ISO 27701 certified	Cold storage, Account-level isolation, Multi-sig protocols, Segregated custody
Futures & perpetuals	No	Yes
Copy trading	No	Not disclosed
P2P market	No	Not disclosed
Earn / savings products	Yes	Yes
User protection fund	No	No
Referral program	Yes	Not disclosed
Company
Founded	2019	2019
Headquarters	United States	—
Investors	RRE Ventures, Circle Ventures, Foundation Capital, Original Capital +1	Not disclosed
Strengths and weaknesses
Pros	0% maker fees across all 250+ spot trading pairs Zero-fee fiat deposits and withdrawals through bank ACH transfers SOC 2 Type II and ISO 27001 third-party security audits Staking support across 25+ proof-of-stake cryptocurrencies	Spot fees from 0.1% and futures maker fees starting at 0.03% Cross-asset trading across crypto, tokenized commodities, and US and HK stocks Regulated across seven jurisdictions, including Singapore, Switzerland, and the UK Pioneered dual-currency and multi-scenario structured yield instruments
Cons	Unavailable to residents in 16 U.S. jurisdictions, including New York and Texas ACH fiat deposits carry a mandatory 7-day withdrawal hold Centralized custody model requires full trust in the exchange for fund safety Mandatory KYC identity verification required before trading or depositing	Centralized custody without public proof-of-reserves audits No user deposit insurance fund for crypto holdings Direct account funding relies on crypto and stablecoins rather than direct fiat deposits Equities and select structured products are restricted in Hong Kong and other jurisdictions
Best for	U.S. spot traders placing limit orders, Investors seeking zero-fee ACH deposits, Proof-of-stake crypto holders earning rewards	Traders combining crypto and equities, Active crypto futures and options traders, Investors seeking tokenized real-world assets

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