Binance.US vs BYDFi

Binance.US4.1/5

VS

BYDFi3.3/5

Feature	Binance.USVisit	BYDFiVisit
Ratings
Our score	4.1/5	3.3/5
User rating	No reviews yet	No reviews yet
Fees	5.0	3.5
Security & trust	4.0	3.0
Asset selection	4.0	3.5
Ease of use	4.0	3.5
Support	3.5	3.0
Specs
Markets	Spot, OTC	Spot, Futures, Copy trading
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	Not disclosed
Accepts US customers	Yes	Not disclosed
Proof of reserves	Yes	Yes
Staking / earn	Yes	Yes
Mobile app	Yes	Yes
Licenses & registrations	FinCEN MSB, 32 US State Money Transmitter Licenses	Not disclosed
Security features	U.S.-based cold storage, Multi-factor authentication, SOC 2 Type II certified, ISO 27001 certified, ISO 27701 certified	Not disclosed
Futures & perpetuals	No	Yes
Max leverage (x)	Not disclosed	500
Copy trading	No	Yes
P2P market	No	Not disclosed
Earn / savings products	Yes	Yes
User protection fund	No	Yes
Referral program	Yes	Not disclosed
Company
Founded	2019	2020
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	Derivative contracts support leverage up to 500x on Bitcoin Maintains an 800 BTC reserve fund to protect user balances Base spot trading fees set at a flat 0.1% maker and taker rate Copy trading lets users mirror strategies without managing manual orders
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	Custodial platform model leaves funds subject to counterparty and withdrawal freeze risks Extreme 500x leverage creates sharp liquidation exposure in volatile markets Quick buy fiat gateways rely on third-party payment providers with variable spreads
Best for	U.S. spot traders placing limit orders, Investors seeking zero-fee ACH deposits, Proof-of-stake crypto holders earning rewards	High-leverage derivatives traders, Users seeking automated copy trading, Spot traders using DCA bots

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.