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Binance.US vs Collect and Exchange

How Binance.US vs Collect and Exchange compare on our ratings, exchange specs, funding, pros and cons.

Binance.US4.1/5
VS
Collect and Exchange3.5/5
Feature
Binance.USVisit
Collect and ExchangeVisit
Ratings
Our score4.1/53.5/5
User ratingNo reviews yetNo reviews yet
Fees5.03.0
Security & trust4.04.0
Asset selection4.03.5
Ease of use4.03.5
Support3.53.5
Specs
MarketsSpot, OTCSpot
Maker fee0%Not disclosed
Taker fee0.02%Not disclosed
Coins listed2003,000
Fiat deposit methodsBank transfer, Card, Apple Pay, Google Pay, ACHBank transfer, SEPA
KYC required Yes Yes
Accepts US customers Yes No
Proof of reserves YesNot disclosed
Staking / earn Yes No
Mobile app Yes Yes
Licenses & registrationsFinCEN MSB, 32 US State Money Transmitter LicensesCySEC CASP003/25 (MiCA)
Security featuresU.S.-based cold storage, Multi-factor authentication, SOC 2 Type II certified, ISO 27001 certified, ISO 27701 certifiedCold storage, AML transaction screening, Segregated customer funds
Futures & perpetuals No No
Copy trading No No
P2P market No No
Earn / savings products Yes No
User protection fund NoNot disclosed
Referral program Yes Yes
Company
Founded20192024
HeadquartersUnited StatesCyprus
InvestorsRRE Ventures, Circle Ventures, Foundation Capital, Original Capital +1Not 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
  • Licensed by CySEC under EU MiCA framework (CASP003/25)
  • No recurring subscriptions or monthly account maintenance fees
  • Direct crypto-to-fiat settlement into dedicated business IBAN accounts
  • Segregated cold wallet custody with automated AML transaction screening
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
  • Mandatory KYC identity verification prevents anonymous trading
  • No margin, futures, or leveraged derivative trading markets
  • Centralized custodial risk during token holding and payment processing
Best forU.S. spot traders placing limit orders, Investors seeking zero-fee ACH deposits, Proof-of-stake crypto holders earning rewardsEU businesses accepting crypto payments, Merchants wanting direct IBAN settlements, European spot crypto-to-fiat conversions

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