Binance.US vs Paxful

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

Paxful2.0/5

Feature	Binance.US Visit	Paxful Visit
Ratings
Our score	4.1/5	2.0/5
User rating	No reviews yet	No reviews yet
Fees	5.0	2.5
Security & trust	4.0	1.5
Asset selection	4.0	2.0
Ease of use	4.0	3.0
Support	3.5	1.5
Specs
Markets	Spot, OTC	P2P
Maker fee	0%	0%
Taker fee	0.02%	1%
Coins listed	200	Not disclosed
Fiat deposit methods	Bank transfer, Card, Apple Pay, Google Pay, ACH	P2P
KYC required	Yes	Not disclosed
Accepts US customers	Yes	Not disclosed
Proof of reserves	Yes	Not disclosed
Staking / earn	Yes	No
Mobile app	Yes	Not disclosed
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	No
Copy trading	No	No
P2P market	No	Yes
Earn / savings products	Yes	No
User protection fund	No	Not disclosed
Referral program	Yes	Not disclosed
Company
Founded	2019	2015
Headquarters	United States	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	No trading fees charged to crypto buyers Supported over 350 local and international payment methods Over 140 countries supported prior to closure Fee-free monthly crypto withdrawals up to $1,000
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	Ceased all trading and deposit operations on November 1, 2025 Plea agreement incurred $7.5 million in US regulatory penalties Vendor spreads ranged from 5% to 50% above market rates P2P sellers paid a 1.00% platform fee on all completed trades
Best for	U.S. spot traders placing limit orders, Investors seeking zero-fee ACH deposits, Proof-of-stake crypto holders earning rewards	Historical P2P exchange research, Tracking crypto regulatory enforcement actions

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