Binance.US vs Swan Bitcoin

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

VS
Feature
Ratings
Our score4.1/53.4/5
User ratingNo reviews yetNo reviews yet
Fees5.03.0
Security & trust4.04.0
Asset selection4.01.0
Ease of use4.04.5
Support3.54.0
Specs
MarketsSpot, OTCSpot, OTC
Maker fee0%Not disclosed
Taker fee0.02%Not disclosed
Coins listed2001
Fiat deposit methodsBank transfer, Card, Apple Pay, Google Pay, ACHBank transfer, ACH
KYC required Yes Yes
Accepts US customers Yes Yes
Proof of reserves YesNot disclosed
Staking / earn Yes No
Mobile app Yes Yes
Licenses & registrationsFinCEN MSB, 32 US State Money Transmitter LicensesNot disclosed
Security featuresU.S.-based cold storage, Multi-factor authentication, SOC 2 Type II certified, ISO 27001 certified, ISO 27701 certifiedSOC 2 Type 2, Multisig cold storage
Futures & perpetuals No No
Copy trading No No
P2P market No No
Earn / savings products Yes No
User protection fund NoNot disclosed
Referral program YesNot disclosed
Company
Founded20192019
HeadquartersUnited States—
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
  • Dedicated Bitcoin-only infrastructure free of altcoin risk
  • Automated dollar-cost averaging with recurring bank transfers
  • SOC 2 Type 2 compliant security infrastructure via Swan Guard
  • Tax-advantaged Bitcoin retirement accounts through Swan IRA
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
  • No support for altcoins, stablecoins, or multichain assets
  • Lacks derivatives, margin markets, and advanced order types
  • Mandatory identity verification required to open an account
Best forU.S. spot traders placing limit orders, Investors seeking zero-fee ACH deposits, Proof-of-stake crypto holders earning rewardsLong-term Bitcoin accumulators, Retirement investors seeking Bitcoin IRAs, High-net-worth private wealth clients

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.