https://t.co/HrbX93fwkq is not affected by the reported https://t.co/Rsqi7rVbtP security incident. We are a separate, independent platform, and customer funds and services are secure and operating normally.
Rest assured, all user funds are safe.
Binance.US
Regulated U.S. crypto exchange with 0% spot maker fees and over 200 listed assets
4.1/ 5
Our score
Very good
Maker fee
0%
Taker fee
0.02%
Coins listed
200
KYC required
Yes
Accepts US customers
Yes
Proof of reserves
Yes
What is Binance.US?
Binance.US is a regulated United States cryptocurrency exchange offering spot market trading and staking across more than 200 digital assets. The platform provides trading on over 250 pairs, distinguishing itself through 0% maker fees across all standard spot order books without minimum trading volume thresholds.
Corporate structure and leadership
The exchange is operated by BAM Trading Services Inc., a separate legal entity from global operator Binance Holdings Ltd. Founded in 2019 and headquartered in Miami, Florida, the company operates under Chief Executive Officer Stephen Gregory, who was appointed in March 2026. The platform maintains its own operational compliance framework, independent reserve custody, and a dedicated board of directors overseeing Bank Secrecy Act and anti-money laundering policies.
Trading mechanics and custody
Users execute spot trades through a browser interface or mobile application, with access to advanced limit and market orders alongside an over-the-counter desk for high-volume execution. Instant conversions can be completed through the Convert tool with pricing spreads built directly into quoted prices. The exchange operates as a centralized custodial platform holding customer assets in segregated U.S.-based offline cold storage, claiming 1:1 backing of all customer balances.
Fees and funding methods
Trading costs follow a structured schedule featuring 0% maker fees and a base taker fee of 0.02% across advanced pairs. High-volume accounts trading $500 million or more over a 30-day window receive a reduced taker rate of 0.01%. Trading BNB/USD incurs a flat 0.01% taker fee, and paying fees with BNB provides an additional 5% discount. Fiat deposits and withdrawals via automated clearing house (ACH) cost $0, though ACH transfers carry a 7-day withdrawal hold. Crypto withdrawals incur network fees plus a 0.05% platform charge.
Regulatory licensing and track record
Binance.US is registered with FinCEN as a Money Services Business and holds money transmitter licenses in 32 U.S. states. The infrastructure has completed third-party SOC 2 Type I and Type II audits alongside ISO 27001 and ISO 27701 certifications. In June 2023, the exchange faced a civil enforcement lawsuit from the SEC that led to a temporary banking disruption and suspension of direct USD rails. Direct USD services returned in February 2025, and the SEC lawsuit was dismissed with prejudice in May 2025.
Risks and market restrictions
Custodial risks are standard for a centralized exchange, meaning traders rely on BAM Trading Services to safeguard their private keys. Staking returns on more than 25 supported proof-of-stake coins fluctuate with protocol variables and are not guaranteed. The exchange is not available nationwide; residents in 16 jurisdictions, including New York, Texas, Hawaii, and Alaska, are restricted from opening accounts.
Best for:U.S. spot traders placing limit ordersInvestors seeking zero-fee ACH depositsProof-of-stake crypto holders earning rewards
Pros and cons
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
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
Our review
4.1/5
Very good
Binance.US provides some of the lowest spot trading fees among US exchanges, but regulatory exclusions restrict 16 states and territories alongside a 7-day ACH withdrawal hold.
Operated by BAM Trading Services Inc. and led by Chief Executive Officer Stephen Gregory, Binance.US is a standalone, FinCEN-registered Money Services Business specifically tailored for the United States market. While legally and operationally separate from Binance.com, the platform operates an independent platform architecture. It delivers spot trading across more than 200 cryptocurrencies and 250 trading pairs for domestic spot traders.
The exchange’s most compelling advantage is its fee schedule. Binance.US restructured its pricing to offer 0% maker fees across all spot pairs, paired with standard taker fees starting at 0.02% (or 0.01% on the BNB/USD pair). Paying fees with BNB trims another 5%. ACH bank deposits and withdrawals incur no platform fees, keeping fiat movement cost-effective compared to traditional retail ramps.
Regulatory and geographic constraints represent the primary trade-off. Residents in 16 jurisdictions, including New York and Texas, cannot open accounts. While the SEC's civil enforcement action was dismissed with prejudice in May 2025 and USD fiat rails were fully restored in February 2025, past banking disruptions highlight platform risks. Users also face a 7-day holding period on funds deposited via ACH before assets can leave the platform.
Custody is handled through segregated, offline cold storage backed by SOC 2 Type II, ISO 27001, and ISO 27701 certifications. While derivatives, margin trading, and leverage are absent to comply with domestic regulations, Binance.US does support on-chain staking across 25 assets with yields up to 19.80%. High-volume US spot traders seeking minimal transaction drag will benefit most, whereas international investors or domestic users residing in excluded states must look elsewhere.
Specs
| Markets | Spot, OTC · unverified |
|---|---|
| Maker fee | 0% · unverified |
| Taker fee | 0.02% · unverified |
| Coins listed | 200 · unverified |
| Fiat deposit methods | Bank transfer, Card, Apple Pay, Google Pay, ACH · unverified |
| KYC required ⓘ | Yes · unverified |
| Accepts US customers | Yes · unverified |
| Proof of reserves | Yes · unverified |
| Staking / earn | Yes · unverified |
| Mobile app | Yes · unverified |
| Licenses & registrations | FinCEN MSB, 32 US State Money Transmitter Licenses · unverified |
| Security features | U.S.-based cold storage, Multi-factor authentication, SOC 2 Type II certified, ISO 27001 certified, ISO 27701 certified · unverified |
| Futures & perpetuals | No · unverified |
| Copy trading | No · unverified |
| P2P market | No · unverified |
| Earn / savings products | Yes · unverified |
| User protection fund | No · unverified |
| Referral program | Yes · unverified |
Not disclosed by the provider: Max leverage (x).
Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.
Key features
Low-fee spot trading
Executes trades across 250+ pairs with 0% maker fees and standard 0.02% taker fees.
Proof-of-stake yields
Supports staking on 25+ digital assets with variable annualized rewards reaching up to 19.80%.
Free ACH transfers
Allows zero-fee U.S. dollar bank deposits and withdrawals, subject to a 7-day clearing hold.
Institutional OTC desk
Provides custom trade execution and direct quote settlement for high-volume market participants.
Mobile applications
Offers iOS and Android trading apps with multi-factor authentication and price tracking tools.
Inside Binance.US
Spot Trading
An advanced order-book trading interface offering limit, market, and stop orders across more than 250 spot trading pairs.
Convert
A zero-fee instant exchange portal that lets users swap between digital assets directly with pricing spreads built into the quote.
Staking
A custody-based proof-of-stake feature that distributes network rewards across 25 supported assets with weekly or monthly payouts.
Over-The-Counter (OTC)
A specialized execution desk tailored for high-volume transactions and institutional clients seeking personalized liquidity without order-book slippage.
Boost
An account rewards feature that enables eligible users to commit crypto balances to earn promotional yield.
Binance.US screenshots
What users say about Binance.US
User sentiment is largely negative, heavily weighed down by locked accounts, withheld funds, and unhelpful support interactions. Praise is modest, focusing mainly on competitive trading fees and a straightforward interface.
In their own words
“Binance.us charges 0% for maker and.02% for taker. In other words, selling 4k will cost you nothing. If you’re in the US and worried about the $40, or just on principle, then open account on Binance.us, transfer ETH there and sell it there”
“Best On ramp/Off ramp for Crypto Clean and easy UI, low transaction fees, and reliable. I trust Binance and been using them since 2020.”
“Horrible company don't trust I downloaded this app because Google said they had the lowest fee fees and I needed to use crypto to make a payment. My account has been frozen for a month and I get no responses from them. I'm unable to withdraw or send any of my funds.”
“They’re support is horrible and they lock you out of your account seriously, just use a different platform. There is a bug in their app that it wasn’t accepting the verification codes that they were texting me so they marked it as suspicious activity and locked all of my money in my account.”
Scam warning: Fraudulent support accounts on social media direct users to send crypto to external wallets.
Based on 100 Reddit posts and comments, 41 App Store reviews from the last 12 months, checked Oct 27, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.
User reviews
No user reviews yet. Have you used Binance.US? Share your experience below.
Funding and investors
$200MTotal raised
1Round
5Investors
-
Seed Apr 2022 $200M
FAQ
Who operates and leads Binance.US?
Binance.US is operated by BAM Trading Services Inc. and is led by Chief Executive Officer Stephen Gregory. It functions as a separate legal and regulatory entity from the global exchange Binance.com.
What trading fees does Binance.US charge?
Binance.US charges 0% maker fees across all spot pairs and a base taker fee of 0.02%. Traders who use BNB for fee settlements receive a 5% discount, and high-volume traders can reduce taker fees to 0.01%.
Which US states are restricted from using Binance.US?
Binance.US is unavailable to residents in 16 US jurisdictions, including New York, Texas, Alaska, Hawaii, and American Samoa. Users in supported states must complete full KYC verification to access the exchange.
How does Binance.US secure user funds?
Customer assets are stored in segregated US-based custody accounts, with the majority kept in offline cold storage. The platform maintains a 1:1 reserve model and holds SOC 2 Type II, ISO 27001, and ISO 27701 security certifications.
Does Binance.US offer futures or leveraged margin trading?
No, Binance.US does not offer futures, perpetual contracts, or margin leverage. Its trading options are strictly focused on spot markets, instant conversion tools, and OTC execution.
Can you stake crypto on Binance.US?
Yes, Binance.US supports proof-of-stake rewards on more than 25 cryptocurrencies, including Ethereum, Solana, and Cardano. Variable annualized reward rates reach up to 19.80% depending on the specific blockchain network.
Latest from Binance.US on X
The Fed held rates at 3.75% to 4% yesterday, with two members voting to hike. $BTC slipped back under $80K.
Meanwhile, US spot Bitcoin ETFs took in $423M over three straight sessions.
Today's PCE inflation report is the next data point we're watching.
Meanwhile, US spot Bitcoin ETFs took in $423M over three straight sessions.
Today's PCE inflation report is the next data point we're watching.
One deposit. One mystery token. Get up to $150.
Make your first $100+ deposit on @BinanceUS and get a Mystery Token Bonus. The more you deposit, the more you get, up to $150.
Which token are you hoping to get? Enroll below, terms apply. https://t.co/lP7Stbc8gr
Make your first $100+ deposit on @BinanceUS and get a Mystery Token Bonus. The more you deposit, the more you get, up to $150.
Which token are you hoping to get? Enroll below, terms apply. https://t.co/lP7Stbc8gr
Crypto markets run 24/7. Staring at the chart doesn’t have to. In the @BinanceUS app, set price alerts so you never miss a beat. https://t.co/1qNboJ3Lyz
Day 2 of #NEXTPredict is underway in New York. Yesterday, @BinanceUS CEO Steve Gregory took the stage for The Everything Exchange, a fireside with Marc Hochstein.
What should an everything exchange include for US users? https://t.co/V7ayHila29
What should an everything exchange include for US users? https://t.co/V7ayHila29
Recent public posts from @BinanceUS, shown as published. Not reviewed or endorsed by CryptoReview.
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