Binance.US Review: Fees, Safety Record And Where It's Available

Binance.US At A Glance

How Binance.US Differs From Binance.com

The two names cause a lot of confusion, so here's the short version.

Binance.US runs its own platform, accounts and order books. A Binance.com account doesn't work on Binance.US, and coins listed on Binance.com aren't automatically listed on Binance.US. Both companies were founded by Changpeng Zhao, but Binance.US's score doesn't include Binance Holdings' 2023 guilty plea or its October 2026 hack.

If you live outside the US, Binance.US isn't an option. Read our Binance review for the global exchange, or compare other choices in our best crypto exchanges ranking.

What It Costs To Buy Crypto On Binance.US

Buying $1,000 of bitcoin on Binance.US cost 0.068%, or about $0.68, in our Nov. 1, 2026 snapshot. That's the best asking price plus the 0.02% taker fee, compared with the Cult of Money Price at the same minute. Binance.US was the cheapest of the seven exchanges we measured for all four coins below, averaging 0.069%.

Global OKX doesn't serve US residents. Among exchanges open to US buyers, the next-cheapest bitcoin purchase was about $3.58 on OKX US, then $5.22 on Crypto.com, $8.01 on Kraken and $8.83 on Coinbase.

These figures are for the order book, where you pick a market or limit order. The simple Buy screen in the Binance.US app builds its fee into a spread instead, which Binance.US shows on the purchase preview before you confirm. That spread can cost more than the 0.02% trading fee, so check the preview.

Binance.US Fees

Binance.US's fee page listed these charges when we checked on Nov. 10, 2026:

A maker order waits on the order book, so a limit order pays nothing in trading fees. The taker fee falls to 0.01% at very high 30-day volume. A debit card purchase costs about 200 times the trading fee, so ACH is the cheaper way to fund an account.

Where Binance.US Is Available

Binance.US serves only US residents, and not all of them. Its unsupported states list showed these places when we checked on Nov. 10, 2026:

Binance.US's list also has a heading for states where new sign-ups are paused, which can change without much notice. Check the list before you apply.

Residents of New York, Texas and the other unsupported states can use Coinbase, which serves all 50 states, or Gemini. Kraken serves every state except New York and Maine.

Is Binance.US Safe?

Binance.US has never lost customer funds to a hack, according to our crypto hacks tracker. Its safety subscore of 4.4 out of 5 reflects one event: the 2023 halt of US dollar deposits and withdrawals.

Binance.US restored free ACH deposits and withdrawals on Feb. 19, 2025, with a daily deposit limit of $10,000 at relaunch. More detail on enforcement cases is in our crypto fines and penalties tracker.

On Oct. 29, 2026, the day hackers took about $6.3 billion from Binance.com, Binance.US said in a post on X that it wasn't affected and that its platform runs separately. We found no report of Binance.US customer losses.

The weak spot is transparency, which is why reserves score just 0.5. Binance.US's homepage says customer reserves are backed 1:1 and that most assets sit in cold storage, but we found no published proof-of-reserves report and no audited financial statements. As a private company, it doesn't have to file them. You're relying on the company's word that your coins are there.

Binance.US says it's registered with FinCEN as a money services business and holds money transmitter licenses in the states it serves. Crypto held on any exchange isn't covered by FDIC insurance.

What Binance.US Offers

• Binance.US app: buy, sell and convert crypto on a simple screen, with the fee built into a spread.
• Advanced trading: order books, charts and limit orders at the 0.02% taker fee, inside the same app and website.
• Staking: about 30 coins, including Ethereum and Solana. On Nov. 10, 2026, the staking page listed estimated rewards of 1.60% on ETH and 3.80% on SOL after Binance.US's service fee. Rates change, and unstaking can take up to three business days plus each network's own waiting period. See how staking works.
• Referral program: a new user and the friend who referred them each get $10 after the new user passes Advanced Verification and buys or trades at least $100 of crypto within 30 days, according to Binance.US's referral rules. The reward has a 30-day withdrawal hold.
• US dollar banking: free ACH deposits and withdrawals, plus wires.

Pros And Cons

Pros

• The lowest measured cost of any exchange we track, at $0.68 on a $1,000 bitcoin buy
• 0% maker fee on every spot pair
• Free ACH deposits and withdrawals
• No hack of customer funds, and the SEC case was dismissed

Cons

• Not available in 12 states, including New York and Texas, or in four US territories
• No published proof of reserves or audited financials
• US dollar access was cut off from June 2023 to February 2025
• Smaller coin list than Binance.com or Kraken
• The app's simple Buy screen costs more than the order book

Who Binance.US Is Best For

Binance.US fits US buyers in supported states who care most about cost, place their own orders on the order book and move long-term holdings off the exchange. At $0.68 per $1,000 of bitcoin, it cost about one-twelfth of Kraken Pro and one-thirteenth of Coinbase Advanced in our snapshot.

It's a weaker fit for anyone who wants a long, clean record of dollar withdrawals, published reserve reports or the widest coin list. It's not an option at all for residents of unsupported states or anyone outside the US.

Cult Of Money Exchange Score

Scores use the Cult of Money Exchange Score method. They're provisional: cost comes from a single Nov. 1, 2026 snapshot, and reserves, reliability, withdrawals, availability and ease of use are editor estimates until our monthly checks run.

Open a Binance.US account

Binance.US Alternatives

Compare them all in our best crypto exchanges ranking.

What To Watch Out For

• Check your state first: Binance.US can't open an account for residents of unsupported states, and the list changes.
• Dollar access has been cut before: the 2023 halt lasted until February 2025. Keep only what you trade on the exchange and hold the rest in a wallet you control.
• No proof of reserves: Binance.US says reserves are 1:1, but it doesn't publish a report that lets you check.
• Buy screen pricing: the spread on simple buys can cost much more than the 0.02% order book fee.
• Debit card fee: 3.99% wipes out the low trading fee. Fund with ACH instead.
• Taxes: every sale or swap can be a taxable event. Our page on how crypto taxes work covers the US rules.

FAQ

Is Binance.US The Same As Binance?

No. Binance.US is run by BAM Trading Services, a US company, and serves only US residents. Binance.com is run by Binance Holdings and doesn't serve the US. They have separate accounts, fees, coin lists and Cult of Money Exchange Scores.

Is Binance.US Safe?

Binance.US hasn't lost customer funds to a hack, and the SEC's 2023 lawsuit against it was dismissed with prejudice in May 2025. It did halt US dollar deposits and withdrawals from June 2023 to February 2025, and it publishes no proof of reserves. Its safety subscore is 4.4 out of 5 and its reserves subscore is 0.5.

What States Can't Use Binance.US?

As of Nov. 10, 2026, Binance.US didn't accept residents of Alaska, Connecticut, Georgia, Maine, New York, North Carolina, North Dakota, Ohio, Oregon, Texas, Vermont or Washington, or four US territories. Wisconsin residents can trade crypto but can't use US dollars.

What Are Binance.US's Fees?

Spot trading costs 0% for maker orders and 0.02% for taker orders on most pairs, according to Binance.US's fee page. ACH deposits and withdrawals are free, wire withdrawals cost $25 and debit card purchases cost 3.99%. The app's simple Buy screen uses a spread instead.

Can You Withdraw US Dollars From Binance.US?

Yes. Binance.US restored free ACH deposits and withdrawals on Feb. 19, 2025, after a halt that began in June 2023. Wisconsin residents still can't use US dollar services.

Was Binance.US Affected By The October 2026 Binance Hack?

Binance.US said it wasn't, because it runs a separate platform, and we found no report of Binance.US customer losses. The hack hit Binance.com, which doesn't serve US residents.