Trading in securities in the United States requires extensive licensing. Rather than change its main exchange to suit U.S. regulations, Binance instead created a separate exchange for U.S. customers, called Binance.US . The United States has many crypto users and owners within its borders.
Read moreIs Binance.US App legit?
It has low fees, and further fee discounts for using its native currency, Binance Coin, and does offer some educational content through its on-site blog. Despite its low fees, we do not recommend Binance.US, especially for beginners .
Read moreDoes Binance app work in USA?
Users in over 180 countries can trade on Binance, but only 43 states can use Binance.US, excluding Connecticut, Hawaii, New York, Texas, Vermont, Idaho, and Louisiana .
Read moreIs Binance banned in UK?
The FCA had ordered Binance to stop all UK regulated activity last June over worries about weak consumer protections, amid a wider crackdown on the cryptocurrency industry’s potential role in fraud and money laundering.
Read moreIs Binance allowed in Germany?
Binance, the world’s leading cryptocurrency exchange, has suspended futures and derivatives products offerings across Europe, starting with Germany, Italy, and the Netherlands .23 Ağu 2021
Read moreWhich countries are banned in Binance?
Regulators in the U.K. have banned Binance from operating in the country, while places like Hong Kong and Japan have issued warnings against the exchange. In response, Binance has taken a series of measures in an effort to comply to an evolving patchwork of regulations in different markets.
Read moreIs Binance banned in Europe?
Authorities in Germany, Italy, Malta, and Lithuania, meanwhile, have banned the crypto exchange from offering financial contracts that can carry a lot of risk . Binance withdrew those offerings in response, but continues to offer spot trades for crypto assets.
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