Tag: Can you use Binance DEX in US?

Currently, 29 countries, including the US, are blocked from using Binance DEX due to trading restrictions.

Binance.US is an American partner of Binance , the world’s largest cryptocurrency exchange by trading volume, and which was founded in China in 2017. The original platform stopped accepting U.S. users in 2019, and announced it would instead partner with a U.S.-based version of its platform called Binance.US.

Binance has launched a US-based platform and is starting to block US users from using binance.com . If you are a US-based user, you will want to switch from using binance.com to binance.us. You’ll also want to keep track of your crypto portfolio and have a record of your transactions for taxes.

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 .

“Binance DEX is a decentralized exchange with a decentralized network of nodes , where you hold your own private keys and manage your own wallet,” said Changpeng Zhao (CZ), CEO of Binance. … Binance Chain is a new blockchain and peer-to-peer distributed system developed by Binance and the community.23 Şub 2020