No built-in digital wallet available: While some popular exchanges have built-in digital wallets, Binance does not . It recommends Trust Wallet, which has a good reputation but may only offer limited support if there are issues with Binance transfers.
Read moreIs it safe to keep crypto on Binance?
Binance has a secure asset fund for its users to help protect their money . Also called SAFU for short, this fund keeps a portion of every fee taken by Binance in case a financial loss happens. The SAFU was established in 2018 and it will allow users to get refunded if any money gets lost because of Binance.
Read moreWhich countries can use Binance?
Binance offers crypto trading services in several European countries, including the UK, Germany, Liechtenstein, Spain, Slovenia , etc. Users from the EEA can even benefit from a Binance Visa Card.
Read moreWhat states can use Binance US?
Binance.US is not available in all U.S. states . This U.S.-based exchange is a partner company of Binance, one of the largest crypto exchanges in the world by trade volume.
Read moreCan you use Binance outside US?
Due to US regulations, Binance is only available outside the US . If you attempt to access it from within the country, you’ll simply be blocked from viewing the page.
Read moreWhich countries Cannot use Binance?
USDⓈ-M Futures, Coin-M Futures, Margin, Binance Options, Vanilla Options and Leveraged Tokens (“Futures and Derivatives Products”) will not be available to all users of the Netherlands, Germany, Italy, Australia and Hong Kong, and retail users of the United Kingdom .
Read moreIs Binance best place to buy crypto?
With 50+ coins and low fees, Binance is the best crypto exchange all around . Still, if you’re a newbie looking to learn the ropes, you can’t go wrong with the simple interface of Coinbase. It’s perfect for crypto beginners.
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