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Binance.US is an extensive cryptocurrency exchange and mobile app offering a suite of trading products, a wide range of cryptocurrencies, and competitive fees. It charges a discount on high-volume trades and no fees for bitcoin trades on select pairs. However, Binance.US is not available in all U.S. states.
With a free Binance.US account, you can access over 150 cryptocurrencies, trading pairs, and up to 17.5% in staking rewards. The platform caters to beginners, institutional-grade API traders, and everyone in between.
Binance.US offers a range of digital currencies for retail and institutional crypto traders. Among these are recurring buys, stablecoins, crypto trading pairs, OTC trading, and staking rewards.
Binance.US prides itself on offering a robust selection of over 150 crypto trading pairs. Trading pairs are two crypto assets that can be exchanged for one another. You can use these pairs to compare each asset's value and determine if trading one for the other makes sense.
Binance.US offers staking of more than 20 cryptocurrencies, including Ethereum, Polygon, Cosmos, Polkadot, and Cardano. Staking essentially loans your crypto assets to help secure and validate the assets' proof-of-stake (PoS) network. In return, you may be able to generate rewards.
Binance.US offers cold storage staking through a third-party provider who will stake your assets on your behalf. Your assets and funds are also stored in an offline cold wallet. All Binance.US staking rewards are generated through blockchain validation before being passed onto you.
Binance.US offers a variety of services for institutions, including an OTC trading portal, institutional monthly staking rewards, and 24/7 customer support. Institutional clients can also use a Websocket feed that provides real-time market data.
Binance.US calculates trading fees based on your 30-day trading volume, but you can receive a 5% discount on Advanced Trading (Spot Trading) fees when you pay with BNB. Crypto and stablecoin have 0% transaction fees.
Binance.US has a B+ rating from the Better Business Bureau, indicating strong customer support and trustworthiness. However, the platform's previous CEO faced legal issues related to anti-money laundering violations.
When compared to other platforms like Coinbase and Crypto.com, Binance.US stands out for its staking rewards and wide range of cryptocurrencies. While Coinbase offers more digital assets and advanced features, Binance.US is preferred for higher staking rewards.
In conclusion, Binance.US is a secure cryptocurrency exchange with competitive fees, robust staking options, and a diverse selection of digital assets. Investors looking to trade cryptocurrencies and earn staking rewards may find Binance.US to be a suitable platform.
