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- Binance.US: The Legal Option for U.S. Users
Binance.US is a legally licensed U.S. exchange for cryptocurrency trading—spot trading, staking, and OTC, among others(@BinanceUS, CoinTracker, Security.org).
It was created to satisfy U.S. regulatory requirements such as AML/KYC and operates independently from Binance.com(CoinTracker, Investopedia).
For Spot (Buying/Selling BTCUSD)
Coinbase Advanced Trade – US-regulated, strong security, good for large transactions. Fees higher than some competitors but transparent.
Kraken – Lower fees than Coinbase, excellent reputation, supports both spot and futures for BTCUSD.
Binance – Very liquid, low fees, but regulatory restrictions in some countries (including the US via Binance.US).
TRADING ON BINANCE.US
U.S. citizens cannot legally use Binance.com to trade Bitcoin—it’s geoblocked and strictly redirected to Binance.US, the only compliant platform for U.S. residents.
Key Highlights:
1. Binance.com Is Off-Limits to U.S. Users
Since 2019, Binance.com has restricted access from U.S.-based IPs and automatically redirects users to Binance.US(CoinTracker).
Even if someone attempts to bypass this using a VPN, KYC requirements won’t accept U.S. IDs, which effectively bars U.S. citizens from using the international platform(Reddit).
The SEC enforcement action outlines that Binance has publicly stated U.S. users must use Binance.US and alleges that any U.S. trading on Binance.com was improper(Investopedia).
2. Binance.US: The Legal Option for U.S. Users
Binance.US is a legally licensed U.S. exchange for cryptocurrency trading—spot trading, staking, and OTC, among others(@BinanceUS, CoinTracker, Security.org).
It was created to satisfy U.S. regulatory requirements such as AML/KYC and operates independently from Binance.com(CoinTracker, Investopedia).
3. Platform Limits & State Restrictions
Binance.US offers fewer features compared to Binance.com—it supports fewer cryptocurrencies, and does not offer derivatives like futures, margin, or options(CoinTracker).
Additionally, availability varies by state. Most states are supported, but several states—like New York, Texas, Georgia, Connecticut, and more—are restricted or unsupported(Binance.US Help Center).
In some states (e.g., Kansas, Wisconsin), Binance.US currently operates as crypto-only, meaning users can trade crypto but cannot deposit or withdraw USD via ACH or bank transfer(Binance.US Help Center).
4. Regulatory Context
Binance has faced heavy regulatory scrutiny and legal actions, including a significant lawsuit by the SEC in 2023. That complaint highlighted issues like U.S. customers trading on Binance.com and emphasized the separation between Binance.com and Binance.US(Investopedia).
These actions reflect why Binance.US must remain the go-to platform for U.S.-based traders.
Summary Table
| Question | Answer |
|---|---|
| Can U.S. citizens trade Bitcoin on Binance.com? | No. The site blocks U.S. access and doesn’t accept U.S. IDs for verification. |
| Must they use Binance.US instead? | Yes. It’s the only compliant legal option for U.S. users, though it has limitations. |
| Are there any alternatives? | Yes, if Binance.US isn’t available in your state, you can explore other licensed U.S. exchanges like Coinbase or Kraken. |
Bottom Line
U.S. citizens must use Binance.US to trade Bitcoin or any cryptocurrency.
Trying to access Binance.com using VPNs or foreign IDs is not legally compliant, violates terms of service, and risks account bans or worse(Reddit, Investopedia, VPNOverview.com, Wikipedia).
Make sure to check if Binance.US is available in your state, and whether your state supports USD services or only crypto-only functionality.
If you’d like, I can help you check if Binance.US is supported in your state or suggest other reputable U.S. crypto exchanges.