Binance Coin

Where is the Binance company?

Binance is headquartered in George Town, Cayman Islands and has 40 office locations across 38 countries.

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.Apr 21, 2022

But due to US regulations, the service hasn't been available for US customers since 2019 . If you want to access Binance or set up an account from the US, you can do so with a VPN. VPNs also provide increased protection when conducting any financial transactions.

Can I still open a Binance account in the United States? While Binance.com is no longer operatingallowed to operate in the United States, Binance.US can still be used by Americans . The exchange has a similar user interface, but offers fewer cryptocurrencies and is compliant with U.S. regulations.

Can US users access Binance?

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 .

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 .

elsewhere, as well as which states Binance.US is allowed to operate in. United States users cannot buy crypto using the international Binance platform .Apr 21, 2022

United States However, it is banned in seven states. In May 2021, Bloomberg News reported that Binance was under investigation by the United States Department of Justice and Internal Revenue Service for money-laundering and tax evasion .

Can I access my Binance account in another country?

You can access Binance from the US with a VPN . When you connect to a VPN, it assigns you a new IP address and you appear to be in the permitted region. It's important to note that Binance states it's against the terms of use for US residents to access it using a VPN, so there's a risk your account may be suspended.

Yes, it's perfectly legal to use a VPN with Binance . However, you should bear in mind that Binance is banned in the US. Therefore, using a VPN to access it while you're in the US goes against Binance's Terms of Service. If Binance detects that you're using a VPN, it might ban you from the site.

At this point, you have two options depending on if you're a non-US or US citizen. Binance requires identity verification before it lets you deposit or withdraw funds . That's easy If you aren't a US citizen. Simply provide your ID information, complete your KYC, and use Binance freely.Apr 26, 2022

“The requirement of AML/KYC verification basically means user information can and will be provided to U.S. authorities,” Alex said. “Binance is reporting all of this information to the government , so if you are a Binance user then you must report your activity to remain in tax compliance and avoid potential audits.”

Is it legal to use Binance in the US?

In 2019, Binance was banned in the United States on regulatory grounds and is no longer accessible for U.S. citizens. In response, Binance partnered with a U.S. branch called Binance.US, which the company says is a separate exchange. Binance.US is legal, but it is not available in all U.S. states .

Yes. If you earned at least $600 through staking or Learn and Earn rewards, Binance.US issues 1099-MISCs and reports to the IRS . These kinds of incomes are classified as ordinary income. Please visit this page to learn more about it.

Binance was initially based in China, but later moved its headquarters out of China following the Chinese government's increasing regulation of cryptocurrency. ... Binance. Founded2017HeadquartersCayman Islands; Mahé, SeychellesArea servedGlobal, except for the United StatesKey peopleChangpeng Zhao (CEO)Binance - Wikipedia en.wikipedia.org › wiki › Binance

Changpeng ZhaoBinance / Founder

Who owns Binance?

At least on paper, Binance founder Changpeng Zhao is among the world's richest people. The 44-year-old runs the largest crypto exchange, worth an estimated $300 billion, nearly six times the market cap of its nearest U.S.-based competitor, Coinbase.Mar 30, 2022

Trading Fees In addition, Binance offers fee reductions for referrals of new users. Since trading fees do not directly relate to the products traded, U.S. regulations do not apply to the fees Binance.US charges. As a result, Binance.US offers the same low fees and discounts as its parent company .

Binance was banned from operating in the U.S. in 2019 , and opened Binance.US to comply with local laws.

However, Binance.US offers a limited selection of cryptocurrencies compared to other exchanges and doesn't support margin or futures trading. It's also not available in all U.S. states, so residents of Hawaii, Idaho, New York, Texas, and Vermont will need to look elsewhere.

Can I use Binance us 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.

Create a Binance Account At this point, you have two options depending on if you're a non-US or US citizen. Binance requires identity verification before it lets you deposit or withdraw funds . That's easy If you aren't a US citizen. Simply provide your ID information, complete your KYC, and use Binance freely.

By using a Virtual Private Network (VPN), you can bypass restrictions and access Binance while traveling abroad . You can also secure your online activity and trade anonymously. This is achieved by connecting to a VPN server through which all of your internet traffic becomes encrypted.

Yes, it's totally legal to use Binance with a VPN . If you're willing to accept the risk, ExpressVPN is the best VPN for Binance as it provides safe, anonymous access to the crypto platform everytime. You can buy it in confidence too as it's backed by a 30-day money-back guarantee.

Is Binance based in US?

Binance.US is headquartered in San Francisco, California . While the Binance global platform offers hundreds of available cryptocurrencies and is one of the top crypto exchanges in the world, its U.S. partner platform is more limited.