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> Also, Binance is not regulated in the US at all. It's banned from the US. Their website suggest otherwise? > Binance is unable to provide services to U.S. u
by kolanos 5y ago
> Also, Binance is not regulated in the US at all. It's banned from the US.
Their website suggest otherwise?
> Binance is unable to provide services to U.S. users. Binance.US (BAM Trading Services) is a US-regulated cryptocurrency trading platform. In approved states, U.S. customers can use Binance.US to buy and sell over 50 cryptocurrencies with low fees.
So it looks like Binance has a U.S. entity that is regulated.
- Tenoke 5y agoBinance.us is so much more limited and separate from Binance.com that it's easier to think of it as a seperate entity that Binance lends their name to.
- latchkey 5y agoBinance.com is banned in the US. If you are a US citizen (and KYC'd as such), you can't access their site services at all. Even if you do get in, you can't deposit / withdraw. As a US citizen, I tried to setup an account with Binance.US when it launched and for whatever reason, their automated systems locked me out and I didn't bother trying to investigate it further. So yea, despite what Reuters says, my personal experience is that their platform is pretty tough on compliance.