Binance.US review
- Fee charged on a $1,000 purchase
- $0by bank transfer
- Bank withdrawal time
- 1–5 days
- Coins
- 204
Binance.US doesn't publish a fee when you buy $1,000 worth of crypto by bank transfer. However, Binance.US's price includes a spread that isn't disclosed. No Binance.US service is available in Alaska, Connecticut, Georgia, or Maine. You also can't access it in New York, North Carolina, North Dakota, Ohio, or Oregon. It is likewise unavailable in Texas, Vermont, Washington, American Samoa, Guam, Northern Mariana Islands, and U.S. Virgin Islands.
- A bank transfer purchase of $1,000
- spread plus $0
- States where the service can't be used
- American Samoa, Guam, New York, Alaska, Connecticut, Georgia, Maine, North Dakota, North Carolina, Ohio, Oregon, Texas, Vermont, Washington, U.S. Virgin Islands, Northern Mariana Islands
- Bank withdrawal
- Your bank determines the 1-5 working days, at no cost
- FinCEN money services business
- Registered support.binance.us
- New York NYDFS licence
- No dfs.ny.gov
the score reaches 7.1 points out of a possible 10
- Fees earn 9.0/10 and have a 30% weighting
- Availability has a 20% weighting and scores 7.0/10
- A 20% weighting applies to security and licences, which score 4.0/10
- Products count for 15% and score 6.4/10
- A 15% weighting applies to app ratings of 8.4/10
We earn a commission if you open an account through our links. It does not change the fees you pay or our score.
Open a Binance.US accountBinance.US fees in dollars
Every fee shown for Binance.US has a link to its source on the exchange’s website. The example adds up the fees for $1,000.
| Fee | Rate | Source | Read on |
|---|---|---|---|
| How the simple buy fee is set | Buy/Sell/Convert (One Click Buy and Sell) fees are a spread built into the price, shown on the Preview Purchase screen | binance.us | November 2, 2026 |
| Spread | A spread is part of the Buy/Sell/Convert price. Its amount depends on the asset, payment method and market conditions, but isn't stated. Advanced (Spot) Trading doesn't add a spread. | binance.us | November 2, 2026 |
| Bank transfer buy fee | 0% | binance.us | November 2, 2026 |
| Debit card fee | 3.99% | binance.us | November 2, 2026 |
| Advanced maker fee, entry tier | 0% | binance.us | November 2, 2026 |
| Advanced taker fee, entry tier | 0.02% | binance.us | November 2, 2026 |
| Bank deposit (ACH) | Free | binance.us | November 2, 2026 |
| Wire deposit | Free | binance.us | November 2, 2026 |
| Bank withdrawal (ACH) | Free | binance.us | November 2, 2026 |
| Wire withdrawal | $25 | binance.us | November 2, 2026 |
| Instant cash out | Instant cash-out isn't available. Withdrawals use ACH or wire only, excluding debit/credit cards, Google Pay and Apple Pay. | support.binance.us | November 2, 2026 |
| Bitcoin withdrawal | A dynamic fee appears before each withdrawal. NY/NC (BitGo-powered) accounts pay 0.05% of USD value without a gas fee. | binance.us | November 2, 2026 |
Binance.US charges for $1,000
Every payment or receipt method uses the same $1,000. A dash means Binance.US doesn't provide a number.
| What you do with $1,000 | You pay | How it is charged |
|---|---|---|
| Buy by bank transfer (ACH) | $0 | no fee, plus spread |
| Buy by debit card | $39.90 | 3.99% card fee, plus spread |
| Buy by wire | $0.20 | 0.02% taker fee, Advanced (Spot) Trading |
| Sell and send to your bank (ACH) | $0.20 | 0.02% taker fee, Advanced (Spot) Trading, free payout |
| Cash out to your bank (ACH) | $0 | free |
| Cash out by wire | $25 | flat fee |
| Send Bitcoin to a wallet | – | Network fee shown before you send |
On the Binance.US fees page, you'll find every fee and a calculator for your own amount.
Binance.US availability
Binance.US isn't available in American Samoa, Guam, Northern Mariana Islands, U.S. Virgin Islands, Washington, Oregon, Texas, Vermont, Ohio, North Dakota, North Carolina, New York, Maine, Connecticut, Georgia or Alaska, so New York residents can't choose it.
Taking money out of Binance.US
Depending on your bank, Binance.US withdrawals to a bank take 1-5 working days and cost nothing. Under Binance.US's policy, deposits through ACH, credit, or debit receive credit early. Withdrawals remain locked for 7 days (168 hours), whether the amount is in USD or crypto of equivalent value. The lock continues for 48 hours if you reset your 2FA. A 120-hour lock applies when you change your email.
The Binance.US withdrawal guide explains the wait, limits and what to do if a withdrawal gets stuck.
The company behind Binance.US and the licences it holds
BAM Trading Services Inc runs Binance.US's US business.
Binance.US places its FinCEN registration in the category for money services businesses.
In New York, Binance.US has no NYDFS licence.
Its licences information page lets you find Binance.US's state licences.
Binance.US has 2 dated incidents on record, and each one includes its source.
Binance.US security
No proof-of-reserves attestation appears on the Binance.US pages we reviewed.
Every user asset is held at a 1:1 ratio in full reserve, according to Binance.US custody details. Offline, US-based cold storage holds most crypto.
Every Binance.US account requires 2FA. One of these is whitelisting withdrawal addresses.
Binance.US app ratings
In the App Store, the Binance.US listing received 4.2, where the maximum is 5, from 111,067 ratings.
Opening a Binance.US account
Use Basic Verification to open a Binance.US account with minimal personal information and limited features. For Advanced Verification, you also need photo ID, including a driver's licence or passport. Facial recognition is also required when you want higher limits.
Using Binance.US for staking
US customers of Binance.US can use staking. A service fee of 9.95-39.95% applies to the rewards from Staking Services, while Soft-Stake takes 90% of rewards.
Binance.US benefits and drawbacks
Pros
- Binance.US ranks among the four cheapest US exchanges for a $1,000 bank transfer purchase ($0).
- Advanced (Spot) Trading, the Binance.US order-book platform, has lower charges than its simple buy function.
- You can make a Binance.US bank withdrawal for no charge.
Cons
- No Binance.US service is offered in Alaska, Connecticut, Georgia or other locations.
- Binance.US's simple buy price contains a spread, though the exchange doesn't publish the amount.
- Binance.US has 2 dated incidents on record involving enforcement or security.
Compare Binance.US with
You can find side-by-side pages for Binance.US and the exchanges people most often choose for comparison.
Other Binance.US details
Frequently asked questions
Can Binance.US be used in all US states?
In Maine, Vermont, Washington, Oregon, Ohio, Texas, New York, North Carolina, North Dakota, Alaska, Connecticut, Georgia, Guam, American Samoa, Northern Mariana Islands and U.S. Virgin Islands, customers cannot use Binance.US.
How long do bank withdrawals from Binance.US take?
You pay nothing for a Binance.US bank withdrawal, which takes 1-5 working days. Your bank determines the exact time.
Does Binance.US send a 1099 form?
That is correct. Your activity determines whether you receive Form 1099-MISC and/or Form 1099-DA from Binance.US. The forms are accessible before mid-February.