Binance.US vs River: fees, withdrawals, safety and which to use
Using a bank transfer for a $1,000 buy, you pay $0 at Binance.US and $10 at River.
Binance.US vs River fees
Each exchange publishes its own fee pages, which show the dollar fees for $1,000 at Binance.US and River.
| $1,000 and the basics | Binance.US | River |
|---|---|---|
| Buy by bank transfer (ACH) | $0 | $10 |
| Buy by debit card | $39.90 | – |
| Buy by wire | $0.20 | $10 |
| Sell and send to your bank (ACH) | $0.20 | – |
| Cash out to your bank (ACH) | $0 | $0 |
| Cash out by wire | $25 | $0 |
| Cash out instantly to a debit card | – | $10 |
| States it does not serve | Washington, Vermont, Texas, Oregon, Ohio, North Dakota, North Carolina, New York, Maine, Georgia, Connecticut, Alaska, Northern Mariana Islands, Guam, American Samoa plus U.S. Virgin Islands. | Nevada, New York |
| Serves New York | No | No |
| Bank withdrawal | Free, 1-5 business days depending on the bank | Free of charge; standard withdrawals reach you in 1 to 3 working days. |
| NYDFS licence | No | No |
| FinCEN registration | Registered | – |
| App Store rating (ratings) | 4.2 (111,067) | 4.9 (9,070) |
| Coins listed | 204 | – |
A dash means the exchange publishes no figure for that row; "Not offered" shows the method isn't supported.
Binance.US vs River in your state
Binance.US serves Nevada; River doesn't.
In Alaska, Connecticut, Georgia, Maine, North Carolina, North Dakota, Ohio, Oregon and Texas, River is available. Vermont, Washington, American Samoa, Guam and Northern Mariana Islands are served too, along with U.S. Virgin Islands. In those places, Binance.US isn't available.
Binance.US vs River withdrawals
A bank withdrawal on Binance.US is free of charge and reaches you in 1-5 working days, based on your bank.
Withdrawals from River to your bank are free; standard withdrawals take 1 to 3 working days, and the minimum is $10.
Binance.US vs River safety
In New York, Binance.US doesn't hold an NYDFS licence.
In New York, River doesn't hold an NYDFS licence.
Binance.US vs River apps and coins
From the App Store, the Binance.US app scores 4.2 out of 5 across 111,067 ratings.
From the App Store, the River app scores 4.9 out of 5 across 9,070 ratings.
Binance.US or River: which to choose
- Choose Binance.US if you'll use its order book as well as Advanced (Spot) Trading.
- River is the choice when you want its app and a simple buy screen.
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