Cash App vs Binance.US: fees, withdrawals, safety and which to use
At Binance.US, the bank-transfer fee for a $1,000 purchase is $0, compared with $9 at Cash App.
Fees: Cash App vs Binance.US
According to their own pages, Cash App and Binance.US state their fees in dollars for $1,000.
| $1,000 and the basics | Cash App | Binance.US |
|---|---|---|
| Buy by bank transfer (ACH) | $9 | $0 |
| Buy by debit card | – | $39.90 |
| Buy by wire | – | $0.20 |
| Sell and send to your bank (ACH) | – | $0.20 |
| Cash out to your bank (ACH) | – | $0 |
| Cash out by wire | – | $25 |
| Send Bitcoin to a wallet | $0 | – |
| States it does not serve | – | American Samoa; Guam and Northern Mariana Islands; U.S. Virgin Islands; Alaska, Connecticut, Georgia, Maine, New York, North Carolina, North Dakota, Ohio, Oregon, Texas, Vermont, Washington |
| Serves New York | Yes | No |
| Bank withdrawal | – | Free, 1-5 business days depending on the bank |
| NYDFS licence | Yes | No |
| FinCEN registration | – | Registered |
| App Store rating (ratings) | 4.8 (8,784,253) | 4.2 (111,067) |
| Google Play rating (ratings) | 4.7 (4,520,000) | – |
| Coins listed | – | 204 |
For that row, a dash shows that the exchange publishes no number. "Not offered" means the method isn't supported.
Cash App compared with Binance.US in your state
Its user terms require only that you live in the US, but Cash App doesn't publish any list of excluded states.
Within the US, Binance.US doesn't serve Ohio, Oregon, Texas, Vermont, Washington, Alaska, Connecticut, Georgia, Maine, New York, North Carolina, North Dakota, American Samoa, Guam, Northern Mariana Islands or U.S. Virgin Islands.
Withdrawals: Cash App compared with Binance.US
On the pages we read, Cash App doesn't publish a bank withdrawal fee or time.
Your bank withdrawal from Binance.US costs nothing, and the money arrives in 1-5 working days, depending on the bank.
Safety: Cash App vs Binance.US
Cash App has a New York licence or charter granted by NYDFS.
Binance.US doesn't have an NYDFS licence for New York.
Apps and coins: Cash App vs Binance.US
In the App Store, the Cash App app has a 4.8 out of 5 score from 8,784,253 ratings, and on Google Play it has 4.7 from 4,520,000 ratings.
In the App Store, the Binance.US app holds a 4.2 out of 5 score from 111,067 ratings.
Which should you choose, Cash App or Binance.US?
- Pick Cash App if what you want is its app and simple buy screen.
- Choose Binance.US if you'll use its Advanced (Spot) Trading and order book.
We earn a commission if you open an account through our links. It does not change the fees you pay or our score.