"It is an honor to partner with Binance to launch the U.S.
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market in full regulatory compliance." Ī representative from BAM Trading Services said: Binance.US will be led by our local partner BAM and will serve the U.S. "We are excited to finally launch Binance.US and bring the security, speed, and liquidity of to North America. The first phase of the launch allowed people in most US states to register for an account and deposit BTC, ETH, XRP, USDT, BCH, LTC, and BNB. Binance US, a FinCEN (US Treasury's Financial Crimes Enforcement Network)-regulated entity, targeted US customers to trade digital assets. Timeline of Events (2019-to-date) June 2019: Announcement of Binance US Launchīinance announced it would partner with BAM Trading Services to launch trading services for users in the United States. The platform offers industry-standard security features for its customers by requiring account holders to verify their identities to trade, buy, or sell crypto. Staking on the Binance US platform rewards users for holding crypto assets for a set period of time. VIPs receive discounts on maker/taker fees. It is important to note that those using Binance Coin (BNB) receive a 25% reduction in trading fees.
Examples are ETH/USD and SOL/USD, to name a few. Tier I trades: These trades start with a 0.2% taker and 0.1% maker fee for trades less than $10,000 on certain asset pairs within 30 days.However, it is limited to just four Bitcoin pairs: BTC/USD, BTC/ USDC, BTC/ BUSD, and BTC/ USDT. Tier 0 trades: These types of trade have zero fees.There are different trading levels on the platform.
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Features Commissions and Feesīinance US offers free trading for its customers, including Bitcoin and Ethereum. Headquartered in San Francisco, on top of basic services such as buying/selling cryptocurrencies, staking, etc, the platform aims to cater to U.S.-based customers’ needs by offering low trading fees, with some trading pairs being free of charge, and complying with US regulatory requirements. Overviewīinance US was launched in September 2019, operated by BAM Trading Services Inc. As of June 7, 2023, Binance US is prohibited in Hawaii, New York, Texas, and Vermont. It operates in the United States but is unavailable in all states. Binance US is valued at $4.5 billion and is FinCEN-regulated in the United States. On April 6, 2022, Binance US raised a $200 million seed round from Foundation Capital, Circle, Original Capital, VanEck, and RRE Ventures. The platform is dedicated to providing a compliant and secure trading platform for digital assets within the United States. When you return to the cookie will be retrieved from your machine and the values placed into the calculator.Binance US is a cryptocurrency exchange for U.S.-based users.
Pressing the button will place a cookie on your machine containing the information you entered into the Holdings Calculator. If your browser is configured to accept Cookies you will see a button at the bottom of the Holdings Calculator. The spot price of Gold per Troy Ounce and the date and time of the price is shown below the calculator. Totals for Gold and Silver holdings including the ratio percent of gold versus silver will be calculated. The Current and Future Gain/Loss will be calculated.
Optionally enter number amounts for Purchase Price and/or Future Value per unit of weight chosen. The Current Value for the amount entered is shown. The current price per unit of weight and currency will be displayed on the right. If you wish to select a currency other than USD for the Silver holdings calculator. NOTE: You must select a currency for gold first, even if you don't enter a value for gold holdings. Select Ounce, Gram or Kilogram for the weight.
The Holdings Calculator permits you to calculate the current value of your gold and silver.Įnter a number Amount in the left text field.
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