How to Trade Crypto: A Guide to Getting Started Binance US

how to use binance in the us

While some are more straightforward and beginner-friendly than others, you shouldn’t encounter any difficulties with either of the top-rated exchanges. That said, many users believe that KuCoin is one of the simpler exchanges on the current market. Note, though, that the email might take some time to arrive – multiple users seem to have experienced these verification delays. If you’re in a hurry to complete your Binance US registration, it’s best to do this in advance, and come back to check your email a bit later. In the past, non-verified users were able to withdraw up to 0.06 BTC per day. However, since September 2021, there’s no possibility for non-verified users to participate in any trading activities on Binance.

If Binance notices that you’re using an IP address shared by thousands of users, it may flag your account for suspicious activity. A dedicated IP can help prevent this since you won’t be sharing it with other people. Like ExpressVPN, it uses high-level encryption and a strict no-logs policy to keep you anonymous online. It has a kill switch that automatically blocks your internet if the VPN disconnects, protecting your data when changing servers. I also tested 7 of its US servers for IP/DNS leaks and found none. Due to regulatory issues, Binance stopped offering services to US users in 2019.

If you can’t go through the entire article, here’s your quick guide on how to use the international version of Binance while in the US. Explore CoinStats without limitations and you’ll never want to go back. I would pick a reasonably-priced VPN instead, like the VPNs on my list. They all have very affordable plans and come with a money-back guarantee, so you can try them out risk-free.

What is the Binance.US withdrawal time?

  1. Plus, PIA offers dedicated IP addresses, which are static IP addresses that you don’t share with other people.
  2. To take that even further, the relevant authorities within the country are ESPECIALLY aggressive when the crypto service is located (rather, based) off-shore, in some different country.
  3. Check out VeePN’s pricing plans and try it now with a 30-day money-back guarantee.

Verify if the VPN of your choice offers multiple troubleshooting options, including 24/7 live chat, email support, FAQ pages, and so on. You must verify your identity on Binance.com before you can use its features. This requires you to have an ID from the country you’re signing up from. If you don’t have it, you won’t be able to buy or trade on Binance.com. A VPN encrypts all of your traffic, preventing third parties like hackers or your internet service provider from tracking your crypto wallet and accessing your personal information. In order to access Binance.com in the US, you’ll need to use a VPN.

how to use binance in the us

How to Trade Crypto: A Guide to Getting Started Binance.US

Then, follow the on-screen instructions to install and set up the VPN — it only takes 1-2 minutes. The US has a special version of the site, Binance.us, which has a much smaller crypto selection compared to the international version of the site. Keep your crypto safe and secure with our industry-leading security program. Use the limit order feature when you’re not in a rush to buy or sell. Use the market order feature when you want to complete your trade immediately. Here are the types of documents you may be asked to produce in order to verify your identity.

Connected to a VPN But Still Can’t Access Binance.com While in the US? Try These Troubleshooting Steps

With your VPN running, you can easily buy, sell, and hold cryptocurrencies using Binance global. Users can also access other features like P2P, non-fungible token (NFT) marketplace, and even leverage. Instead of using phone numbers as a 2FA method, US residents are advised to use Google Authenticator as a way around the debacle.

How to Trade Crypto

So when choosing one, you need to pay attention to several factors, including the number of servers, security features, support options, and so on. Binance.US offers 150+ cryptocurrencies at low transaction fees but has a history of security breaches. Although it supports fewer cryptocurrencies than the global version, it’s easy to use and offers the option of more advanced trading platforms. You can also use a VPN with Binance just to add an extra layer of privacy and security. All the VPNs on my list provide strong 256-bit AES encryption, a strict no-logs policy, and a kill switch to safeguard your crypto wallet and personal information.

Additionally, an accidental disconnection would result in Binance identifying that the user operates from the US and may lead to an account blockage. Your browser sometimes stores information about your location, and if that information conflicts with your new location while connected to a VPN, it might cause Binance.com to deny you access. The VPN server you’re connected to might be experiencing issues or expenses and benefits: loans offered to workers might be blocked by Binance.com. To do this, download the provider’s VPN client from its site or from your device’s app store.

So, while the ‘main’ exchange users would be able to use these features, if you’re a user of Binance.US, they won’t be available to you. All of these mentioned concepts are related to advanced trading tools. While this might be a bit of a generalization, these tools are mostly used by experienced day traders, in order to maximize their potential profits.

Still, US citizens have fewer cryptocurrencies to choose from, lower liquidity markets, and restrictions on derivatives trading compared to Binance global. Binance is banned from operating in the US after facing regulatory troubles in 2019. The exchange quickly launched Binance.US, but it falls short of the stellar services provided by the global Binance exchange.

Log into your newly created VPN account and select a server in a country that allows citizens to use Binance. European and Asian countries will suit, but it’s essential to carry out due diligence before choosing one because regulations can change at any time. This step is important because Binance will immediately restrict your access from the US. The first step for US citizens looking to access Binance is to choose a suitable VPN provider that will meet their needs. There are several factors that users need to consider before choosing a provider, including the privacy, security, and fees charged by the VPN provider.

If you already have crypto stored somewhere else, you can transfer those funds into your new account. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency.

Most platforms require you to verify your identity in order to access the features that will help you learn how to trade crypto. To make the process as easy as possible, assemble all the necessary information before you start. The compromise will manifest in you not being able to access the original Binance exchange, and having to deal with a lack of a lot of advanced features. On top of that, if you’re looking to trade some of the more-niche crypto assets, the US version of the exchange might not support it, either.

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