Binance.US Review 2027 Fees, Features and Safety

This Binance.US review for 2027 looks at the United States-based crypto exchange, founded in 2019, and covers trading fees, security record, the BNB supported token and regulation, so you can decide whether it fits the way you trade.

What is Binance.US? (2027)

Binance.US is the American affiliate of Binance. It launched in September 2019 after the global exchange stopped accepting customers from the United States, and it is operated by a separate company, BAM Trading Services. The platform licenses Binance's matching engine and wallet technology but runs its own compliance, banking and customer operations.

It is important to understand that Binance.US and Binance.com are different platforms. An account on one does not work on the other, the coin lists differ, and products such as futures, options and high-leverage margin are not offered to US customers.

What you can trade

Binance.US is a spot exchange. It lists roughly 150 to 170 cryptocurrencies, which is far fewer than the global site but more than several US competitors. Trading pairs are quoted mainly in US dollars and USDT.

Main features:

• Buy, sell and convert screens for simple transactions.
• Advanced trading with full order books, charting and limit, stop and OCO orders.
• Staking on a range of proof-of-stake assets, with rewards paid automatically.
• Recurring buys for dollar-cost averaging.
• OTC desk for large trades.

Fees: the main attraction

Low cost is the strongest argument for Binance.US. The exchange has long offered zero-fee trading on selected Bitcoin pairs and very low rates elsewhere, and its tiered schedule typically undercuts Coinbase, Gemini and Kraken for small and medium accounts. Paying fees with BNB gives a further discount. Promotions change regularly, so check the current fee page, but on price alone Binance.US is usually one of the cheapest regulated ways for Americans to trade crypto.

A turbulent history

In June 2023 the Securities and Exchange Commission sued Binance, its founder Changpeng Zhao and BAM Trading, alleging that they operated unregistered securities exchanges and misused customer funds. Banking partners quickly withdrew. Binance.US had to suspend US dollar deposits and withdrawals and operate as a crypto-only exchange, where customers could trade only between digital assets. Volumes and market share collapsed, and the company cut a large part of its staff.

A federal court rejected the SEC's request to freeze the platform's assets, and no evidence emerged that customer funds were missing. In early 2025 Binance.US restored US dollar transfers through bank accounts. In May 2025 the SEC dropped its lawsuit entirely. The exchange has been rebuilding since, though its share of the American market remains well below its 2022 peak.

Is Binance.US safe?

Binance.US has not suffered a hack of customer assets. It states that customer funds are held one to one and are never lent out, and US dollar balances are kept with partner banks. The platform offers two-factor authentication, passkeys, device management and withdrawal address whitelisting.

The open question has always been governance. Changpeng Zhao is the majority owner of BAM Trading, and regulators spent years examining how independent the US business really was from the global group. The company says custody of customer assets is controlled within the United States by its own staff.

Regulation and availability

BAM Trading is registered as a money services business with FinCEN and holds money-transmitter licences in most US states. It is not available everywhere, and a handful of states, including New York, have historically been excluded. State coverage has changed several times, so confirm that your state is supported before signing up. Full identity verification, including a Social Security number, is required for every account.

Who is Binance.US best for?

Binance.US makes most sense for cost-conscious American traders who want a wider altcoin range than Coinbase offers and who are comfortable with the platform's history. It is especially attractive for frequent Bitcoin trading thanks to its fee promotions, and for holders who want staking in the same account.

Investors who place the highest value on regulatory reputation may prefer a publicly listed exchange. Anyone wanting derivatives will need a regulated US futures platform instead.

Pros and cons

• Pros: among the lowest fees in the United States, solid coin selection, strong trading interface, staking on many assets, SEC case dismissed.
• Cons: lost banking access for well over a year, reduced liquidity compared with its past, not available in every state, ownership ties to the global Binance group.

How to get started

Sign up on the Binance.US website or app, complete identity verification and add two-factor authentication. Link a bank account for ACH transfers, or deposit crypto from another wallet. Use the advanced trading screen and limit orders to get the best price.

Binance.US review: verdict for 2027

Binance.US survived a legal fight that many expected to end it. With dollar banking restored and the lawsuit gone, it again offers Americans a low-fee exchange built on proven technology. Liquidity is thinner than before and trust takes time to rebuild, but for active spot traders focused on cost it deserves a place on the shortlist.

Compare this Binance.US review with all 40 crypto exchanges in our 2027 list, and confirm the latest terms on the official Binance.US website before you open an account.