Binance US is a cryptocurrency exchange that offers a wide range of digital assets for trading. The exchange is available in certain states within the United States of America. In this article, we will explore which states Binance US is available in and the process for opening an account.
As of April 2023, Binance US is available in 42 states in the US. These states include Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, and Wisconsin.
It is important to note that Binance US is not available in the following states: Hawaii, New York, and Texas. Binance US has cited regulatory concerns as the reason for the unavailability in these states.
To open an account on Binance US, you must first visit the exchange’s website and click on the “Register” button. You will then be prompted to enter your email address and create a password. Once you have entered this information, you will need to verify your identity by providing a government-issued ID and a selfie. After your identity has been verified, you can fund your account and start trading cryptocurrencies.
In addition to the standard account, Binance US offers a “VIP” account for high-volume traders. This account comes with lower trading fees, higher withdrawal limits, and access to exclusive features.
Overall, Binance US is a popular cryptocurrency exchange that is available in most states in the US. However, it is important to note that the exchange is not available in every state due to regulatory concerns. If you are interested in opening an account on Binance US, be sure to check if the exchange is available in your state before proceeding.