Binance.US Crypto Exchange Review: Fees, Staking, and What You Need to Know in 2025
Binance.US Fees Calculator
Calculate Your Trading Fees
See how much you'll pay in trading fees on Binance.US based on your trade amount and cryptocurrency pair. Fees start at 0.40% per trade, but are free on BTC/USD and ETH/USD pairs when using BNB.
What Is Binance.US?
Binance.US is a U.S.-based cryptocurrency exchange launched in September 2019 to serve American customers who can't use the global Binance platform. It was created as a separate legal company under U.S. law, partnering with BAM Trading Services to meet federal regulations like KYC and AML rules. Unlike Binance.com, which operates globally, Binance.US only serves users in 45 out of 50 states - New York, Texas, Hawaii, and Vermont are blocked due to local crypto laws. This platform is not a copy of the global site. Itâs a stripped-down, compliance-focused version built specifically for the U.S. market.
Trading Options and Fees
Binance.US lets you trade over 180 cryptocurrencies and 240 trading pairs. You can swap crypto for USD, EUR, or other digital assets. The platform has three trading interfaces: Instant Buy for quick purchases, Advanced Trading for experienced users, and Staking for earning passive income. The Instant Buy feature is simple - pick a coin, enter the amount, and pay with a bank account or debit card. No charts, no indicators. Just buy.
For those who want more control, Advanced Trading gives you candlestick charts, limit orders, stop-losses, and trailing stops. Itâs similar to what youâd find on Kraken or Coinbase Pro, but with lower fees. Trading fees start at 0.40% per trade, but you can get fee-free trades on BTC/USD and ETH/USD pairs if you use Binance.USâs native token, BNB, to pay. Thatâs a big deal if you trade often. Minimum trade size is just $1 on most pairs, and thereâs no minimum account balance. You can start with $5 and still use all the tools.
Staking: One of the Best in the U.S.
Staking is where Binance.US really stands out. You can stake 26 different cryptocurrencies and earn up to 15% annual yield. Thatâs higher than most U.S. exchanges. For example, staking Ethereum earns around 4.5%, while lesser-known coins like ATOM or SOL can hit 10-15%. You donât need to lock your coins for long periods - most staking is flexible, meaning you can unstake anytime. Rewards are paid daily and auto-reinvested unless you turn that off.
In March 2025, Binance.US claimed to be the largest staking platform in the U.S., with over $2.1 billion in assets staked by users. If youâre looking to earn crypto without trading, this is one of the few places in America where you can get real returns. Compare that to Coinbase, which offers staking on fewer coins and lower yields - often under 5% for major assets.
Security and How Your Funds Are Protected
Binance.US stores all customer funds in U.S.-based cold wallets. They claim a 1:1 reserve ratio - meaning every coin you hold is backed by an actual coin on their end. Two-factor authentication (2FA) is required, and you can use Google Authenticator or SMS. Thereâs no biometric login, but the app does support fingerprint and face unlock on mobile.
They donât insure funds like Coinbase does with FDIC-backed insurance for USD balances. But they do have a $250 million insurance fund for crypto assets, as stated in their 2025 security report. Itâs not government-backed, but itâs one of the largest private insurance pools in the industry. Still, the platform has a complicated legal past. In November 2023, they settled with the CFTC for $4.3 million over improper payment processing and lack of registration. Thatâs not a fine for theft or fraud - itâs for paperwork violations. But itâs a red flag if youâre risk-averse.
How Binance.US Compares to Coinbase and Kraken
Letâs break it down:
| Feature | Binance.US | Coinbase | Kraken |
|---|---|---|---|
| Supported Coins | 180+ | 250+ | 200+ |
| Trading Fees (Standard) | 0.40% | 0.60% | 0.16-0.26% |
| Staking Yields | Up to 15% | Up to 8% | Up to 12% |
| Payment Methods | Bank transfer, debit card | Bank, card, PayPal | Bank, wire, crypto |
| Phone Support | No | Yes | No |
| Available in All 50 States? | No (45 states) | Yes | No (47 states) |
| Best For | Active traders, stakers | Beginners, fiat on-ramps | Advanced traders, low fees |
Bottom line: If you want the lowest fees and highest staking rewards, Binance.US wins. If you need PayPal deposits or phone support, Coinbase is better. Kraken has lower fees than both but fewer coins and no U.S.-based fiat on-ramp for some states.
What Users Say - Real Feedback
On Trustpilot, 32% of 1,247 reviews from Q3 2024 complained about slow KYC verification - some users waited over 72 hours to get approved. Reddit users in r/BinanceUS report similar delays, especially during market spikes. One user said, âI uploaded my ID on Monday. Got approved Friday. Felt like I was applying for a mortgage.â
But thereâs also praise. Mike, a new trader on iOS, said: âSo I am new in learning the crypto market and I feel, though this is a good place to start - huge variety of tokens to choose from.â Another user, Ardel, called customer service âAngelsâ for resolving an issue in under 20 minutes. The AI chatbot and live chat are responsive, but you canât call them. No phone support. Thatâs a problem if youâre stuck during a market crash and need someone to talk to.
Another complaint: ACH withdrawals have a $50 minimum. Coinbase lets you withdraw as little as $2. If youâre doing small trades or testing the waters, thatâs a hassle.
Who Is Binance.US Really For?
Binance.US isnât for everyone. If youâre a beginner who wants to buy Bitcoin with PayPal and watch YouTube tutorials, Coinbase is easier. If you want to trade futures, leverage, or margin - skip Binance.US. Those features are banned in the U.S. for now.
But if youâre an active trader who wants:
- Lowest fees in the U.S.
- High-yield staking on dozens of coins
- Fast crypto-to-crypto trading
- A clean, no-fluff interface
Then Binance.US is one of the best options youâve got. Itâs not perfect. The verification is slow. The support is digital-only. And the legal shadow of Binance.com looms large. But for experienced traders who understand the risks, it delivers real value.
Whatâs Next for Binance.US?
In 2025, Binance.US added 37 new coins, bringing their total to over 180. Theyâre also pushing hard on staking, claiming to be the #1 platform in the U.S. for it. But their future depends on regulation. The SEC is still investigating major exchanges, and Texas has been hostile to crypto. Expansion into the four blocked states seems unlikely anytime soon.
Industry analysts at Delphi Digital say Binance.USâs survival hinges on staying compliant and keeping fees low. If they lose their license or get hit with another fine, users could flee. But for now, theyâre holding strong. With 2.3 million active users and 12% of the U.S. market share, theyâre not going away quietly.
Final Thoughts
Binance.US isnât the easiest crypto exchange to use, but itâs one of the most powerful for active traders. Itâs cheaper than Coinbase, offers better staking than Kraken, and has more coins than most U.S. platforms. The downsides - no phone support, slow verification, and regulatory baggage - are real. But if youâre comfortable with those trade-offs, this platform gives you more tools and better returns than almost any other U.S.-based option.
Donât use it if you need PayPal, instant support, or a super simple app. Do use it if you want to trade, stake, and keep costs low. Just make sure you understand the risks - and keep your private keys safe.
21 Comments
Oh wow, Binance.US is the 'best staking platform in the U.S.'? Sure, Jan. Just like your ex said he was 'totally into therapy' before ghosting you for a crypto influencer. đ
The claim of a 1:1 reserve ratio is mathematically impossible under fractional reserve banking principles, and the $250 million insurance fund is a legally unenforceable disclosure with no third-party audit trail. This platform is a regulatory shell game disguised as a financial service.
Let me be the first to say⌠Iâm not impressed. Binance.US? More like Binance.Us-ually-gets-sued. The only thing higher than their staking yields is their legal bills. đ¤Ą
Youâre all missing the point. Kraken has lower fees, but Binance.US has more coins and better staking. If youâre not using BNB to pay fees, youâre literally leaving money on the table. Stop being cheap and start optimizing.
I started with $10 and staked SOL on Binance.US - now Iâm up 40% in 6 months. The interface is clean, the rewards are daily, and the app doesnât crash like Coinbase. If youâre scared of complexity, start small. Youâve got nothing to lose and crypto to gain đŞâ¨
Why do we keep pretending crypto exchanges are 'safe'? They're just glorified digital casinos with KYC forms. The real question isn't which exchange has the best staking - it's whether you're okay with your life savings being held by a company that settled with the CFTC for paperwork violations. Weâre not investing. Weâre gambling with a side of compliance theater.
Staking ATOM at 14%? Sign me up đ Iâve been waiting for a U.S. exchange that doesnât treat me like a toddler. No phone support? Fine. No PayPal? Also fine. I donât need a babysitter - I need a platform that works. Binance.US delivers. đ
The fees are low and the coins are many but why do they make you wait 3 days to verify your id like its the 1990s and you're applying for a credit card
Hey newbies - donât let the slow KYC scare you. I waited 72 hours too, but once I got in, I staked 5 different coins and made more in a week than I did at my side hustle. Itâs not perfect, but if you want real yield without the drama of DeFi, this is your spot. Just keep your keys safe and donât panic-sell when the market dips.
The assertion that Binance.US offers 'up to 15% annual yield' is misleading without disclosing the variable APR structure, the underlying validator performance metrics, and the risk of slashing events for PoS assets. Moreover, the absence of a formal staking audit by a certified blockchain security firm undermines the credibility of their yield claims.
Iâve used all three - Binance, Coinbase, Kraken. Binance.US is the only one that actually feels like itâs built for people who want to earn, not just speculate. Yeah, no phone support sucks, but their chatbot fixed my withdrawal issue in 12 minutes. Iâll take that over a 2-hour hold on a call any day.
I used to think crypto was too risky⌠until I started staking on Binance.US. Now I sleep better knowing my ETH is earning while I do nothing. Itâs not glamorous, but itâs honest work. And hey - if youâre reading this, youâre already ahead of 90% of people who just HODL and hope.
Bro in India I tried Binance.US last month, KYC took 5 days, but once approved, I staked 2000 USDT on ADA and got 250 USDT in 3 months, 12% APY is real! Also, the UI is way better than WazirX, no lag, no crash, just pure profit vibes đđ° I recommend for all serious stakers, even if youâre from India, use VPN, it works!
I get why people hate the slow verification, but honestly? Iâd rather wait 72 hours than get hacked. Iâve seen friends lose everything because they picked the 'easy' exchange. This oneâs not flashy, but itâs solid. And if youâre trading small, just use a different wallet for testing.
You're all fools. If you're not using a hardware wallet and self-custody, you're not investing - you're donating to Wall Street's latest crypto cult. Binance.US is just a middleman with better marketing. Stop worshipping platforms. Own your keys.
The only reason this place has 2.3M users is because Coinbase is too expensive and Kraken is too complicated. Binance.US is the 'good enough' option for people who donât know better. And the 'up to 15%' staking? Thatâs like saying 'up to 100% return' - if you pick the one coin that pumps 500% and ignore the 25 others that go to zero.
I staked my last $50 on Binance.US and got $5.20 back in 2 days. I'm rich. đ¤
I just want to say - I was so nervous about starting, I cried the first time I sent crypto to my wallet. But Binance.US made it feel safe. The interface is calm, the rewards are predictable, and even when I mess up, the chatbot doesnât judge me. Iâm not a tech person, but Iâm learning. And thatâs worth something.
Thereâs something quietly powerful about watching your ADA balance grow without lifting a finger. Itâs not gambling - itâs compound interest in the digital age. I donât care if they donât have phone support. I care that my money works while I sleep. Thatâs the real win.
The CFTC fine? Thatâs just the tip of the iceberg. Binance.US is a front for global laundering operations. Theyâre not regulated - theyâre tolerated. And the 'insurance fund'? Itâs funded by your fees. Youâre paying to insure your own money. Brilliant.
Binance.US is the only platform that doesn't pretend to be your friend. No fake customer service, no overhyped ads. Just cold, hard math. If you're here for the yields, you know what you're signing up for. No tears, no hand-holding. Just profit.