How do I convert Binance to Binance USA?

Can I use my Binance account on Binance US?

The option to use the third-party digital wallet, Trust Wallet. Users in over 180 countries can trade on Binance, but only 43 states can use Binance.US, excluding Connecticut, Hawaii, New York, Texas, Vermont, Idaho, and Louisiana.

How do I convert crypto to Binance US?

– On the Binance app, go to Trades (the middle option on the bottom part of your screen), then choose Convert at the top left part of your screen (for the default version of the app) or on the pop-up that shows up (for Binance Lite). Step 2: Select the token you have and the token you want to buy.

Why is Binance banned in the US?

The original platform stopped accepting U.S. users in 2019, and announced it would instead partner with a U.S.-based version of its platform called Binance.US. … As recently as May 2021, Binance was under investigation by the U.S. government for tax fraud and money laundering, according to reporting by Bloomberg.

How do you get a Binance coin in the US?

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Binance Coin.

  1. Open an account on an exchange that supports BNB. …
  2. Deposit funds into your account. …
  3. Buy Binance Coin.
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What is difference between Binance and Binance US?

The good news for U.S. customers is that Binance.US does offer the same low trading fees that its parent company, Binance, does. The only slight difference is that the US exchange offers 10 VIP levels whereas the international platform only has 9 VIP levels.

Which countries Cannot use Binance?

Regulators in the U.K. have banned Binance from operating in the country, while places like Hong Kong and Japan have issued warnings against the exchange. In response, Binance has taken a series of measures in an effort to comply to an evolving patchwork of regulations in different markets.

Is there a Binance US App?

Binance.US also says it offers storage for crypto and USD assets. … The Binance mobile app is available for iOS and Android devices.