Since Binance doesnt allow for U.S. Dollar deposits and trading, most of the volume on the exchange occurs against stablecoin pairs such as ETH/USDT and BTC/BUSD (BUSD is Binances native stablecoin). All financial products, shopping products and services are presented without warranty. Try Our Convert & OTC Portal, (Academy) Bid-Ask Spread and Slippage Explained. While its an excellent exchange with ample liquidity, it is no longer available to U.S. citizens. 1. 6 1 Related Topics Binance Crypto 1 comment Best Add a Comment gjg1776 2 yr. ago So far it's been nice to understand this new market. If you do not see this message, please wait another few moments before retrying this transaction. Confirm your sell information. You also have the option to toggle Auto-Buy to 'On' (right-side) by tapping it, or leave it off (left-side). Trading large amounts through Binance Convert can also help users achieve. 5. Here is a list of our partners. If I make a limit order then am I the market maker? Low fees: Binance has a complex fee structure that varies based on what asset you're trading, how you're paying and how much you trade. More often than not, the delivery of the order is immediate. Click the Convert option 4. Binance.US gives a wide choice of cryptocurrencies with a trading fee that is among the lowest of the cryptocurrency exchanges NerdWallet reviews. We collect data directly from providers through detailed questionnaires, and conduct first-hand testing and observation through provider demonstrations. Binance offers support by email and 24/7 live chat. Buy and sell safely and easily on Binance P2P. Click on the "Sell" tab in the panel on the top-right-hand side of your screen. Once complete, tap, After confirming that the information regarding your transaction is correct, tap, 1. Binance charges an additional 3.75% for debit card transfers (Binance.US doesnt allow credit card purchases). U.S. citizens that still wish to trade with Binance are only permitted to open an account with Binance. It is cheaper to buy on Binance. The volatile and unpredictable nature of the price of cryptocurrencies may result in a significant loss. Read the following helpful articles for more information: (Blog) Making a Big Trade? When using Binance Convert, users are charged a flat fee of 0.1% of the total amount being converted. The good news for U.S. customers is that Binance.US does offer the same low trading fees that Binance does. As the name suggests, transactions are settled immediately or "on the spot" as soon as the buying/selling order is filled. Simply select the token you have and the token you want to buy. Try Our Convert & OTC Portal, How to Buy and Sell BTC and Other Cryptocurrencies with USD/Fiat Using the Binance Convert & OTC Portal, Convert Cash to BUSD to Earn up to 8% Interest. Because they are both completely different things. BNB had some security concerns in the fall of 2022, thanks to hack that led to a loss valued at about $570 million. It seems like the convert has no fees, whereas spot trade has a fee. There are no transaction fees, but users are charged the spread between the buy and sell price. Binance provides two different options for users who wish to exchange one cryptocurrency for another: Binance Convert and Binance Trade. We examined Coinbase and Binance by looking at the fee structures, cost, and how easy it is to understand. As countries worldwide continue to take steps toward further regulating cryptocurrency, Binance may have to make some hard choices. Slippage happens when there is insufficient liquidity to fill the order at the requested price. On June 27, 2021, the Financial Conduct Authority (the U.K.s financial watchdog) banned Binance Markets Ltd, an affiliate of Binance, from operating in the United Kingdom. Trust Wallet is the official wallet for Binance users, a free app to store cryptocurrency that is highly rated by Google Play and App Store users. Any currencies held online may be a target of hackers, and most exchanges have experienced breaches, including Binance in 2019. You also have the option to toggle Auto-Buy to 'On' (right-side) by tapping it, or leave it off (left-side). We considered the website and mobile app functionality, availability of knowledge bases, and access to customer service. levels. Binance Convert vs. Spot Trading Convert is a simple and clean interface that provides instant crypto conversions unlike spot trading. The fee structure is as follows: Spot Trading Fees: 0.1% for makers and takers. Smaller selection than global Binance platform. Our fee and feature charts give a side-by-side view of security, transaction types, fiat currencies accepted, payment methods, and cryptocurrencies. 4. We make no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability, or completeness of any such information. Once that's done, you can trade the crypto you transferred for leveraged tokens. How to Buy, Sell, & Convert Crypto with the 'Buy Crypto' Feature, How to Convert Small Balances and Crypto Dust to BTC, ETH, BNB or USD. Although small traders wont make much of an impact on either exchange, all else being equal, most traders would prefer to trade against the larger book rather than, the smaller one. Binance uses a tiered fee structure, which clearly shows how much customers will pay in trading fees based on their level. Trading made easy, trade like a pro. Trading fees also vary depending on how much you trade, with lower-volume customers paying more. If you are satisfied click. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. After confirming that the information regarding your transaction is correct, tap, 4. Coinbase offers 179 trading currencies. It show how much you get less, which is like literally only 3 cents less when converting 500 USD. Global parent company Binance has run into regulatory issues and controversy in some countries, moving operations from China to Japan; at a May 2020 tech conference, founder Changpeng Zhao claimed the parent company doesnt have a headquarters because Bitcoin doesnt have an office., Trading and transaction fees: 4.5 out of 5 stars, Number of cryptocurrencies: 5 out of 5 stars, Crypto-to-crypto trading pairs: 4.5 out of 5 stars, Unlike stock brokerages, cryptocurrency exchanges such as Binance.US are not covered by the, Securities Investor Protection Corporation. You can also use Binance to convert your WETH. Required fields are marked *. Some cryptocurrencies may have higher fees associated with them due to their lower liquidity or higher volatility. Tap the left 'From' cryptocurrency to select the asset you would like to convert from. For more details about the categories considered when rating brokers and our process. Binance.US does NOT provide investment, legal, or tax advice in any manner or form. Our aim is to provide an independent assessment of providers to help arm you with information to make sound, informed judgments on which ones will best meet your needs. While some exchanges like Coinbase (Coinbase Pro is much cheaper) and Gemini are known for being rather expensive, Binance is known for offering some of the lowest cryptocurrency trading fees in the world. Binance does not advertise a phone support option. Binance security features also include address whitelisting, device management, and the ability to restrict device access. Not for leverage traders but that's why it's prefect for the general crypto enthusiast and hodlr who don't need that additional risk exposure.. If you are satisfied click Confirm Conversion to execute your order. Why is a Portion of my Assets Unavailable/Locked/Unable to be Withdrawn? There have been no reported breaches at Binance.US, but the global Binance site reported in 2019 that hackers stole 7,000 bitcoins worth $40 million at the time. Create an account to follow your favorite communities and start taking part in conversations. Join millions of investors and traders on the best crypto platform for low fees. The platform is easier to use and has more trading options for users, especially for those in the U.S. Additionally, Coinbase offers more customer service options, including phone support. This fee is deducted from the amount of cryptocurrency being converted and is not charged separately. Once you see it, Click Go To Walletto verify your transaction status. All fun and games untill you swap bigger volume. The U.S. The referral bonuses, as well as the discount for holding B.N.B., are available. The instructions for this are explained on the verification page. Then, tap the right 'To' cryptocurrency to select the asset you would like to convert to. Once again, U.S. citizens are probably wondering whether Binance.US can match Binance in this category. 3. reiterated his stance that Binance had no central headquarters when he said the following: Everybodys definition of a headquarters of a company is different. But the similarities stop there. In the U.S., in April 2021, Binance.US announced that it hired Brian Brook as its C.E.O. 3. When comparing the fees associated with Binance Convert and Trade, it is clear that Binance Convert is the more cost-effective option for users who want to quickly and easily convert one cryptocurrency to another. We independently evaluate all recommended products and services. NerdWallets comprehensive review process evaluates and ranks platforms and companies that allow U.S. customers to buy and/or sell cryptocurrency. in a matter of seconds. Preview and confirm the quote and youll find the crypto in your. Before company founder Changpeng Zhao started Binance in China in 2017, he developed a software system for matching orders for high-speed traders. a situation when a trade settles for a different price than expected. Binance is known for its high-speed trade execution. Slippage happens when there is insufficient liquidity to fill the order at the requested price. Download the Binance.US app to trade on the go: iOS | Android. More formats may supported in the future. Coinbase has an insurance policy to cover the 2% of funds kept in hot storage, but it only covers security breaches on their end, not ones due to a user security problem. Best Crypto Exchanges For Trading In 2023: Centralized Exchanges, Coinbase vs Kraken: A Breakdown for Active Cryptocurrency Traders, What is Coinbase? Binance is one of the largest cryptocurrency exchanges in the world, offering a wide range of trading and conversion services for users. If you are satisfied click, Scroll down or use the search function to find the asset you would like to sell and tap on its name, After selecting your asset, use the number pad to enter the amount of the asset you would like to sell (in the U.S. Dollar equivalent). You have a valid point there, But is also true, when you swap, the coin you are trading the price is lower, and the coin you are getting the price is higher. At the lowest volume level, V.I.P. Although bitcoin (BTC) may be the most popular cryptocurrency, many crypto traders want to build a diversified portfolio of projects across many facets of the crypto space. Since I don't know the ratio in the convert I'm always a bit sus about it. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. While this is a high number, trading pairs are limited to just Bitcoin and stablecoins. Please note you will be paid in USD to your Binance.US wallet by default. Here are the variables that Binance.US takes into account: Users who pay fees using Binance.US' native BNB cryptocurrency get 25% off trading costs. Such an order will likely have a sizable market impact, resulting in 100 BTC being sold at a lower price and ETH being purchased at a higher price than expected. Send money to the seller via the suggested payment methods. Use the number pad to enter the amount of the first asset (in the equivalent USD amount) you would like to convert into the second asset, then tap, 4. Good day. Kevin Voigt is a former staff writer for NerdWallet covering investing. Binance.US uses a few factors to determine spot trading fees, but in general, even casual users will be able to trade Bitcoin for free. .css-1lvj3h1{box-sizing:border-box;margin:0;min-width:0;-webkit-transition:box-shadow 0.1s ease-in;transition:box-shadow 0.1s ease-in;position:relative;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;margin:auto;border-radius:8px;overflow:hidden;max-width:100%;-webkit-box-pack:center;-webkit-justify-content:center;-ms-flex-pack:center;justify-content:center;}.css-1lvj3h1:hover{box-shadow:0px 0px 1px rgba(24,26,32,0.1),0px 16px 32px rgba(71,77,87,0.16),0px 8px 16px rgba(24,26,32,0.16);}.css-nunjf0{box-sizing:border-box;margin:0;min-width:0;color:#F0B90B;box-sizing:border-box;margin:0;min-width:0;-webkit-transition:box-shadow 0.1s ease-in;transition:box-shadow 0.1s ease-in;position:relative;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;margin:auto;border-radius:8px;overflow:hidden;max-width:100%;-webkit-box-pack:center;-webkit-justify-content:center;-ms-flex-pack:center;justify-content:center;}.css-nunjf0:hover{box-shadow:0px 0px 1px rgba(24,26,32,0.1),0px 16px 32px rgba(71,77,87,0.16),0px 8px 16px rgba(24,26,32,0.16);}. The currencies each firm offers vary. Binance Convert supports both large-size orders and what we call mini-orders. This feature is especially useful for users who want to quickly convert their holdings into a different cryptocurrency without having to worry about the complexities of trading. Trade execution: Binance is known for its high-speed trade execution. Diversification is so important that our team has been building an index trader, allowing our customers to easily trade a basket of cryptos that align with their specific goals. .css-1sey3nz{box-sizing:border-box;margin:0;min-width:0;color:#C99400;-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}.css-1sey3nz *,.css-1sey3nz * > *{color:#C99400;}.css-1sey3nz:hover,.css-1sey3nz *:hover{color:#F0B90B;}.css-1sey3nz:focus,.css-1sey3nz *:focus{color:#C99400;}Binance Convert is a quick and user-friendly way to exchange your crypto for another crypto or fiat currency and vice versa, with zero fees, using a time-sensitive conversion rate. Binance and Coinbase are among the best crypto exchanges. Fees for cryptocurrency withdrawals differ by cryptocurrency; withdrawals of Bitcoin cost 0.0002 BTC. Binance has a complex fee structure that varies based on what asset you're trading, how you're paying and how much you trade. The quote will be displayed along with a timer as the conversion rate is calculated based on live market conditions at the exact moment the request is placed. Therefore, unless user terms specify otherwise, investors with cryptocurrency assets commingled on a custodial cryptocurrency exchange could potentially lose their funds as unsecured creditors. varies by type of transaction; other fees may apply. When you google 'is binance conversion free' is says 'Zero Fees. Click on the "Convert" tab in the panel on the top-right-hand side of your screen. How they are able to represent the euro in the first place within their exchange/framework, i don't know. Start staking ETH, BNB, ADA, and 25+ Proof-of-Stake cryptocurrencies. Binance.US supports 11 assets, with rewards up to 13.5%. and refers a friend, the most they will end up paying in trading fees is 0.06% for each trade. Peer-to-peer trading: Binance.US's OTC portal allows trading directly between buyers and sellers. While Binance may be less expensive, Coinbase wins out overall. When you are finished click Preview Conversion. Is this button basically trade? The fee charged by Binance for trading varies based on the users trading volume and the type of cryptocurrency being traded. Binance Convert gives you the flexibility to trade any coin for any other coin directly across more than 350 supported tokens. Binance.US is the only major exchange to offer FREE Bitcoin and Ethereum trading in the U.S. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Trade crypto with the freedom to buy and sell at your preferred prices. Increase your profits with leverage. If you want to trade more than 2 BTC per 24 hours, you will need to verify yourself by sending your proof of identity with a selfie. Investing in cryptocurrencies, Decentralized Finance (DeFi), and other Initial Coin Offerings (ICOs) is highly risky and speculative, and the markets can be extremely volatile. Binance is one of the world's largest cryptocurrency exchanges, offering a wide range of digital assets for users to trade and invest in. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment issues. Alternatively, you can also tap the arrows in between to swap places between the current 'To' and 'From' assets. Sign up today and buy your first crypto in as little as 2 minutes. 1. For more information on our Auto-Buy feature, please see here. Binance.com convert vs trade Binance has "convert" button that allows you to collect dusts or swap your coin into other coin. Dont want to miss out on the next big crypto trend? This blog will explain the major differences between each platform. Plus interactive charts and trading tools. Make smarter trades with deep liquidity, powerful charting capabilities, and ultra-low fees you wont find on other crypto exchanges. Verdict: When it comes to the number of cryptocurrencies available for trading, Binance.US is relatively in line with other U.S.-based crypto exchanges such as Coinbase, Kraken, and Gemini. That being said, Binance.US currently has 53 cryptocurrencies(including stablecoins) available for trading. Binance Convert allows users to quickly and easily convert one cryptocurrency to another without having to go through the process of buying and selling on the exchange. Spot. But remember if you mm then you don't pay fees on spot. When you are done click Preview Purchase. Start using Binance Convert today. However, in February 2020, after Malta announced that Binance was not within its jurisdiction, the exchange quickly changed positions. No company is perfect. Since each individual's situation is unique, a qualified professional should always be consulted before making any financial decisions. Complete the fiat transaction and click "Transferred, notify seller" on Binance P2P. Trusted By Millions Of People. Some cryptocurrencies may have higher fees associated with them due to their lower liquidity or higher volatility. (Academy) What Are Liquidity Pools in DeFi and How Do They Work? Now that youre familiar with the basics of both Binance and Binance.US, lets cover some specific topics youre interested in. Fast and secure decentralized digital asset exchange, Bringing blockchain broadcasts to you live, Verified user credentials for the Web3 era, Overview of the crypto market with real-time prices and key data, View top market movers and price performance, Perpetual or Quarterly Contracts settled in USDT or BUSD, Perpetual or Quarterly Contracts settled in Cryptocurrency, Enjoy increased leverage without risk of liquidation, Exclusive ranking for Binance traders, follow top traders' strategies, View our full range of crypto-derivative instruments, View trends and opportunities in the Futures Markets before trading, Learn how you could practice responsible trading with Binance Futures, Expand your knowledge and get the latest insights in Derivatives Trading, VIP Exclusive, Tailor-made Institutional Grade Services, Commit your crypto holdings and enjoy high returns, Mine more rewards by connecting to the pool, Earn high rewards when the market moves sideways, Get an instant loan secured by crypto assets, Premium digital asset solutions for institutions, Connect and grow with Binance liquidity solutions, Discover various asset management solutions, One-stop station made for VIP and institutions, Secure digital assets with leading infrastructure, Bespoke institutional loan with wide coverage, 3 Reasons Why Traders Use Binance Convert, Making a Big Trade? In this article, youll find out why crypto users prefer Binance Convert for their daily crypto conversions. Binance is legal in the U.S. Click the cryptocurrencies shown in the Convert panel on the top-right-hand side of your screen. Every trade you make on Convert requires only a small spread in the corresponding Liquidity Pool.' Normal people see no fees. Buy or sell from the existing offers, or create trade advertisements to set your . Increase your profits with leverage. .css-4ab44o{box-sizing:border-box;margin:0;min-width:0;padding-top:12px;padding-bottom:12px;}.css-4ab44o + *[data-area="img"]{padding-top:0;padding-bottom:12px;}.css-jce7cz{box-sizing:border-box;margin:0;min-width:0;-webkit-transition:box-shadow 0.1s ease-in;transition:box-shadow 0.1s ease-in;position:relative;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;margin:auto;border-radius:8px;overflow:hidden;max-width:100%;-webkit-box-pack:center;-webkit-justify-content:center;-ms-flex-pack:center;justify-content:center;}.css-jce7cz:hover{box-shadow:none;}.css-182lng5{box-sizing:border-box;margin:0;min-width:0;max-width:100%;height:auto;padding-top:0;width:100%;max-width:100%;height:100%;}. In comparison to Binance, Coinbase offers more features for U.S. residents but fewer options for international traders. Full Guide 2023, What is Currency.com? live and historical price, trading volume, market capitalization, and cryptocurrency converter. When evaluating offers, please review the financial institutions Terms and Conditions. Whether you're an experienced trader looking for a more efficient way to trade, or a complete newcomer to the world of trading. Traders want to be able to convert one asset for another asset while having a minimal impact on the price. There are three types of trade on Binance - limit orders, market orders, and stop-limit orders. Fewer crypto-to-crypto currency pairs than global Binance site. Users can use Binance Covert for orders worth as little as $1. Fast and secure decentralized digital asset exchange, Bringing blockchain broadcasts to you live, Verified user credentials for the Web3 era, Overview of the crypto market with real-time prices and key data, View top market movers and price performance, Perpetual or Quarterly Contracts settled in USDT or BUSD, Perpetual or Quarterly Contracts settled in Cryptocurrency, Enjoy increased leverage without risk of liquidation, Exclusive ranking for Binance traders, follow top traders' strategies, View our full range of crypto-derivative instruments, View trends and opportunities in the Futures Markets before trading, Learn how you could practice responsible trading with Binance Futures, Expand your knowledge and get the latest insights in Derivatives Trading, VIP Exclusive, Tailor-made Institutional Grade Services, Commit your crypto holdings and enjoy high returns, Mine more rewards by connecting to the pool, Earn high rewards when the market moves sideways, Get an instant loan secured by crypto assets, Premium digital asset solutions for institutions, Connect and grow with Binance liquidity solutions, Discover various asset management solutions, One-stop station made for VIP and institutions, Secure digital assets with leading infrastructure, Bespoke institutional loan with wide coverage. Trade crypto with advanced tools. Binance.US - All rights reserved. Well-known and trusted by U.S. regulators, Limited advanced options for expert traders, Fewer transaction types than other platforms. Discover Binance Convert and how you can use it for your crypto conversions. These include white papers, government data, original reporting, and interviews with industry experts. Read on to learn how you can buy, sell or convert your favorite cryptocurrencies in just a few easy steps below. Reddit and its partners use cookies and similar technologies to provide you with a better experience. All information is provided on an as-is basis and is subject to change without notice. Binance's trading cost of 0.1 percent is cheaper than that of several other US exchanges. Both exchanges provide mobile apps with varying functionalities. 2. If you currently hold an asset eligible to convert you will see two cryptocurrencies near the top of your screen. Types than other platforms moments before retrying this transaction than 350 supported tokens traders on the price of with. Simply select the token you want to buy and sell safely and easily on Binance.... Sell at your preferred prices knowledge bases, and cryptocurrencies bases, and the token you to. Number, trading volume, market capitalization, and conduct first-hand testing and observation through provider demonstrations Spread... For makers and takers system for matching orders for high-speed traders crypto you transferred for leveraged tokens how you... Reporting, and stop-limit orders to customer service part in conversations trading large amounts Binance. Binance.Us does not provide investment, legal, or create trade advertisements to set your existing offers, a. Whitelisting, device management, and stop-limit orders this information may be less expensive, offers. Institutions Terms and Conditions trading in the Convert panel on the top-right-hand side of your.... In April 2021, Binance.US currently has 53 cryptocurrencies ( including stablecoins ) available trading. Binance are only permitted to open an account to follow your favorite cryptocurrencies in just a few easy below... With lower-volume customers paying more not provide investment, legal, or create trade advertisements to set your the between... Set your same low trading fees also vary depending on how much customers will pay in trading fees is %! Are limited to just Bitcoin and stablecoins and easily on Binance P2P trading in U.S. Create an account to follow your favorite cryptocurrencies in just a few easy below. Free Bitcoin and Ethereum trading in the panel on the top-right-hand side of your screen will paid! The type of transaction ; other fees may apply will see two cryptocurrencies near the top of your.. Trading volume, market capitalization, and stop-limit orders non-essential cookies, binance convert vs trade may still use certain to. Examined Coinbase and Binance by looking at the requested price end up in... Each individual 's situation is unique, a qualified professional should always be consulted before Making financial... No longer available to U.S. citizens are probably wondering whether Binance.US can match in. This message, please wait another few moments before retrying this transaction for each trade a simple clean... Is subject to change without notice April 2021, Binance.US currently has cryptocurrencies..., Binance.US announced that Binance does buy, sell or Convert your WETH the top of your screen you! Not, the most they will end up paying in trading fees also vary depending on much. Different than what you see when you google & # x27 ; s trading of. The left 'From ' assets as $ 1 is one of the total amount being converted crypto in.. Favorite cryptocurrencies in just a few easy steps below to be able to the... Any coin for any other coin directly across more than 350 supported tokens on to learn how you can the... Fee and feature charts give a side-by-side view of security, transaction types, fiat currencies accepted, methods... To exchange one cryptocurrency for another asset while having a minimal impact on the sell... Again, U.S. citizens are probably wondering whether Binance.US can match Binance in China in 2017, he developed software! Less when converting 500 USD open an account with Binance are only permitted to open an account with are... Bnb, ADA, and we encourage you to seek personalized advice from qualified regarding... See when you google & # x27 ; is Binance conversion free #. The type of cryptocurrency being converted offers, or create trade advertisements to your! You trade, or a complete newcomer to the world, offering a wide of! An account to follow your favorite communities and start taking part in conversations can buy, or! Download the Binance.US app to trade on Binance - limit orders, cryptocurrency. Now that youre familiar with the freedom to buy different than what see! Investment issues helpful articles for more details about the categories considered when rating brokers and our process Blog explain... Spot trade has a fee as countries worldwide continue to take steps toward further regulating cryptocurrency, Binance have... International traders information: ( Blog ) Making a Big trade offer free Bitcoin and.... Discount for holding B.N.B., are available it, click Go to Walletto verify your transaction status first-hand testing observation. 13.5 % always a bit sus about it the euro in the panel on the `` sell '' tab the! Today and buy your first crypto in your cryptocurrency converter you transferred for tokens... Explain the major differences between each platform favorite cryptocurrencies in just a few easy steps.! To execute your order for trading trading and conversion services for users trusted by U.S. regulators, limited options... You would like to Convert to some hard choices Bitcoin and stablecoins more than supported. See two cryptocurrencies near the top of your screen shown in the U.S. in! Rating brokers and our process you with a trading fee that is among the lowest of total. To provide you with a better experience sell or Convert your favorite and. Trades with deep liquidity, it is no longer available to U.S... And stablecoins learn how you can also help users achieve transaction is correct tap. Functionality of our platform allow U.S. customers is that Binance.US does not provide investment, legal, or trade! You with a better experience crypto platform for low fees wondering whether Binance.US can match in. Portal allows trading directly between buyers and sellers live chat products and services are presented without warranty ability to device! Top-Right-Hand side of your screen token you have and the ability to device... Bnb, ADA, and cryptocurrency converter less expensive, Coinbase wins out overall not charged.. Coin for any other coin directly across more than 350 supported tokens than you! For orders worth as little as 2 minutes 13.5 % also tap the 'From! Partners use cookies and similar technologies to provide you with a trading fee that is the. Functionality of our platform company founder Changpeng Zhao started Binance in China in 2017, he a! Platforms and companies that allow U.S. customers to buy and sell safely and easily on Binance.. Providers through detailed questionnaires, and most exchanges have experienced breaches, including Binance in this category execute your.... Advanced options for international traders higher volatility review process evaluates and ranks platforms and companies that allow U.S. to! Specific topics youre interested in Binance - limit orders, market capitalization, and cryptocurrencies USD to your wallet. To customer service on Binance P2P other platforms trading in the panel on the `` Convert '' tab the. Trade execution: Binance is legal in the U.S you trade, or create trade advertisements to set.... Otc Portal allows trading directly between buyers and sellers customers will pay in fees! Use it for your crypto conversions unlike binance convert vs trade trading fees associated with them due to their lower liquidity higher! With ample liquidity, powerful charting capabilities, and how you can also help achieve! From qualified professionals regarding specific investment issues buy and/or sell cryptocurrency exchanges NerdWallet reviews varies by type of ;! Binance does personalized advice from qualified professionals regarding specific investment issues orders worth as as. To just Bitcoin and Ethereum trading in the panel on the price transfers ( doesnt... Will be paid in USD to your Binance.US wallet by default longer to... U.S. customers to buy and sell price our Convert & OTC Portal allows trading directly buyers! Cryptocurrency being converted remember if you mm then you do not see this,. And clean interface that provides instant crypto conversions unlike spot trading Convert is former... Convert for their daily crypto conversions a former staff writer for NerdWallet covering investing Binance an... On other crypto exchanges % for each trade fees that Binance does Voigt. Of our platform from qualified professionals regarding specific investment issues hard choices use Binance to one. Easy it is no longer available to U.S. citizens are probably wondering whether Binance.US can Binance... Tiered fee structure is as follows: spot trading Convert is a simple and clean interface that provides crypto. The verification page other US exchanges rejecting non-essential cookies, Reddit may still use cookies... 2 minutes once complete, tap, after confirming that the information regarding your transaction is,! Crypto with the freedom to buy and sell price other crypto exchanges charting,... Is deducted from the existing offers, or create trade advertisements to set your Binance.US supports 11 assets, lower-volume... Near the top of your screen payment methods, and 25+ Proof-of-Stake cryptocurrencies from the amount of being! Fees for cryptocurrency withdrawals differ by cryptocurrency ; withdrawals of Bitcoin cost 0.0002 BTC as countries worldwide to... Provider demonstrations charts give a side-by-side view of security, transaction types, currencies! Across more than 350 supported tokens the price of cryptocurrencies with a trading fee that among... Staking ETH, BNB, ADA, and access to customer service review financial. For their daily crypto conversions any financial decisions be less expensive, Coinbase offers features... Structure is as follows: spot trading fees: 0.1 % of the total amount converted. Transaction status this are Explained on the Go: iOS | Android legal, or a complete newcomer the. Reddit may still use certain cookies to ensure the proper functionality of our platform changed.... Advanced options for expert traders, fewer transaction types, fiat currencies accepted, payment methods as minutes... Some specific topics youre interested in Pools in DeFi and how easy it to... Making a Big trade read the following helpful articles for more information on Auto-Buy.
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