What are the differences between Binance and Binance US in terms of fees and supported cryptocurrencies?

3 answers

• May 11, 2022 · 3 years ago
  Binance and Binance US are both popular cryptocurrency exchanges, but they have some key differences when it comes to fees and supported cryptocurrencies. Binance charges a flat trading fee of 0.1% for all trades, regardless of the trading volume. On the other hand, Binance US charges a tiered fee structure based on the trading volume. The fees start at 0.1% and decrease as the trading volume increases. In terms of supported cryptocurrencies, Binance offers a wide range of cryptocurrencies for trading, including popular ones like Bitcoin, Ethereum, and Ripple, as well as many altcoins. Binance US, on the other hand, has a more limited selection of cryptocurrencies available for trading. They focus on offering a smaller number of high-quality, compliant cryptocurrencies to US users. Overall, if you're looking for a wider selection of cryptocurrencies and don't mind the flat trading fee, Binance may be a better choice. However, if you prefer a more limited but compliant selection of cryptocurrencies and are willing to pay a tiered fee based on your trading volume, Binance US could be the right option for you.
  1124

  562
• May 11, 2022 · 3 years ago
  When it comes to fees and supported cryptocurrencies, Binance and Binance US have some notable differences. Binance charges a flat trading fee of 0.1% for all trades, while Binance US has a tiered fee structure that starts at 0.1% and decreases as the trading volume increases. This means that if you're a high-volume trader, you may be able to enjoy lower fees on Binance US. In terms of supported cryptocurrencies, Binance offers a wide range of options, including popular coins like Bitcoin, Ethereum, and Litecoin, as well as many lesser-known altcoins. Binance US, on the other hand, focuses on offering a more limited selection of cryptocurrencies that comply with US regulations. So, if you're a US-based trader looking for a compliant platform with a smaller but high-quality selection of cryptocurrencies, Binance US could be the better choice for you.
  861

  287
• May 11, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that there are some differences between Binance and Binance US in terms of fees and supported cryptocurrencies. Binance charges a flat trading fee of 0.1% for all trades, which is quite competitive in the market. On the other hand, Binance US has a tiered fee structure that starts at 0.1% and decreases as your trading volume increases. This means that if you're a high-volume trader, you can enjoy lower fees on Binance US. In terms of supported cryptocurrencies, Binance offers a wide range of options, including major coins like Bitcoin, Ethereum, and Ripple, as well as numerous altcoins. Binance US, however, focuses on offering a more limited selection of cryptocurrencies that comply with US regulations. So, if you're a US-based trader looking for a platform that prioritizes compliance and offers a smaller but high-quality selection of cryptocurrencies, Binance US could be the perfect fit for you.
  969

  243