Cryptocurrency Q&A
Is Binance not accepting US customers?
Is Binance not accepting US customers?
EchoChaser
Fri Oct 11 2024
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7 answers
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I'm trying to use Binance, but I heard that they might not be accepting customers from the US. Is that true? I'm from the US and I really want to use their platform.
7 answers
CryptoLegend
Sun Oct 13 2024
The question of whether Binance is banned in the United States is a common concern among cryptocurrency enthusiasts. However, the reality is that Binance is not banned outright in the US.
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SophieJones
Sun Oct 13 2024
Nevertheless, US residents cannot fully utilize Binance's services due to regulatory restrictions. Specifically, Binance utilizes securities that are not registered with the Commodity Futures Trading Commission (CFTC), which poses a legal hurdle for US-based users.
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Valentina
Sat Oct 12 2024
As a result, Binance.com made the decision in 2019 to stop accepting new registrations from US residents. This move aimed to comply with regulatory requirements and avoid potential legal issues in the US market.
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amelia_harrison_architect
Sat Oct 12 2024
In addition to trading services, BTCC also offers cryptocurrency wallets, which provide a secure and convenient way to store digital assets. These wallets are designed with security in mind, utilizing advanced encryption techniques and multi-signature security protocols to protect users' funds.
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emma_carter_doctor
Sat Oct 12 2024
Despite this restriction, US residents still have the option to trade on Binance.US, a separate entity specifically tailored for the US market. Binance.US provides a platform for trading over 150 different cryptocurrencies, catering to the needs of US-based investors.
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