Binance.US Review 2027Core Trading Conditions and Fees

Binance.US review 2027: a separate exchange with a familiar name

Binance.US is not the American version of the Binance website. It is a distinct company, BAM Trading Services, launched in September 2019 after the global exchange withdrew from the United States. It licenses the Binance brand and matching technology, and it has its own management, its own order books and its own, much shorter, list of products. Liquidity is not shared with the global platform. Anyone weighing it up for 2027 should judge it on its own merits, as a mid-sized US exchange that has come through a punishing few years.

What it offers

The platform is spot-only. It lists roughly 150 cryptocurrencies with pairs in US dollars, USDT and USDC, and it supports staking on a range of proof-of-stake assets. There is no margin trading, no futures and none of the launchpad or earn products found on the global site. Customers can use a simple buy-and-sell screen, a convert tool or the advanced trading view with a full order book. An over-the-counter desk serves larger trades. The mobile app closely resembles the international one in layout, with fewer menus.

Fees: still the selling point

Low cost has always been the reason to use Binance.US. Under its tiered model, selected high-volume pairs, including major bitcoin markets, have carried zero maker fees and taker fees of around 0.01% at the entry tier, while other pairs start nearer 0.38% for makers and 0.57% for takers before discounts. Paying fees in BNB reduces charges by a quarter. The simple buy screen adds a spread. These tiers have been revised several times, so the current table should be checked, but the best-priced pairs remain among the cheapest regulated ways to trade bitcoin in the United States.

The SEC case and the loss of dollar banking

In June 2023 the Securities and Exchange Commission sued Binance, its founder and BAM Trading, alleging unregistered securities activity and commingling of funds, and sought to freeze the US company's assets. A court declined to impose the freeze, but the damage was done: banking partners cut ties, and Binance.US had to suspend dollar deposits and withdrawals and operate as a crypto-only exchange. Market share collapsed to a fraction of a percent, staff were laid off, and many customers left. Throughout, crypto withdrawals continued to function and customer assets remained available.

Recovery since 2025

The picture improved in 2025. In February the exchange restored US dollar deposits and withdrawals by bank transfer after securing new banking arrangements, and it later reinstated dollar trading pairs. In May 2025 the SEC dismissed its lawsuit with prejudice, ending the case without penalties for the US entity. Volume has been rebuilding from a very low base. The company has also had changes in leadership and board composition, and the relationship with the global firm remains a subject of attention, particularly after its founder received a presidential pardon in late 2025.

Licensing and availability

Binance.US is registered with FinCEN as a money services business and holds money transmitter licences or equivalent approvals in most states. It does not operate everywhere: a number of states, among them New York and Texas, have been outside its coverage at various times, and the list has changed as licences were surrendered or regained. Availability should be confirmed for your state during sign-up. Full identity verification is required for all accounts.

Custody and reserves

Customer assets are held one to one, according to the company, and it publishes proof-of-reserves reports with Merkle-tree verification that allow individual users to confirm their balances are included. During the SEC litigation, the handling of custody and the role of the global parent's wallet software were examined in detail under a court-supervised agreement, which required that assets stay in the United States under local control. Account security tools include passkeys, authenticator apps, withdrawal whitelisting and device management. There has been no hack of the platform.

Pros and cons

• Price: very low fees on major pairs and a BNB discount.
• Legal clarity: the SEC case was dismissed in 2025.
• Dollar access: bank deposits and withdrawals are available again.
• Liquidity: order books are thin compared with larger US exchanges.
• Products: spot and staking only.
• Coverage: not offered in every state, and history of disruption.

Who should consider it?

Binance.US suits American residents in supported states who trade mainstream coins and care most about fees. Investors who want maximum stability, broad selection or advanced products have stronger choices.

Verdict

Binance.US survived an episode that would have closed most businesses, and its legal position is now far clearer. For 2027 it is a viable low-cost venue with limited depth. Check your state, use limit orders, and avoid keeping more on the platform than you need.

Binance.US review: compare the alternatives

This Binance.US review is part of our Top 45 Cryptocurrency Exchanges in 2027 ranking. To compare, read the Bullish review and the Bitvavo review.