How to Transfer from Binance to Binance US (2024 Guide)

Are you a US-based trader looking at how to transfer from Binance to Binance US?

This step-by-step guide will help you finish your transfer with ease.

Binance, the world’s largest cryptocurrency exchange by trading volume, was founded in 2017 in China.

However, due to regulatory concerns, Binance has restricted US-based traders from trading on its platform.

As a result, Binance.US was launched to cater specifically to the US market.

To transfer your funds from Binance to Binance.US, you need to follow a few simple steps.

First, log in to your Binance account and withdraw your assets using your Binance.US deposit address.

Repeat this process for all your Binance assets.

Next, register for a new Binance.US account by navigating to www.binance.us/en/home and tapping GET STARTED on the homepage.

Once your Binance.US account is set up, you can transfer your funds from Binance to Binance.US.

Understanding Binance and Binance.US

If you’re new to the world of cryptocurrency, you may be wondering what Binance and Binance.US are.

Simply put, Binance and Binance.US are cryptocurrency exchanges that allow you to buy, sell, and trade cryptocurrencies like Bitcoin, Ethereum, and more.

Binance is a global cryptocurrency exchange that was founded in 2017.

It has quickly become one of the most popular exchanges in the world due to its low fees, wide selection of cryptocurrencies, and user-friendly interface.

Binance.US, on the other hand, is a separate exchange that was launched in 2019 specifically for customers in the United States.

It is operated by a separate company, but it is still backed by the same technology and security as Binance.

Both Binance and Binance.US offer a wide selection of cryptocurrencies, including popular coins like Bitcoin, Ethereum, and Litecoin, as well as lesser-known coins like Chainlink and Basic Attention Token.

They also offer a variety of trading pairs, which allow you to trade one cryptocurrency for another.

When it comes to fees, Binance and Binance.US are both very competitive.

Binance charges a flat 0.1% trading fee, which is one of the lowest in the industry.

Binance.US charges a slightly higher fee of 0.5%, but it still remains very competitive compared to other US-based exchanges.

Setting Up Your Accounts

Before you can transfer your funds from Binance to Binance.US, you need to set up accounts with both platforms.

Here’s how to do it:

Binance Account

1. Go to the Binance website or download the Binance app on your mobile device (iOS or Android).
2. Click on “Register” and fill out the necessary information, including your email address and password.
3. Verify your email address by clicking on the link sent to your inbox.
4. Complete the KYC process by providing the necessary personal information.
5. Enable 2-Factor Authentication for added security.

Binance.US Account

1. Go to the Binance.US website or download the Binance.US app on your mobile device (iOS or Android).
2. Click on “Get Started” and provide your email address, choose a password, and agree to the Terms of Service.
3. Verify your email address by entering the 6-digit code sent to you in your inbox.
4. Complete the KYC process by providing the necessary personal information.
5. Enable 2-Factor Authentication for added security.

Once you have set up your accounts with both platforms and completed the necessary verification processes, you are ready to transfer your funds from Binance to Binance.US.

How to Buy and Sell Cryptocurrencies

If you’re new to buying and selling cryptocurrencies, it can be a bit overwhelming at first.

But don’t worry, we’re here to help! Here’s a step-by-step guide on how to buy and sell cryptocurrencies on Binance.US.

Buying Cryptocurrencies

1. From the Home screen of the Binance.US app, tap the Buy button.
2. Scroll down or use the search function to find the asset you want to buy and tap on its name.
   • Note: If you cannot find your desired cryptocurrency in this menu, but it is supported by Binance.US, please use the regular Binance.US trade screen.
3. Enter the amount of USD or crypto you want to spend and review the transaction details.
4. Tap Buy Now to complete your purchase.

Selling Cryptocurrencies

1. From the Home screen of the Binance.US app, tap the Sell button.
2. Select the cryptocurrency you want to sell and enter the amount you wish to sell.
3. Review the transaction details and tap Sell Now to complete the transaction.

Keep in mind that the value of cryptocurrencies can be volatile, so it’s important to do your research and make informed decisions.

Additionally, Binance.US offers a wide selection of trading pairs, including popular cryptocurrencies like Bitcoin, Ethereum, and BNB, as well as many other supported cryptocurrencies.

To get started, you’ll need to deposit funds into your Binance.US account.

You can do this by selecting the Deposit button and choosing your preferred deposit method.

Once your account is funded, you can start buying and selling cryptocurrencies.

And that’s it!

With these simple steps, you can start trading cryptocurrencies on Binance.US.

How to Transfer from Binance to Binance US

If you are a US-based trader looking to transfer your funds from Binance to Binance US, follow these simple steps to complete your transfer.

Initiating the Transfer

1. First, log in to your Binance account and navigate to the “Wallet” section.
2. Select the cryptocurrency you want to transfer from your Binance account to your Binance US account.
3. Click the “Withdraw” button next to the selected cryptocurrency.
4. Enter your Binance US wallet address in the “Recipient’s Address” field. Make sure to double-check the address to avoid any mistakes.
5. Enter the amount of cryptocurrency you want to transfer to your Binance US account.
6. Check the transaction fee and make sure you have enough funds to cover it.
7. Click the “Submit” button to initiate the transfer.

Confirming the Transfer

1. After initiating the transfer, you will receive a confirmation email from Binance.
2. Open the email and click the confirmation link to confirm the transfer.
3. Once confirmed, the transfer will be processed and the cryptocurrency will be sent to your Binance US account.
4. You can check the status of your transfer by navigating to the “Transaction History” section in your Binance account.

Remember, it may take some time for the transfer to be completed depending on the network congestion and the transaction fee you paid.

If you have any issues or questions, you can always contact Binance customer support for assistance.

Understanding Fees and Charges

When it comes to transferring funds from Binance to Binance.US, it’s important to understand the fees and charges involved.

Here’s what you need to know:

Transaction Fees

Just like any other crypto exchange and trading platform, Binance.US charges a fee for transactions on its platform.

However, the good news for traders on Binance.US is that the trading and transaction fees on Binance.US are some of the lowest in the industry.

The maker/taker fees range from 0 to 0.1 percent and instant buy/sell fees are 0.50 percent.

It’s worth noting that deposit and withdrawal fees (if applicable) are calculated and displayed on the “Preview” screen for your review before you approve the transaction.

Pay

Binance.US offers a feature called “Pay,” which makes sending and receiving crypto as seamless as cash, enabling instant, zero-fee crypto transfers between all Binance.US customers.

Pay is the safest and easiest way to send and receive all supported cryptocurrencies on Binance.US.

Trading Fees

Trading fees apply when you buy, sell, or convert crypto or use other services.

Fees are calculated and displayed on the “Preview Purchase” screen for your review before you approve the transaction.

Binance.US deducts a 20% service fee from earned staking rewards, which is reflected in the estimated rewards rate.

Troubleshooting Transfer Issues

If you encounter any issues while transferring your funds from Binance to Binance.US, don’t worry.

Here are a few common troubleshooting tips to help you resolve the issue:

Check the Request Status

If your transfer request is still pending, make sure you have completed all the necessary steps correctly.

Double-check the deposit address you entered, as even a small mistake can cause the transfer to fail.

Additionally, check if you have sufficient funds in your Binance account to complete the transfer.

Check the Transfer History

If your transfer request has been processed, but you still haven’t received the funds in your Binance.US account, check your transfer history.

This will show you the status of your transfer and any errors that may have occurred during the process.

Check Your Withdrawal Limits

Binance.US has daily withdrawal limits for each cryptocurrency.

If your transfer request exceeds this limit, it will be automatically rejected.

To resolve this issue, you can either reduce the amount of your transfer or contact Binance.US support to increase your withdrawal limit.

Contact Binance.US Support

If you have tried all the troubleshooting tips above and still can’t resolve the issue, contact Binance.US support.

They will be able to assist you in resolving any issues you may be experiencing with your transfer.

Remember, transferring funds from Binance to Binance.US is a straightforward process, but issues can occur.

By following these simple troubleshooting tips, you can quickly and easily resolve any transfer issues and continue to use Binance.US to trade seamlessly.

Security Measures for Transfers

When it comes to transferring your crypto assets from Binance to Binance.US, security should be your top priority.

Here are some security measures you should take to ensure your transfer is safe and secure:

Set a Strong PIN

Setting a strong PIN is the first line of defense against unauthorized access to your account.

Make sure to choose a PIN that is difficult to guess and avoid using common numbers such as your birthdate or phone number.

You can set up a PIN in the Binance.US app by going to “Settings” and selecting “Security.”

Use a Secure Wallet

Before transferring your crypto assets, make sure to use a secure wallet to store them.

A hardware wallet, such as Ledger or Trezor, is a great option as it provides an extra layer of security by keeping your private keys offline.

However, if you prefer a software wallet, make sure to choose one that is reputable and has a good track record of security.

Verify the Recipient Address

Double-checking the recipient address is crucial to ensure that you are sending your crypto assets to the correct address.

Make sure to verify the address multiple times before initiating the transfer.

You can also use the “copy and paste” function to avoid any typos.

Enable Two-Factor Authentication

Enabling two-factor authentication (2FA) adds an extra layer of security to your account.

With 2FA, you will need to enter a code generated by an authentication app, such as Google Authenticator, in addition to your password.

This makes it much harder for hackers to gain access to your account.

By following these security measures, you can ensure that your transfer from Binance to Binance.US is safe and secure.

Remember to always be cautious and take the necessary steps to protect your crypto assets.

Legal and Risk Factors

Legal Disclaimer

Before transferring your funds from Binance to Binance.US, it is important to understand the legal and risk factors involved.

Binance.US does not provide investment, legal, or tax advice.

All investment decisions are solely your responsibility.

By using Binance.US, you agree to their terms of use and acknowledge that you are solely responsible for your investment activities.

Market Risk

Cryptocurrency prices are highly volatile and subject to price fluctuations.

The value of your investment can go up or down at any time.

It is important to understand the market risk involved before making any investment decision.

Binance.US is not responsible for any losses you may incur as a result of market fluctuations.

When transferring your funds from Binance to Binance.US, it is important to carefully consider your investment decision.

You should analyze all possible risk factors and exercise your own independent discretion before making any investment decisions.

Binance.US shall not be liable for any consequences thereof.

It is important to note that Binance.US does not provide individualized recommendations or investment advice.

The information provided on their platform is for general informational purposes only.

You should not rely solely on this information when making your investment decisions.

Other Transfer Options

While transferring funds from Binance to Binance.US is a simple and straightforward process, you may prefer to explore other transfer options that suit your needs.

Here are a few additional transfer options to consider:

Bank Transfer

If you want to transfer funds from your bank account to Binance.US, you can use a bank transfer.

This method allows you to transfer fiat currency directly from your bank account to your Binance.US account.

You can initiate a bank transfer by logging into your Binance.US account and selecting the “Deposit” option on the homepage.

From there, you can choose the bank transfer option and follow the instructions to complete the transfer process.

Coinbase

If you already have a Coinbase account, you can use it to transfer funds to Binance.US.

You can transfer funds from your Coinbase account to your Binance.US account by selecting the “Deposit” option on the Binance.US homepage and choosing the Coinbase option.

From there, you can follow the instructions to complete the transfer process.

ACH

Another option for transferring funds to Binance.US is to use Automated Clearing House (ACH) transfers.

This method allows you to transfer funds between banks electronically.

To initiate an ACH transfer, you can log into your Binance.US account and select the “Deposit” option on the homepage.

From there, you can choose the ACH option and follow the instructions to complete the transfer process.

Regardless of which transfer option you choose, it’s important to ensure that you have sufficient funds in your Binance account to cover the transfer.

You can check your balance by logging into your Binance account and viewing your account information.

With these additional transfer options, you can easily and conveniently transfer funds to Binance.US and start trading seamlessly.

Binance.US Availability

Binance.US is a digital asset trading platform that is available to users in the United States.

The platform is operated by BAM Trading Services, which is registered with the Financial Crimes Enforcement Network (FinCEN) as a money services business.

If you are a US customer looking to trade cryptocurrencies, Binance.US is a great option.

The platform offers a wide range of digital assets, including Bitcoin, Ethereum, Litecoin, and many others.

Binance.US also offers a user-friendly interface, making it easy for beginners to get started.

One thing to note is that Binance.US is not available in all US states.

As of the time of writing, the platform is available in 43 states, as well as Washington D.C. and Puerto Rico.

If you are unsure whether Binance.US is available in your state, you can check the platform’s website for more information.

It is also worth noting that Binance.US is only available to individual users who are at least 18 years old.

If you are a business or institutional user, you will need to use Binance.com instead.

Connect With Binance on Social Media

When it comes to staying up-to-date with the latest news and updates from Binance, social media is an excellent resource.

Here are some of the social media platforms where you can connect with Binance:

Twitter

Binance’s official Twitter account is a great place to get news and updates about the platform.

You can follow them @binance to get the latest news about Binance, including new features, developments, and more.

They also share educational content and market analysis, making it a great resource for traders.

Instagram

Binance also has an official Instagram account @binance, where they share photos and videos related to the platform.

While they don’t share news and updates as frequently on Instagram, it’s still a great way to stay connected with the community and see what’s happening behind the scenes at Binance.

Telegram

Telegram is a popular messaging app that Binance uses to communicate with its users.

You can join the official Binance Telegram group @binanceexchange to get news and updates, ask questions, and connect with other users.

Binance also has Telegram groups for specific languages and regions, so you can find a group that’s tailored to your needs.

Facebook

Binance has an official Facebook page @binance where they share news and updates about the platform.

They also share educational content and market analysis, making it a great resource for traders.

You can also connect with other Binance users on the platform by joining Binance-related Facebook groups.

Reddit

Reddit is a popular social media platform where users can share news, stories, and opinions.

Binance has an official subreddit /r/binance where they share news and updates about the platform.

You can also connect with other Binance users on the subreddit, ask questions, and share your own experiences.

By following Binance on social media, you can stay up-to-date with the latest news and updates from the platform.

Whether you’re a trader or just interested in cryptocurrency, social media is a great way to connect with the Binance community and stay informed.

Key Takeaways

Transferring funds from Binance to Binance.US is a simple process that can be completed in a few easy steps.

Here are the key takeaways to keep in mind:

• Binance.US is a partner of Binance and is specifically designed for US-based traders.
• Both Binance and Binance.US have user-friendly interfaces that make it easy to transfer funds between the two platforms.
• Transferring funds from Binance to Binance.US is a quick and efficient process that can be completed in just a few minutes.
• Binance and Binance.US have high liquidity, which means that you can easily trade your funds for other cryptocurrencies or fiat currencies.
• Before transferring funds, make sure to verify your Binance.US account and withdraw your assets from Binance using your Binance.US deposit address.

If you are a US-based trader looking to transfer funds from Binance to Binance.US, follow the steps outlined in this guide.

With a little bit of patience and attention to detail, you can easily move your assets between these two platforms and take advantage of the benefits of both.