Assuming the funds are in your account, the deposit should be confirmed instantly. Limits are comparatively high. You'll then be able to buy Bitcoin or any supported cryptocurrency using your EUR wallet balance. The transaction is carried out within your bank's secure environment, meaning your credentials are not shared with anyone else. Transactions are confirmed or rejected instantly, so you won't be waiting days to know if your payment has gone through.
As there is no ability to initiate a chargeback, there are sellers who are willing to accept it in return for Bitcoin. Despite its limitations, the U. Cryptocurrencies Available on Binance. US Binance. US offers a selection of over cryptocurrencies. Trading Experience Users can access the Binance. To purchase or sell cryptocurrency on Binance.
The advanced portal integrates with TradeView and features a candlestick chart, real-time pricing, and access to your order history. In the OTC portal, buyers can negotiate trades directly with sellers. Overall, the trading experience on Binance. US is better suited for more experienced traders. Fees One of the most appealing features of Binance. US is its low trading fees. While competitors have trading fees starting at 0. Instant buy fees are 0. Users who hold BNC also get a 0. Crypto exchanges may offer fee discounts for users who hold certain assets and use them to pay their trading fees.
US is among these exchanges. Despite its low trading fees, Binance. US charges a relatively high 4. Users would be better off depositing money via ACH or wire transfer, both of which are free. US: Security Binance. US offers industry-standard security features for its users. It also requires that account holders verify their identities to buy, sell, or trade crypto.
To date, Binance. US is the only major crypto platform in the U. In addition to identity verification, users must also set up multi-factor authentication, and facial recognition is an option for mobile. Opening a Binance. US Account The process of opening a Binance. US account is relatively straightforward. As mentioned, the identity verification process can take a while.
Users have reported waiting over weeks or even months to get verified on Binance. US, which can be very inconvenient, especially if you want to start trading right away. Customer Service Like many other crypto exchanges, Binance. US offers limited customer service options.
US Support page. But there is no way to call or email someone directly if you need immediate assistance with your account. This resource could be helpful for those who need answers to more general questions. Customer Satisfaction Binance. US receives mostly negative feedback from users on third-party sites. Several reviewers report issues with trades, deposits, withdrawals, and the identity verification process.
However, the platform receives a handful of positive reviews as well, with users praising its low fees.
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