Is it possible for US citizens to purchase crypto on Binance?
AniketAug 05, 2020 · 5 years ago3 answers
Can US citizens legally buy cryptocurrencies on Binance? Are there any restrictions or limitations for US residents? What are the steps for US citizens to purchase crypto on Binance?
3 answers
- mona gargMar 10, 2025 · 5 months agoYes, US citizens can buy cryptocurrencies on Binance. However, there are some restrictions and limitations that they need to be aware of. Due to regulatory requirements, Binance has launched a separate platform called Binance US, which is specifically designed for US residents. US citizens are required to create an account on Binance US and complete the necessary verification process to comply with the local regulations. Once the account is verified, they can deposit funds and start trading cryptocurrencies on Binance US.
- Gorman SingletonJul 25, 2023 · 2 years agoAbsolutely! US citizens can purchase cryptocurrencies on Binance. However, it's important to note that Binance has implemented certain restrictions for US residents. In order to comply with the US regulatory framework, Binance has established Binance US, a separate platform exclusively for US citizens. US residents need to create an account on Binance US and complete the KYC (Know Your Customer) verification process. Once the verification is successful, they can deposit funds and start buying cryptocurrencies on Binance US.
- patrick lacunaAug 02, 2021 · 4 years agoYes, US citizens can buy crypto on Binance. However, it's worth mentioning that Binance has restricted access for US residents and launched Binance US as a separate platform. Binance US is fully compliant with US regulations and provides a secure and regulated environment for US citizens to trade cryptocurrencies. To purchase crypto on Binance US, US residents need to sign up for an account, complete the necessary verification procedures, and deposit funds. Once the account is set up, they can start buying cryptocurrencies on Binance US.
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