Binance vs. Binance US: Which Should You Use?

Binance.com is the global cryptocurrency exchange, available everywhere except the United States. Binance.US is its US-compliant sister exchange, run by a separate company under US regulatory oversight. Here's a 2026 head-to-head between the two platforms.

Summary: What's the difference between Binance and Binance.US?

Binance.com shut down in the United States in 2019 due to pressure from regulators. Since then, it has remained unavailable to US residents, including after Binance settled with the US Department of Justice in November 2023 for $4.3 billion over anti-money-laundering violations. Changpeng Zhao (CZ), the company's founder, stepped down and pleaded guilty as part of that settlement. Richard Teng now serves as CEO.

To serve US customers, the company runs Binance.US as a separate, US-compliant entity. Binance.US suspended USD deposits and withdrawals in June 2023 after losing its banking partners, and fully restored those services on February 19, 2025. The SEC dismissed its long-running lawsuit against Binance, Binance.US, and CZ with prejudice on May 29, 2025.

While Binance.US offers a similar user interface, it remains limited compared to Binance.com in the cryptocurrencies offered and product types available. It now charges lower spot trading fees, however.

Trading fees comparison

Winner: Binance.US

In April 2026, Binance.US slashed its spot trading fees to 0% maker and 0.02% taker for all users, with some pairs as low as 0.01% taker. The new rate applies across the board, with no volume tiers, no minimums, and no VIP requirements.

Binance.com charges a standard 0.10% maker and 0.10% taker on spot trades. The rate drops at VIP tiers (down to around 0.02% / 0.04% at the highest tier, which requires more than $2 billion in monthly volume) and through a 25% discount when paying fees with BNB. Typical users still pay the 0.10% standard rate.

Binance.com: 0.10% maker / 0.10% taker spot fees (lower at VIP tiers; 25% discount when paying with BNB)

Binance.US: 0% maker / 0.02% taker spot fees (some pairs as low as 0.01% taker)

User interface comparison

Winner: Binance.US

Both platforms have a similar user interface, but Binance.US is the better choice for beginner investors.

Binance.com, with its extensive list of features and tools, can be overwhelming for new users.

Because Binance.US lacks many of those advanced features, it's less intimidating to navigate.

Cryptocurrency selection comparison

Winner: Binance.com

To stay compliant with American regulations, Binance.US offers significantly fewer cryptocurrencies than Binance.com. The gap has narrowed slightly as Binance.US adds listings, but Binance.com still offers more than twice as many.

Binance.com: 500+ cryptocurrencies

Binance.US: 190+ cryptocurrencies

Liquidity and trading volume comparison

Winner: Binance.com

Binance.com is the world's largest cryptocurrency exchange by spot trading volume, with deep order books across hundreds of pairs and consistently tight bid-ask spreads. Binance.US runs at a fraction of that volume, which is fine for retail-sized trades but can mean meaningful slippage on larger orders or thinner altcoin pairs.

Binance.com: Among the highest daily spot trading volumes globally; tight spreads across most pairs

Binance.US: Materially lower trading volume; adequate for most retail-sized trades, less so for size or thin pairs

Advanced features

Winner: Binance.com

Binance.com is known for a wide array of features including futures trading, options trading, margin trading, crypto lending, a comprehensive suite of staking options, the Launchpad token-launch platform, Binance Earn (savings and liquidity farming), and an NFT marketplace.

US regulations prevent Binance.US from offering most of those same features.

Binance.com: Futures trading, options trading, margin trading, crypto lending, staking, Launchpad, Earn (savings and liquidity farming), NFT marketplace

Binance.US: Staking

Is Binance.US legal in the United States?

Binance.US is legal in all US states except:

• Hawaii
• New York
• Texas
• Vermont

Residents in a handful of other states (including Wisconsin) can use Binance.US for crypto-only trading but cannot deposit USD by bank transfer.

The platform suspended all USD deposits and withdrawals in June 2023 after its banking partners pulled back amid heightened regulatory pressure on crypto firms. Binance.US restored full USD services on February 19, 2025, and now offers zero-fee ACH bank transfers across the supported states.

Does Binance.US report to the IRS?

Yes, Binance.US reports to the IRS by issuing Form 1099-DA to all US users with taxable activity, starting with the 2025 tax year. Forms are available to download from your Binance.US account by mid-February 2026.

Binance.com does not issue US tax forms, because it doesn't serve US residents.

Heads-up: the 1099-DA reports gross proceeds only for the 2025 tax year. Cost basis isn't required on the form until the 2026 tax year. Without cost basis, the IRS sees the full sale amount as if it were all gain, which usually inflates what you owe.

To file accurately, import your full Binance.US transaction history into crypto tax software that calculates cost basis from your acquisition prices. For a deeper walkthrough, see our guides on Binance.US Form 1099-DA and Form 1099-DA basics.

How to report your Binance and Binance.US trades on your taxes

Reconciling your Binance.com and Binance.US transaction history is hard to do manually. The 2025 Form 1099-DA reports only gross proceeds, not cost basis, which means filing straight from the form usually overstates your gain.

CoinLedger imports your full transaction history from both Binance.com and Binance.US automatically, calculates cost basis, and generates the forms you need for the IRS. Trusted by 700,000+ investors with 4.6 stars and 1,200+ reviews on Trustpilot. Get started with CoinLedger.