How to Access Binance com While in the US 2024 Guide
This means you won’t experience any delays when crypto trading or miss an important update. In order to access Binance.com in the US, you’ll need to use a VPN. A VPN changes your IP address by allowing you to connect to one of its servers located in a country where Binance.com is available. When connected to that server, the VPN gives you an IP address that matches its location. This way, when you access Binance.com, it appears as if you’re doing so from that location — and not the US. If the VPN connection drops for any reason, a kill switch instantaneously blocks your internet connection.
Lastly, free VPNs usually have small server networks and very slow speeds. This means you can run into overcrowded servers and experience slowdowns while trading. Additionally, some free VPNs make money by collecting and selling your data to third-party advertisers — so they aren’t good options for protecting your trading history and financial data. If you reside in the US, Binance’s terms of use specify that you can only create an account on Binance.us.
Even though the VPNs I listed can completely mask your real location, I still recommend proceeding with caution. To register on Binance.com while residing in the United States, it is imperative to possess an identification document issued by a country where the platform operates. Plus, a VPN provides strong security that protects you and your crypto wallet from cyber-attacks and tracking.
Contact your VPN’s customer support
However, you can get CyberGhost for just $2.19/month with its yearly plan. You also get a generous 45-day guarantee with long-term options, so you have plenty of time to decide if it’s right for you. There’s a simple solution though — you can easily access Binance.com in full from the US with a VPN. A VPN is an app that hides your actual IP address and replaces it with one from another country. For example, if you connect to an EU server, Binance will think you’re actually there and grant you full access. Use the stop-limit order feature when the price you’re willing to pay or receive falls within a certain range.
Binance exchange was founded by Changpeng Zhao and Yi He in 2017 and has grown to occupy a central role in the cryptocurrency ecosystem. The US version of Binance is rather limited, and it isn’t available in all US states. Due to government regulations, this is the only version of Binance that US residents can use. In addition, the full version of Binance prohibits US residents from creating an account. By using a VPN, you can access both versions of Binance from anywhere in the US.
Traders employing high-frequency trading or scalping strategies will need a VPN provider that uses the fastest protocols to ensure they stay on top of the markets. Slow protocols would cause losses to your trading portfolio, so consider the speed of the chosen VPN system. For individuals with full verification by submitting their government-issued documents, there is a withdrawal limit of 100 BTC every 24 hours. While this figure may be regarded as too little, US residents can transfer their assets to an exchange operating in the US for greater withdrawal latitude.
A single payment will cover 7 devices simultaneously, with Windows, Apple, Android, and a wide range of other platforms being supported by the device. ExpressVPN is another highly rated VPN for users wanting to access the Binance exchange from the US. It offers a state-of-the-art kill switch for users to trade with confidence and 3,000 servers globally.
- Please make sure you follow your country’s laws when interacting with Binance.
- For example, if you connect to an EU server, Binance will think you’re actually there and grant you full access.
- Use the stop-limit order feature when the price you’re willing to pay or receive falls within a certain range.
Once the trade is executed, the trading fees will be deducted as well. A step-by-step guide for users trying to access Binance services from the US using a VPN. As stated above, you must select a VPN that meets all the requirements necessary to guarantee https://www.coinbreakingnews.info/ success. Instead of using phone numbers as a 2FA method, US residents are advised to use Google Authenticator as a way around the debacle. Without enabling 2FA, you’ll be restricted from using specific options of the Binance crypto exchange.
Verify your account
A VPN hides your real IP address and location behind an IP address belonging to your provider in the country you connect to. This way, when you access Binance.com, it seems like you’re located elsewhere. You must verify your identity on Binance.com before you can use its features.
It can also be useful if you want to use technical analysis and place an order based on asset resistance levels. It’s great that CyberGhost provides strong protection for cryptocurrency trading. It protects against DNS and IPv6 leaks (it disables all IPv6 traffic automatically) and uses both perfect forward secrecy and RAM-only servers. Plus, PIA offers dedicated IP addresses, which are static IP addresses that you don’t share with other people.
As a result of regulations, Binance.com stopped accepting US residents in 2019. You can try PIA risk-free as it’s backed by a 30-day money-back guarantee. Binance doesn’t explicitly mention whether it permits VPN use, but it implies that using software that interferes with its usual operations might result in account suspension. Additionally, Binance’s terms of https://www.cryptominer.services/ use state that US residents can only create an account on the US-specific app, so you should proceed with caution. Use the limit order feature when you’re not in a rush to buy or sell. For example, if the current price of BTC is $17,500 and you place a market order to buy $175 USD worth of BTC at the market price, you will receive 0.01 BTC ($175 / $17,500).
How to Buy Crypto on Binance
There are 3 levels of verification with Binance; Verified, Verified Plus, and Enterprise Verification. Each level has its own deposit and withdrawal limits, which vary by country. You can obtain the first level quickly by connecting to a supported country with a VPN if you also have a government-issued ID from a non-US country where Binance is permitted. Private Internet Access (PIA) lets you tailor your VPN connection for Binance to your specific needs.
How To Use Binance In The US
A limit order is used to trade crypto at a specific price and does not execute unless the asset reaches the price you’ve specified. After you’ve purchased crypto or transferred it into your account, https://www.topbitcoinnews.org/ you’re ready to start trading. Before you can access the features that help you trade crypto, you may be required to provide a photo ID or video confirmation that you are indeed who you claim to be.
It has plenty of servers in countries where Binance is available. During my tests, I connected to its Montreal server and had no issues accessing the global version of Binance. I also tested its servers in Mexico, Spain, and Switzerland, and they all worked well. Due to regulatory issues, Binance stopped offering services to US users in 2019. You only get around 150 cryptocurrency options compared to 350+ in the global version, and it’s not even available in all US states. However, the US version of Binance is heavily restricted compared to Binance.com.
The best way for US residents to access Binance is through virtual private networks (VPNs). A VPN is software that protects your internet connection and privacy online. At its core, VPNs mask the online identity of users to prevent intermediaries from stealing your data.