About Binance

Binance is the world's largest cryptocurrency exchange by trading volume. It offers a massive selection of cryptocurrencies and advanced trading features. It allows users to buy, sell, trade, stake, and earn interest on their crypto assets.

Frequently Asked Questions

1. Is Binance available in the US?

The global Binance.com site is not available in the US. US residents must use 'Binance.US', which is a separate, more regulated platform with fewer coins.

2. What are the fees?

Binance is known for low fees, typically starting at 0.1% per trade. Fees can be reduced further by holding their native token (BNB).

3. What is Binance P2P?

This is a peer-to-peer marketplace where you can buy and sell crypto directly with other users using local payment methods like bank transfer or cash app, with Binance acting as escrow.

4. Is it safe?

Binance has a 'SAFU' fund (Secure Asset Fund for Users) designed to cover user losses in extreme cases. However, like all exchanges, it is recommended to move large amounts to a private wallet.

5. Can I earn passive income?

Yes. 'Binance Earn' allows you to stake coins or provide liquidity to earn annual interest rates (APY) ranging from 1% to over 10% depending on the asset.

Binance