How to Buy Binance Coin

Buying binance coin in United States

Buying binance coin in United StatesThe United States is progressively regulating the crypto sphere. However, there seems to be some split in approach to cryptocurrency. On one hand, some states continue to pass laws which aim to stimulate the economy, attract investment, or encourage tech development, while others have either passed restrictive crypto asset and investment regulations, or have suggested to do so. The state of New York, for example, requires companies to acquire "BitLicenses" in order to operate virtual currency businesses, and even issued a "greenlist" of accepted virtual currencies. On a federal level, there is a large amount of crypto regulation from various bodies, meaning lots of overlapping jurisdictions and different opinions on crypto. Although U.S. crypto banking seems undeveloped, it is making slow progress. A large crypto exchange, Kraken, stated that it became the first U.S. digital asset company with a bank charter, recognized under both federal and state law, in 2020.
As of 20/03/2021

Binance Coin (BNB) Key Data
Price $
411.1261
24hr %
-0.32%
Mkt Cap $
63,103.82b
24hr High
419.0000
24hr Low
402.8000
A multi-utility asset, linked to the diverse activities of the Binance Exchange. A token to pay trading fees, as well as participate in new asset sales, BNB now runs on a proprietary blockchain.
Binance Coin on WebsiteBinance Coin on TwitterBinance Coin on RedditBinance Coin on MediumBinance Coin on YoutubeBinance Coin on Telegram

Exchanges Info

These exchanges all accept customers from United States. While they broadly offer the same services and you can buy binance coin at all of them, there can be differences in transaction fees, security, verification requirements, deposit methods and features, as shown below

Open a eToro Account

67% of retail CFD accounts lose money. Cryptoassets are unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk. US Residents - eToro USA LLC does not offer CFDs, only real Crypto assets available.

eToro

eToro is a social trading platform that allows you to buy into cryptocurrencies, international stocks and shares and more complex financial assets. It also have an innovative Copy Trader feature where you can choose to follow other successful traders and automatically copy their trades to hopefully share in their success

Pros
  • Fully regulated financial institution
  • Trade crypto, stocks and other financial assets
  • Follow and copy the trades of expert traders
Cons
  • Fees (spreads) are high
  • Only USD as base currency
BrandBrand
CoinsCoins
SecuritySecurity
UsabilityUsability
AppApp
ServiceService