Key Points
- Binance.US resumes USD services as of February 19, with the feature gradually rolling out to all eligible users.
- The exchange suspended USD deposits in 2023, after being sued by the SEC.
Binance.US support just delivered great news for customers in the US – the exchange’s services are back as of today, February 19, and the feature will gradually roll out to all eligible customers in the following days.
In other words, all eligible users can perform the following actions:
- Deposit and withdraw USD by linking a bank account
- Buy crypto via bank transfers (ACH)
- Enjoy trading on USD pairs
List of Binance.US USD Services
In the official announcement, Binance.US support revealed the list of available USD services as follows:
1. Deposit and Withdraw USD
Users have to link a bank account to transfer cash to Binance.US without fees.
2. Buy and Sell Crypto with USD
Users can complete their purchases using bank transfers (ACH).
3. Convert Between Crypto and USD
Users will be able to instantly convert between USD and crypto.
4. Trade USD Pairs
Binance.US revealed that at launch, the exchange is restoring access to the following 10 USD trading pairs with more following:
- BTC/USD
- XLM/USD
- DOGE/USD
- SOL/USD
- ETH/USD
- ADA/USD
- HBAR/USD
- SHIB/USD
- SUI/USD
- BNB/USD
5. Set Recurring Buys
Users can schedule buy crypto orders on a daily, weekly, bi-monthly, or monthly basis via the Auto-Buy feature.
Binance.US revealed more features for users to explore.
Other Features to Explore
- Staking Crypto – Users can earn crypto rewards on over 20 PoS cryptos including ETH, SOL, BNB, and ADA.
- Converting Crypto Dust – Users can convert small balances under $20 to BNB, BTC, ETH, and USDT.
- Claiming a Crypto Domain – Users can create a customer domain name that they can use to send, request, and receive crypto directly to their Binance.US wallet.
- Placing OTC Trades – Users can explore the exchange’s API to automate trading.
- Accessing Binance.US Institutional Services – Users can also apply for an institutional account if they are eligible businesses such as a market maker, trading firm, asset manager, hedge fund, family office, venture capital firm, and others.
Binance.US Restored Services Following 2023 Halt
Binance.US is restoring its services for the first time since June 2023 when the US SEC sued the crypto exchange. Following a period of restrictions, the US-based affiliate of global crypto exchange Binance resumed operations.
Binance.US teased the news yesterday via X:
Earlier today, we revealed that Binance was analyzing its US operation plans amidst a crypto reset under the new regime.
Meanwhile, interested users outside of the US who want to enjoy Binance’s services can embark on the crypto journey by creating an account on the global exchange.
Recently, Binance surpassed 260 million registered users, another important milestone following a successful 2024.
