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Can I use Binance if I live in Texas?

Posted on November 26, 2020 by Author

Table of Contents

  • 1 Can I use Binance if I live in Texas?
  • 2 Can you trade crypto in Texas?
  • 3 Is Coinbase available in Texas?
  • 4 Is Binance more dangerous than other cryptocurrency exchanges?

Can I use Binance if I live in Texas?

As of March 2021, Binance is not available to any customers living in Texas. Due to US regulations, Binance US is more strict about handling KYC and AML of new customers. Binance.US is not also available in Connecticut, Hawaii, Idaho, Louisiana, New York or Vermont.

Can I use Binance in the USA?

Users in over 180 countries can trade on Binance, but only 43 states can use Binance.US, excluding Connecticut, Hawaii, New York, Texas, Vermont, Idaho, and Louisiana.

What states can you use Binance us?

Binance.US accounts are available to users in the U.S. in all states except Connecticut, Hawaii, Idaho, Louisiana, New York, Texas, and Vermont. If you don’t live in the U.S., you can use its general platform.

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Can you trade crypto in Texas?

Not currently available in all U.S. states, including Texas and New York. Newcomers to crypto may want more educational tutorials.

What states can use Binance?

How do I convert Binance to Binance USA?

Open your wallet in Binance exchange, select Binance coin (BNB), and click withdraw. Transfer Your Funds from Binance to Binance US. Once that’s done, select the network you want to transfer from (Ethereum) and the network you want to transfer to (BSC).

Is Coinbase available in Texas?

Coinbase, Inc. is licensed in the following US jurisdictions

Jurisdiction License
Texas License Number 3121 View Disclosure
Vermont Money Transmitter, 100-076
Virginia Money Transmitter License, MO-306 View Disclosure
Washington Money Transmitter License, 550-MT-90174 View Disclosure

What states can use Binance us?

Is Binance banned in the US?

In 2019, Binance was banned in the United States on regulatory grounds. In response, Binance and other investors opened Binance.US a separate exchange registered with the United States Financial Crime Enforcement Network which was designed to comply with all US laws.

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Is Binance more dangerous than other cryptocurrency exchanges?

Chainalysis.Inc a blockchain forensics firm whose clients include U.S. federal agencies, concluded last year that among transactions that it examined, more funds tied to criminal activity flowed through Binance than any other crypto exchange. Is it safe to keep my cryptocurrencies in Binance’s (exchange platform) wallet?

What is the difference between Binance and Binance US?

Binance launched a US-based platform called Binance US a year ago. Despite having the same name, those are two separate platforms with different requirements and features. If you are a US-based user, you can only trade on the US version. You’ll also want to keep track of your crypto portfolio and have a record of your transactions for taxes.

Is Binance under investigation by the Justice Department?

In May 2021 Bloomberg reported that Binance holding Ltd. is under investigation by the Justice Department and Internal Revenue Service, ensnaring the world’s biggest cryptocurrency exchange in U.S. efforts to root out the illicit activity that’s thrived in the red-hot but mostly unregulated market.

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