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Topic: Are USA traders saying sayonara to Binance? (The Exodus Is Here?) - page 5. (Read 4704 times)

legendary
Activity: 1806
Merit: 1521
Kraken sucks, Coinbase banned me, never heard of Okex or Houbi, and Bittrex requires KYC.  Out of that list, the only exchange I currently use is Poloniex, and they don't even offer some of the coins I'm accumulating currently.  I have to use crazy instant exchanges like Flyp.me for PIVX and Yobit for a couple others.

What's wrong with Kraken? I was thinking about opening an account there for margin trading.

Huobi was one of the big 3 Chinese exchanges before the government forced them out. It looks like they allow unverified accounts to withdraw ~ $1,000 equivalent per day. They don't allow US residents on their main exchange (Huobi Global) but a VPN might do.

I'm pretty sure Okex requires KYC now, and they don't allow US traders.

But hey, Binance is changing itself to accomodate US customers, so all is not lost here.  It'll probably end up being a bit different, but we'll see.  I'm just hoping they still offer all the same coins--NEO and PIVX especially.

Full KYC and dozens (if not hundreds) less coins. No access to anything resembling securities. I hope it doesn't look like Binance Jersey, their UK/EU offering that only lists a few coins. It might.

I hope their main site goes easy on VPN usage. Smiley
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!

Is Binance not allowing new customers to sign up in the USA?  For real?

Yes, I get the following error when I try to sign up for Binance from an IP in the United States:

Quote
Persons that are located in or a resident of the United States of America will be unable to create an account at Binance.com.

You could always just use a VPN to sign up if you really want to use the site and trade on it (working for me at the moment), though I know there are people against doing this for various reasons. I assume Binance is going to require KYC when the US-friendly version of the site launches as well, considering there's no exchanges out there I know of that allow US traders to trade without completing KYC.
member
Activity: 210
Merit: 13
Coinbase banned me

Any particular reason why Coinbase banned you? Did they still allow you to send your money or coin out of there?

Is Binance not allowing new customers to sign up in the USA?  For real?
legendary
Activity: 3458
Merit: 6948
Top Crypto Casino
Bittrex, Okex, Houbi, Kraken, Coinbase, Poloniex
Kraken sucks, Coinbase banned me, never heard of Okex or Houbi, and Bittrex requires KYC.  Out of that list, the only exchange I currently use is Poloniex, and they don't even offer some of the coins I'm accumulating currently.  I have to use crazy instant exchanges like Flyp.me for PIVX and Yobit for a couple others.

But hey, Binance is changing itself to accomodate US customers, so all is not lost here.  It'll probably end up being a bit different, but we'll see.  I'm just hoping they still offer all the same coins--NEO and PIVX especially.

I checked Binance and since I am in America they will not open an account.
Right, not currently.  They're in the process of implementing something for their US clientele, and my guess is that the reason for it is governmental regulation compliance--but I really don't know the reason.
newbie
Activity: 41
Merit: 0
I checked Binance and since I am in America they will not open an account.
legendary
Activity: 1806
Merit: 1521
Yes? no? maybe so?

I'm still using it. We have until September (before we have to start using VPN) so what's the rush?

If yes, what exchange are you going to use next?
If no, what are your reasons for staying?
If undecided, what are you waiting for?

Kucoin is the next obvious choice for altcoins and stablecoin hedging without KYC. It's nothing compared to Binance but but it allows US traders and has the same withdrawal limits.

Kraken for leveraged trading, Coinbase Pro for regular spot trading.
member
Activity: 210
Merit: 13
Bittrex, Okex, Houbi, Kraken, Coinbase, Poloniex

What is everybody waiting for?  Biding their time?


Binance is outsourcing their project because the crypto-banking world is getting a little too big for their britches?
legendary
Activity: 3136
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
They have until September, they still have a lot of time until September.

Binance to Open US-Based Division With FinCEN Approved Partner

and as @yangongear said , they have other options like: Kraken, Coinbase and  Poloniex
full member
Activity: 447
Merit: 100
Yes? no? maybe so?

If yes, what exchange are you going to use next?
If no, what are your reasons for staying?
If undecided, what are you waiting for?
Currently, according to statistics, the biggest traffic to Binance is still from the US (14.1% according to similarweb). I think US users will still find a way to use Binance, because this is the best exchange with high volume and low commission fee. If undecided, I think Bittrex, Okex and Houbi is another option.
member
Activity: 210
Merit: 13
Yes? no? maybe so?

If yes, what exchange are you going to use next?
If no, what are your reasons for staying?
If undecided, what are you waiting for?
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