|Headquarters||San Francisco, California|
|Key People||Brian Brooks, CEO; Manny Alvarez, Chief Administrative Officer; Changpeng Zhao, Founder|
|Employees||101 - 250|
|Products||Cryptocurrency trading platform|
Binance.US, an affiliate of Binance, one of the largest cryptocurrency trading platforms in the world, is a U.S. based cryptocurrency trading platform. Binance.US launched trading with 13 fiat- and cryptocurrency-to-cryptocurrency pairs of BTC, ETH, XRP, BCH, LTC, BNB and USDT on September 24, 2019.
In a June 14, 2019, announcement, Binance said that as of September it would no longer provide services to U.S. business or retail customers. Earlier, Binance had revealed in a blog post that it had partnered with BAM Trading Services to launch a U.S. dedicated service, Binance.US. The post said that Binance was licensing its trading platform as well as its wallet technologies to BAM. BAM received a FinCEN registration on June 11 according to Binance.
According to CryptoCompare, an online data aggregator, Binance US was the 34h largest cryptocurrency trading platform in the world by trading volume for the 24 preceding hours on April 2, 2020.
Brian Brooks, who was acting head of the Office of the Comptroller of the Currency under the Trump Administration for about eight months in 2020, was named CEO of Binance.US in April 2021. Brooks had earlier been chief legal officer at Coinbase. The trading platform added Manny Alvarez, a former commissioner at the California Department of Financial Protection and Innovation (DFPI), as its new chief administrative officer in July 2021.
- Binance.US Trading Begins in 24 Hours For BTC, ETH, XRP, BCH, LTC, BNB and USDT. Binance.US.
- Binance to Stop Serving US Traders Following Announcement of US-Dedicated Platform. CoinTelegraph.
- Binance Announces Partnership with BAM to Launch US Exchange. Binance.
- Exchanges. CryptoCompare.
- Coinbase exits trade group following entry of upstart rival Binance.US. The Block.
- Cryptocurrency Giant Binance.US Hires Former Top Bank Regulator. Wall Street Journal.
- Binance.US Hires Former California Regulator Manny Alvarez. CoinDesk.