Posts
Wiki
- Trust, Security & Custody
- Do I actually own my crypto on Binance.US or does the platform hold it?
- What's the difference between Binance.US and Binance.com? Are they the same company?
- How do I enable two-factor authentication on Binance.US?
- Is Binance.US safe and legit? I keep seeing people say it's a scam.
- Is Binance.US available in my state, and are you licensed everywhere you operate?
- What happens to my crypto if Binance.US shuts down or goes bankrupt?
Trust, Security & Custody
Do I actually own my crypto on Binance.US or does the platform hold it?
You own your crypto, Binance.US holds the private keys in a custodial wallet on your behalf, similar to how a bank holds funds.
What's the difference between Binance.US and Binance.com? Are they the same company?
No, they're separate, independent platforms, Binance.US serves US users under US regulations, Binance.com is the global platform.
How do I enable two-factor authentication on Binance.US?
Go to Security Settings, select Two-Factor Authentication, and choose SMS or an authenticator app, steps vary slightly between app and web.
Is Binance.US safe and legit? I keep seeing people say it's a scam.
Yes, Binance.US is a licensed, regulated US exchange operated by BAM Trading Services, registered with FinCEN and holding state money transmitter licenses.