Binance will begin blocking US customers from trading on the Binance.com website. In attempt to become compliant with US law, they will be opening a new exchange which is designed for US customers. This exchange, named Binance.us, will be able to support US customers who are still interested in using Binance as their home exchange.

But, we know you have questions.

What is going to happen next?

What if I don’t want to use Binance.us?

What are the best crypto exchanges for trading now?

Does this mark the end of Binance?

Don’t worry, we will answer all of these questions and more as we dig into everything that is going on with Binance.

Binance.us

Binance.us is going to be the partner exchange to the Binance.com exchange. One thing that should be made clear so there is no confusion, Binance.us will not be operated by Binance.

Binance.us is going to be operated by BAM Trading Services. This company will license technology from Binance in order to build the exchange.

The idea of another company operating the Binance.us exchange is certainly a concern which raises more questions than it answers. Besides the Binance branding, it’s difficult to say if the exchange will have the same level of security, stellar reputation, and customer-centric operating principles.

Unfortunately, the confusion that is Huobi / HBUS / Huobi Global / Huobi Pro has left a bad taste in some investors’ mouths. Raising the concern that a few small missteps and we could end up with a similar nightmarish situation.

Supported Cryptocurrencies

With the announcement of Binance.us, many cryptocurrency traders and investors questioned which assets would be available to US customers. The Binance team has not released any hard details on the cryptocurrencies that will be listed at launch, but they did provide some assets they are considering.

These assets were the following.