How does Binance work?

Binance.US makes it easy to buy crypto, bitcoin, ethereum, altcoins, and more. You can choose from a wide selection of the most popular cryptocurrencies and buy, trade, convert, and stake crypto with low fees. Once you’ve created and funded a Binance.US account, you’re just seconds away from making your first crypto purchase. 1.

Why did the SEC Sue Binance & Coinbase?

As regulators push to treat digital asset exchanges like more traditional financial firms, the S.E.C. sued Binance and Coinbase, two of the biggest players in the crypto industry, over their business practices.

What does Binance's announcement mean for customers?

Here’s what the announcement means for customers. One of the main roles of a crypto exchange is to act as a portal: A customer can log on, and convert dollars into cryptocurrencies like Bitcoin or Ether. Binance.US will no longer offer that service, at least for a while, according to its announcement.

What happened to Binance?

Benoit Tessier/Reuters David Yaffe-Bellany, based in San Francisco, writes about the crypto industry. Just days after the Securities and Exchange Commission sued it, the American arm of Binance, the giant cryptocurrency exchange, announced some painful news: It will no longer allow customers to trade on its platform using U.S. dollars.