Trading on Binance.com in the US has become a little more difficult than it used to be. Binance.com no longer services US customers due to several reasons we won’t go into during this article. What we will do, is show you how to connect to Binance.com from a location in the US without losing access to your wallet.
To start trading on Binance.com in the US, you will need two items ready to go beforehand.
- Cryptocurrency ready to be transferred to your Binance.com account
- A VPN that will allow you to connect from an appropriate country
Your existing crypto can come from just about anywhere, as long as you can create a transaction and send it to the address found within your Binance.com wallet. We’ll go into that more at a later time.
Not all VPNs are the same
When you choose your VPN, it is highly advised to avoid any that are offering free services. There’s a good chance that VPN is not as secure or consistent as the VPNs you will find from reputable providers. Our VPN of choice is ExpressVPN. They provide high-quality VPN connections from locations all over the world.
Create your Binance.com Account
Once you’ve gathered all your resources, activate your VPN in a location that is supported by Binance.com. We regularly use the UK locations, as they have been consistent in bandwidth and connectivity.
Navigate to Binance.com and select “Register”
Fill out the appropriate information, supplying an email address and password. It is recommended to avoid supplying a phone number or any other identifying information, as this may trigger Binance.com to restrict your ability to access your wallets. However, two-factor authentication through Google Authenticate is a good idea to add an additional layer of protection.
Transfer your crypto to Binance.com
Now that you have an active account, navigate to your “Fiat and Spot” wallet. This will be the only wallet that will allow for transferring any currency in or out of your Binance.com account.
Find the appropriate wallet for the currency you wish to transfer and ensure you read all of the information presented on the screen. Some currencies require specific pieces of information for the transaction to be successful. If you miss these instructions, there’s a good chance your crypto will be lost forever.
Note: We’ll put some links here for some of the more popular coins and how to transfer them properly in the near future.
Time to Trade
You have an account. You’ve funded your wallet. Now it’s time to trade. Binance.com has several platforms to choose from, like Spot, Margin, and Futures. Take care to understand what and where you are trading, and manage your risk accordingly. Crypto trading is very volatile and losing an entire account is something that does happen. Make sure the money you play with is money you can afford to lose.