Binance.US has officially announced the return of USD services on its platform as of February 19, 2025. This move is expected to be a significant step toward restoring normal operations for users in the U.S. who have faced interruptions in their ability to deposit and withdraw USD through the exchange. The feature will gradually roll out to all eligible Binance.US customers in the coming days, allowing them to link their bank accounts to the platform and enable seamless USD deposits and withdrawals via bank transfer (ACH).
According to the firm’s report, with the return of USD services, Binance.US users will enjoy several essential features that enhance their trading experience. These include the ability to deposit and withdraw USD by linking a bank account, buy crypto through bank transfers, and trade on various USD trading pairs. These services aim to make engaging with cryptocurrencies more accessible and efficient for users across the U.S.
USD Services Available on Binance.US
The newly restored USD services provide a broad range of options for Binance.US users to manage their funds. One of the primary features includes the ability to deposit and withdraw USD easily. By linking a bank account to the platform, users can quickly transfer funds into their Binance.US account with zero fees, making it a cost-effective way to fund their crypto endeavors.
In addition to depositing and withdrawing funds, Binance.US customers can also buy and sell crypto in USD. The platform supports bank transfers (ACH) as a payment method, allowing users to complete their purchases seamlessly. Whether it’s for investing or trading, users can now engage with crypto markets using U.S. dollars directly.
The service also offers the option to convert between crypto and USD, with users able to exchange their holdings for USD and vice versa instantly. This feature enhances flexibility for those looking to take advantage of market fluctuations and manage their portfolio efficiently.
Binance.US has also restored access to a range of USD trading pairs, including major cryptocurrencies like Bitcoin (BTC/USD), Ethereum (ETH/USD), and Dogecoin (DOGE/USD). With 10 USD pairs available at launch, the platform promises to expand this offering in the near future, providing users with even more trading options.
Moreover, the exchange has introduced the “Auto-Buy” feature, which enables users to set up recurring buy orders. These can be scheduled daily, weekly, bi-weekly, or monthly, making it easier for users to automate their purchases and build their cryptocurrency holdings over time.
Beyond the core services of depositing, withdrawing, and trading USD, Binance.US offers various other features to enhance the user experience. One of the highlights is the staking option, where users can earn crypto rewards by staking more than 20 Proof-of-Stake (PoS) cryptocurrencies, including popular options like Ethereum (ETH), Solana (SOL), Binance Coin (BNB), and Cardano (ADA).
For those with smaller balances, Binance.US has introduced a crypto dust conversion feature, allowing users to convert small balances of less than $20 into popular cryptocurrencies like BNB, BTC, ETH, or USDT. This feature helps users consolidate their balances into more manageable amounts, improving the overall usability of their accounts.
The platform also allows users to claim a crypto domain, which can be used to send, request, and receive crypto directly to a Binance.US wallet. This feature enables a more personalized experience, making transactions easier and more streamlined. For users looking to place large orders, Binance.US offers Over-the-Counter (OTC) trading services, allowing trades up to $10,000 through its OTC trading portal. This service caters to high-volume traders who require more privacy and better execution of large orders.
Additionally, users can explore Binance.US’s API services, which enable them to automate their trading strategies and access a more sophisticated trading experience. The platform also offers institutional services for market makers, trading firms, asset managers, hedge funds, and other eligible businesses looking to participate in the cryptocurrency market on a larger scale.
