Low trading fees. Deep liquidity on available pairs.
Regulatory uncertainty. Parent company controversies.
Custody feature data not yet available.
1 independent party or system must fail before a Binance US holder's bitcoin is at risk.
Binance US's custody insurance is not publicly disclosed.
Binance US uses a single custodian model and scores 48/100 in our independent review, including 20/100 on custody security. One institution can move funds, which is a single point of failure. Safety depends on your priorities; see the full score breakdown above.
Binance US's custody insurance is not publicly disclosed in a form we can verify. Where it exists, custody insurance covers specific named events up to shared limits and does not cover price loss. Confirm coverage in writing before relying on it.
Because Binance US holds custody through a single institution, recovery in a failure would run through that institution's bankruptcy or resolution process and depends on whether assets were segregated and properly titled. This is the concentration risk of single-custodian models.
Binance US does not advertise a dedicated inheritance or beneficiary feature in the data we track. Confirm current options with the provider, since custody inheritance handling changes.