Don’t Get Banned by Binance: How to Switch from Binance to Binance US

 Binance has launched a US-based platform and is starting to block US users from using binance.com. If you are a US-based user, you will want to switch from using binance.com to binance.us. You'll also want to keep track of your crypto portfolio and have a record of your transactions for taxes. See below for step-by-step instructions on how to get this all done in 15 minutes.

Open Your Binance US Account

1. Visit binance.us and click Sign Up Now

2. Enter your email address, password, check the box and click Create account

3. Move the puzzle piece to its appropriate location to go to the next step

4. Binance US will send you a verification email to the email address provided. Click the confirmation link in the email and login again

5. Click Deposit to start moving funds from your binance.com account to binance.us account

6. You will have to provide verification before Binance US allows you to deposit and withdraw funds. Click Basic Verification to proceed

Note: If you are a resident of Alabama, Alaska, Connecticut, Florida, Georgia, Hawaii, Idaho, Louisiana, New York, North Carolina, Texas, Vermont, or Washington, you will not be able to use a Binance.us account (as of the publication date of this post). If this is the case, we recommend transferring your funds from binance.com to another wallet of your choosing.

7. Fill out the basic verification data sheet and press Submit

8. After successful verification of your identity, your binance.us account should be ready to use. When you first log in to your account, you will be asked to setup two factor authentication. We recommend using Google Authenticator or 1Password to increase the security of your account

9. Once you go through the above steps, you will finally be able to access your Binance US dashboard!

Transfer Your Funds from Binance to Binance US

1. Login to www.binance.com account

2. Navigate to wallets

3. Select Withdraw

4. For each coin you have on binance.com, copy your corresponding binance.us’ wallet deposit address. For example for BTC, go to https://www.binance.us/en/usercenter/wallet/deposit/BTC

5. And paste the address on binance.com for the BTC withdrawal:

6. Complete withdrawal

7. Repeat for each coin you have on binance.com

Sync with CoinTracker to Keep Track of Your Portfolio

1. Generate an API key for Binance US and Binance (if you haven’t already) to track your portfolio and your crypto taxes on CoinTracker

2. On Binance US navigate to new API page

3. Label the new API key CoinTracker

4. Enter your 2FA code (if applicable)

5. Verify new API key creation via email

6. Copy API Key, Secret to CoinTracker (leave default restrictions: API restrictions to Read Only and IP access restrictions to Unrestricted)

These steps will enable you to successfully transfer funds from binance.com to binance.us so that you can continue to seamlessly use Binance to trade cryptocurrency without your account being frozen. You will also be able to seamlessly track your portfolio and calculate your cryptocurrency taxes with CoinTracker.

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Location: United States

Comments

  1. Crypto Wallet SupportSeptember 16, 2021 at 3:24 AM

    Excellent information provided by you through this post. I follow all the mentioned information. Binance is an online exchange where users can trade crypto currencies. Binance provides a crypto wallet for traders to store their electronic funds. Nowadays, Investors eagerly wants to invest in crypto. But for this, a user must know how to deposit and how to withdraw money from binance. if you find any difficulty to understand this concept then do not worry about anything we are here to help you. You can visit us at: cryptowalletsupport.com.

    ReplyDelete

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