Binance.US, a leading cryptocurrency exchange in the U.S., has officially restored USD deposit and withdrawal services. Customers can now seamlessly transfer funds using bank transfers (ACH) with zero fees. This marks a major milestone for the platform, which had been operating as a crypto-only exchange since July 2023.

A New Era for Binance.US

The return of fiat services brings relief to Binance.US users, allowing them to easily fund their accounts and withdraw cash. The company has ensured a smooth rollout, gradually enabling access for all eligible customers over the coming days.

Norman Reed, Interim CEO of Binance.US, expressed his excitement about this development:

“We have been looking forward to the day that we would be able to offer full USD services again. Today’s news would not be possible without the incredible work of our team and the unwavering support of our customers.”

Enhanced User Experience with Zero Fees

With fiat services back, Binance.US aims to provide a seamless and cost-effective trading experience. The reintroduction of USD services includes:

• Zero-fee deposits and withdrawals via bank transfer (ACH)
• Access to over 160 cryptocurrencies for trading, converting, and staking
• Enhanced liquidity for users looking to buy or sell assets conveniently

Christopher Blodgett, Chief Operating Officer of Binance.US, emphasized the importance of user experience:

“Restoring USD services ensures customers have a seamless on- and off-ramp experience without compromising the features they value.”

Compliance and Security at the Core

As a licensed and regulated crypto exchange in the U.S., Binance.US continues to focus on compliance and security. Dan Wong, General Counsel, reassured customers:

“The relaunch of USD services gives customers a safe, reliable, and convenient way to transfer funds and access crypto.”

Since its launch in 2019, Binance.US has become a trusted platform, offering unique features like 0% BTC trading fees on select pairs and competitive staking rewards for over 20 assets.

What This Means for Crypto Traders

The return of USD deposits and withdrawals is a positive sign for Binance.US and the broader crypto industry. Users can now:

• Deposit and withdraw fiat instantly with no processing fees
• Enjoy uninterrupted access to trading and staking opportunities
• Benefit from improved liquidity and market efficiency

As Binance.US regains momentum in 2024, this update reinforces its commitment to offering a secure, compliant, and user-friendly crypto experience.