Is Binance.US safe?

Binance.US holds all user assets in 1:1 full reserve and stores the majority of cryptocurrency in offline, U.S.-based cold storage.

Full reserves mean that for every dollar or cryptocurrency balance in your account, there is an equal amount of that same asset held in custody. Binance.US never lends or trades your funds without your permission.

Offline cold storage keeps user crypto disconnected from the internet, limiting vulnerability to remote attackers.

Binance.US protects every account with required 2FA, real-time activity monitoring, and withdrawal address whitelisting.

All users must enable 2FA, which adds an extra verification step beyond your password.

The exchange monitors withdrawals, deposits, and account changes in real time. If the system detects suspicious activity, Binance.US suspends withdrawals for up to 120 hours.

Users can limit withdrawals to a list of approved addresses they control, so any other address is blocked.

Binance.US registers with FinCEN as a Money Services Business at the federal level and has 32 active money transmitter licenses at the state level.

As a FinCEN-registered Money Services Business, Binance.US actively maintains anti-money laundering policies and controls in compliance with the Bank Secrecy Act.

Getting a money transmitter license means passing strict checks on internal controls, security, compliance, and risk programs. You can see the full list of licenses for each state on our licenses page.

Binance.US completed a SOC 2 Type II audit and holds ISO 27001:2022 and ISO 27701:2019 certifications, all issued by independent auditors.

SOC 2 Type II is a voluntary audit that examines security controls over an extended period of time. An independent auditor verified that Binance.US meets strict requirements for security, confidentiality, processing integrity, availability, and privacy of customer data. Read the SOC 2 Type II announcement[5].

The ISO certifications cover information security (27001:2022) and data privacy (27701:2019).