Binance.US security features: what protects your account
Binance.US offers two-factor authentication, anti-phishing codes and withdrawal allowlists, while most customer crypto sits in cold storage.
Vahe HakobyanEditor-in-chief
Updated Oct 6, 20263 min readFact-checked
On this page
- Device management lets you review and remove signed-in devices.
- Crypto on the exchange is not FDIC insured.
- Backup codes get you back in if you lose your 2FA device.
The security features you control on Binance.US cover your login and your withdrawals. Each protection has a limit.
How do I set up account security?
You turn these on in your account settings. Choose an authenticator app or text messages for two-factor authentication, then save the backup codes. An anti-phishing code is a word you choose that appears in real messages from the exchange. Device management shows where your account is signed in.
How are customer funds stored?
Binance.US holds most customer crypto in cold storage, with hot wallets for daily operations. Cold storage keeps private keys offline, which makes remote theft harder. USD balances may sit at US banks. Crypto on the exchange is not FDIC insured and is not a bank deposit.
How is Binance.US different from global Binance?
Binance.US is a separate company from the global Binance platform and serves US customers. It is registered with FinCEN as a money services business and holds state licenses. It follows US know-your-customer and anti-money-laundering rules.
Frequently asked questions
Use your saved backup codes, then reset two-factor authentication in your settings. Without them, contact support.
Generally no. Its terms usually limit liability for unauthorized access, so report it to support.
Its two-factor options have centered on apps and text messages rather than hardware keys.
Like other US financial institutions, it must answer valid legal requests such as subpoenas or court orders.
