BAM Trading Services, Inc. d/b/a Binance.US (“BAM Trading” or "Binance.US") is a digital asset exchange that is regulated at both the state and federal level. On the federal level, Binance.US is registered as a Money Services Business with FinCEN. BAM Trading Services Inc. (NMLS ID # 1906829) is licensed in the following US jurisdictions:
Jurisdiction | License | State Agency |
Alabama | Money Transmission License, SC 814 | Alabama Securities Commission RSA Dexter Avenue Building 1-800-222-1253 |
Arizona | Money Transmitter License, 1009212 | Arizona Department of Insurance and Financial Institutions
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Arizona
If you have a complaint, please contact BAM Trading Services at 1-844-900-1450 or [email protected]. If you still have an unresolved complaint regarding BAM Trading Services’ money transmission activity, you may complete an Online Complaint Form as stated on the File a Complaint against a Financial Institution or Enterprise page.
AZ e-Licensing Portal for filing a complaint
AZDFI Consumer Complaint Portal: https://azdifi.portalus.thentiacloud.net/webs/portal/register/#/complaint AZ Financial Institutions Division: 602-771-2800 | Toll-free: 1-800-544-0708
Consumer Safety Notice Binance.US is committed to maintaining a safe and secure cryptocurrency platform. We remind you to be careful to avoid online scams or fraud. Never send crypto or money to persons you don’t know or accounts you cannot verify. Online scammers may pretend to be “investment managers”, celebrities, love interests, or take on other personas. They may promise free money or use other techniques to trick you into sending money or crypto. Assets that you send to such persons will be lost, and your personal details could be used by other scammers in the future. Remember, your transactions are final, and money or crypto may not be returned once the transaction is complete.
To learn more about common crypto scams and security risks, check out: https://blog.binance.us/crypto-security-risks/. |
Arkansas | Money Transmitter License, 119231 | Arkansas Securities Department
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Arkansas
If you have a complaint, please contact BAM Trading Services at 1-844-900-1450 or [email protected]. If you still have an unresolved complaint regarding BAM Trading Services’ money transmission activity, you may contact the Arkansas Securities Department by filing the completed complaint form by e-mailing to [email protected] or by mailing at:1 Commerce Way, Suite 402, Little Rock, Arkansas 72202. Telephone: 501-324-9260 or 1-800-981-4429. Facsimile: 501-324-9268.
For additional information please refer to the How To File A Complaint page for the Arkansas Security Department. |
Delaware | Check Seller, Money Transmitter License, 30095 | Delaware Office of the State Bank Commissioner
1110 Forrest Avenue Dover Dover, DE 19904 302-739-4235 |
District of Columbia | Money Transmission License, MTR1906829 | Department of Insurance, Securities, and Banking
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District of Columbia
If you have a complaint, please contact BAM Trading Services at 1-844-900-1450 or [email protected]. If you still have an unresolved complaint regarding BAM Trading Services’ money transmission activity, you may contact the Department at: District of Columbia Department of Insurance, Securities and Banking, 1050 First St., NE, Suite 801, Washington, DC 20002. Phone: 202-727-8000. Fax: 202-354-1085. E-mail: [email protected].
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Florida | Money Transmission License, FT230000290 | Florida Office of Financial Regulation
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Florida
If you have a complaint, please contact BAM Trading Services at 1-844-900-1450 or [email protected]. If you still have an unresolved complaint regarding BAM Trading Services’ money transmission activity, you may complete an online complaint form with the Florida Office of Financial Regulation at: Online: https://flofr.gov/sitePages/FileAComplaint.htm. To file your complaint, you will need to register electronically through Online Services. A valid email address is required. By Mail: Florida Office of Financial Regulation - Consumer Finance, 200 E. Gaines Street, Tallahassee, FL 32399-0376. Phone: 850-487-9687.
Please note the following disclosures associated with virtual currency: BY GRANTING BAM Trading Services A LICENSE, THE FLORIDA OFFICE OF FINANCIAL REGULATION IS NOT ENDORSING THE USE OF DIGITAL OR VIRTUAL CURRENCIES.
POTENTIAL USERS OF DIGITAL OR VIRTUAL CURRENCIES, INCLUDING BUT NOT LIMITED TO BITCOIN, SHOULD BE FOREWARNED OF A POSSIBLE FINANCIAL LOSS AT THE TIME THAT SUCH CURRENCIES ARE EXCHANGED FOR FIAT CURRENCY DUE TO AN UNFAVORABLE EXCHANGE RATE. A FAVORABLE EXCHANGE RATE AT THE TIME OF EXCHANGE CAN RESULT IN A TAX LIABILITY. PLEASE CONSULT YOUR TAX ADVISOR REGARDING ANY TAX CONSEQUENCES ASSOCIATED WITH YOUR HOLDING OR USE OF DIGITAL OR VIRTUAL |
Idaho | Money Transmitters License, MTL-306 | Idaho Department of Finance
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Illinois | Transmitter of Money License, MT.0000392 | Illinois Department of Financial and Professional Regulation
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Illinois
If you have a complaint, please contact BAM Trading Services at 1-844-900-1450 or [email protected]. If you still have an unresolved complaint regarding BAM Trading Services’ money transmission activity, please direct your complaint to the Illinois Department of Financial Institutions, Consumer Credit Section at https://idfpr.illinois.gov/dfi/dficomplaintform.html Division of Financial Institutions or Fill In and Print Complaint Form for Currency Exchange and title Insurance https://idfpr.illinois.gov/content/dam/soi/en/web/idfpr/admin/dfi/f1717dfichi.pdf, via telephone at 1-888-473-4858 (toll-free), or at the following address:Illinois Division of Financial Institutions, 320 West Washington Street, 3rd Floor, Springfield, IL 62786. |
Iowa | Money Services License, 2020-0087 | State of Iowa Division of Banking
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Kentucky | Money Transmitter License, SC723443 | Kentucky Department of Financial Institutions
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Kentucky BAM Trading Services Inc. is licensed by the Kentucky Department of Financial Institutions as a money transmitter, but such license does not cover virtual currency (bitcoin) activity |
Louisiana | Sale of Checks and Money Transmitters | Louisiana Office of Financial Institutions 8660 United Plaza Boulevard, 2nd Floor |
Louisiana
Please note the license issued to BAM Trading Services by the Louisiana Office of Financial Institutions does not cover the exchange or transmission of virtual currency. If you have a complaint, please contact BAM Trading Services’ at 1-844-900-1450 or [email protected]. If you still have an unresolved complaint regarding BAM Trading Services money transmission activity, you may file it by contacting the Office of Financial Institutions. All complaints must be submitted in writing. To file a complaint, please complete the complaint form and send it to the OFI (http://www.ofi.state.la.us/) by mail, email, or fax.
Please note the following disclosures associated with virtual currency:
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Maryland | Money Transmission License, 12-1906829 | Maryland Commissioner of Financial Regulation
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Maryland
If you have a complaint, please contact BAM Trading Services at 1-844-900-1450 or [email protected]. If you still have an unresolved complaint regarding BAM Trading Services’ money transmission activity, you may file it by contacting the Maryland Department of Labor. The Commissioner of Financial Regulation for the State of Maryland will accept all questions or complaints from Maryland residents regarding BAM Trading Services & License No.: 1906829 and NMLS ID No.: 1906829) via online form or by contacting the Commissioner's office at: Maryland Department of Labor, 1100 North Eutaw Street, Suite 611, Baltimore, MD 21201, Toll-Free Number 1-888-784-0136. Additional information about BAM Trading Services, Inc. may be obtained at www.nmlsconsumeraccess.org.
Please note that the license issued to BAM Trading Services by the Maryland Department of Labor, Licensing and Regulation does not cover the exchange or transmission of virtual currency. The Maryland Department of Labor, Licensing and Regulation does not currently license or regulate services related to virtual currency including but not limited to transmission or exchange which may be conducted by BAM Trading Services. |
Michigan | Money Transmitter License, MT0022936 | Michigan Department of Insurance and Financial Services
Lansing, MI 48933 |
Minnesota | Money Transmitter License, MT1906829 | Minnesota Department of Commerce
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Minnesota
If you have a complaint, please contact BAM Trading Services at 1-844-900-1450 or [email protected]. If you still have an unresolved complaint regarding BAM Trading Services’ money transmission activity, you may file it online through their online portal, by email at [email protected], by phone at 651-539-1600 or 1-800-657-3602 or Mail the form to: External Review Process Minnesota Department of Commerce, 85 7th Place East, St. Paul, MN 55101
Please note the following disclosures associated with virtual currency:
Please note the license issued to BAM Trading Services by the Minnesota Department of Commerce does not currently cover the exchange or transmission of virtual currency. Virtual currency is not legal tender in the United States, is not backed by the United States government, and accounts and value balances are not subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation protections. A transfer of fiat or virtual currency can be paid out to a recipient within a short time. After the currency is paid out, you may not be able to obtain a refund from BAM Trading, even if the transfer was the result of fraud, except under limited circumstances. |
Mississippi | Money Transmitter License, 1906829 | Mississippi Department of Banking and Consumer Finance
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Mississippi
The Mississippi Department of Banking & Consumer Finance recommends that you attempt to resolve your complaint with the financial institution first by contacting BAM Trading Services at 1-844-900-1450 or [email protected] to allow the opportunity to resolve the issue(s). If you still have an unresolved complaint regarding BAM Trading Services Inc. money transmission activity, you may file your complaint online at https://dbcf.ms.gov/complaint-form/. |
Missouri | Sales of Checks and Money Transmitter, MO-25-8764 | Missouri Division of Finance
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Nebraska | Money Transmitter License, 1906829 | Nebraska Department of Banking & Finance
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Nevada | Money Transmitter License, MT11161 | Nevada Financial Institutions Division 3300 W. Sahara Ave., Suite 250 |
Nevada
If you have a complaint, please contact BAM Trading Services at 1-844-900-1450 or [email protected]. If you still have an unresolved complaint regarding BAM Trading Services’ money transmission activity, you may contact the Nevada Department of Business and Industry, Division of Financial Institutions with questions or complaints regarding the money transmission services at 702-486-4120 or via mail at Nevada Financial Institutions Division 3300 W. Sahara Avenue, Suite 250, Las Vegas, Nevada, 89102. |
New Hampshire | Money Transmitter License, 1906829MT | New Hampshire Banking Department
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New Jersey | Money Transmitter License, L072139 | New Jersey Department of Banking and Insurance
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New Mexico | Money Transmitter License | New Mexico Financial Institutions
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Oklahoma | DOB Money Transmitter License, OK-DOB-001 | Oklahoma Banking Department
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Pennsylvania | Money Transmitter License, 80252 | Pennsylvania Department of Banking and Securities
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Puerto Rico | Money Transmitter License, TM-137 | La Oficina del Comisionado de Instituciones Financieras
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Rhode Island | Currency Transmitter License, 20224384CT | State of Rhode Island Department of Business Regulation
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Rhode Island
Please note the following disclosures associated with virtual currency:
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South Carolina | AG Money Transmitter License, 1906829 | Office of the Attorney General Money Services Division
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South Dakota | Money Transmitter License, 1906829.MT | South Dakota Department of Labor and Regulation Division of Banking
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Tennessee | Money Transmitter License, 1906829 | Tennessee Department of Financial Institutions
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Tennessee
BAM Trading Services Inc. is licensed by the Tennessee Department of Financial Institutions as a money transmitter. The Tennessee Department of Financial Institutions does not regulate virtual currency. Please note that this license and the required surety bond do not cover the transmission of virtual currency. However, any company that offers to exchange, administer, or maintain virtual currencies for sovereign currency may be subject to state regulation and licensing as well as federal regulation.
If you have a complaint, please contact BAM Trading Services at 1-844-900-1450 or [email protected]. If you still have an unresolved complaint regarding BAM Trading Services’ money transmission activity, you may contact the Tennessee Department of Financial Institutions at 1-800-778-4215 or please direct your complaint to: https://www.tn.gov/tdfi/tdfi-how-do-i/file-a-complaint.html. |
Utah | Money Transmitter License, 222 | Utah Department of Financial Institutions 324 S. State Street #201
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Utah
Virtual Currency Disclosure
BAM Trading Services Inc. is licensed by the Utah Department of Financial Institutions as a money transmitter. At this time, the Utah Department of Financial Institutions does not license or regulate services related to virtual currency. |
Virginia | Money Order Seller & Money Transmitter License, MO-403 | Virginia State Corporation Commission
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Virginia
Virtual Currency Disclosure
BAM Trading Services Inc. is licensed by the Virginia State Corporation Commission as a money transmitter, but such license does not cover the transmission of virtual currency (Bitcoin). |
West Virginia | Money Transmitter License, WVMT-1906829 | West Virginia Division of Financial Institutions
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Wyoming | Money Transmitter License, 7292 | Wyoming Division of Banking
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