We’ve made some exciting new additions to the Binance.US mobile app. Download the latest app release to enjoy the following features.
What’s new
- Updates to the Buy, Sell & Convert page
- Set recurring buys using the new Auto-Buy feature
- Set recurring buys with Auto-Buy using debit cards linked to Apple Pay
- Support for 1099-MISC and 1042-S Tax Form downloads
Updates to the Buy, Sell & Convert page
What is this feature?
The Buy, Sell & Convert page allows you to easily buy, sell or convert cryptocurrencies on the Binance.US platform in seconds. It offers a streamlined alternative to the Binance.US trade screen for those who just want to place buy, sell, and convert orders, but do not require advanced trading. Changes to the page include:
- A new easy-to-use interface that makes buying and selling crypto even easier.
- An improved Order Preview page that allows you to review and confirm your order before placing it. The Order Preview page shows you the fee breakdown along with any important information to consider before placing your order.
- New design for you to easily choose the payment method and add the right one.
- Other bug fixes and improvements.
For information on how to Buy, Sell & Convert crypto on Binance.US, click here .
Set recurring buys using the new Auto-Buy feature
What is this feature?
You can now use Auto-Buy to set a recurring buy on Binance.US. Formally known as “Recurring Buys”, Auto-Buy makes it easier for you to schedule your crypto purchases.
What is Auto-Buy?
Dollar-cost averaging (DCA) is a popular strategy that people use to buy crypto over time rather than making one single lump-sum payment, Auto-Buy allows you to automate your cryptocurrency purchases on a schedule that fits your buying preferences. You can choose to set daily, weekly, bi-monthly, and monthly purchases for any cryptocurrency on our platform.
How do I use this feature?
To set a recurring buy order using Auto-Buy, open the Binance.US app and tap on the yellow Buy & Sell button on the bottom navigation bar, then tap Buy Crypto.
Select the crypto you would like to set an Auto-Buy for, the amount, then tap the toggle next to Auto-Buy.
Select the start date and order frequency for your Auto-Buy and click Preview Buy.
Set Auto-Buys using a debit card linked to Apple Pay
What is this feature?
Recurring buys using Auto-Buy can now be set using Apple Pay as a payment method. With this update, you can use a debit card that’s linked to Apple Pay to set up Auto-Buys. You can also set an Auto-Buy using the following payment methods: Bank Transfer (ACH), debit card, or wire transfer.
How do I use this feature?
To set an Auto Buy using Apple Pay, open the Binance.US app and tap on the yellow Buy & Sell button on the bottom navigation bar, then tap Buy Crypto.
Select the crypto you would like to set an Auto-Buy for, the amount, then tap the toggle next to Auto-Buy. If your default payment is not already Apple Pay, from the Other Payment Methods list, select Apple Pay.
For a step-by-step guide on how to set up and cancel Auto-Buy orders, click here.
1099-MISC and 1042-S Tax Form Download
What is this feature?
We’re making the tax-filing process easier this year with a new feature that allows you to download your Tax Form 1099-MISC and 1042-S.
Binance.US is required to provide these forms to you if you earned more than $600 in reportable income on our platform in 2022 (including staking rewards and/or referral bonuses).
Eligible customers who are U.S. residents will be able to download their 1099-MISC form on or after January 21, 2023.
Eligible customers who are not U.S. residents and have earned any income on Binance.US will be able to download their 1042-S on or after March 3, 2023.
How do I use this feature?
Please note the 2022 1099-MISC tax form will only be available on or after January 21, 2023. The 2022 1042-S form will be available on or after March 3, 2023.
To access and download your 1099-MISC when it is available, open the Binance.US app and click the User Profile button located on the top left →Expense Reports → History and Tax Reports then select the tax year or quarter you would like to view a form for. Tap Generate and the form will be added to the queue. Once generated, you’ll receive an email with additional instructions on how you can download the form(s).
To enjoy these new features, download or update the Binance.US app: iOS | Android
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Legal disclaimer: This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice; or (2) relied upon for any investment activities. All information is provided on an as-is basis and is subject to change without notice. We make no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability, or completeness of any such information. Binance.US does NOT provide investment, legal, or tax advice in any manner or form. The ownership of any investment decision(s) exclusively vests with you after analyzing all possible risk factors and by exercising your own independent discretion. Binance.US shall not be liable for any consequences thereof.
Risk warning: Buying, selling, and holding cryptocurrencies are activities that are subject to high market risk. The volatile and unpredictable nature of the price of cryptocurrencies may result in a significant loss. Binance.US is not responsible for any loss that you may incur from price fluctuations when you buy, sell, or hold cryptocurrencies. Please refer to our Terms of Use for more information.
Binance.US reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.