Binance.US drastically reduced operations after its parent’s landmark $4.3B DOJ settlement in November 2023, with founder CZ resigning as CEO. Its trading volume dropped 72% year-over-year to $8.2B monthly, making it cheaper than the typical rival due to zero-fee promotions but less liquid than #1 Coinbase. Regulatory scrutiny has curtailed its US footprint, yet it still supports 120+ tokens.

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