Assessment of Applying Entities with US Connections

Binance understands that corporate entities may be connected to the United States in a variety of ways.  The methodology and process that Binance uses to determine whether a corporate entity is a U.S. user, and thus, prohibited from using the Binance platform, can be found here:

(1) Nationality of Business Entities Checklist (NBEC): Binance compliance staff completes and uses this checklist to assess whether a corporate entity with connections to the U.S. is a U.S. user that is prohibited from being onboarded.  It may or may not require the completion of other documents referenced in the checklist.

(2) U.S. Ownership / Control Attestation: This form must be completed by the entity seeking to onboard and the enclosed attestations submitted by each relevant individual if (1) individuals or entities that are U.S. persons (as defined by applicable U.S. regulatory regimes) own, directly or indirectly, in the aggregate, more than 10% of the beneficial interests of the entity being onboarded, or (2) the entity being onboarded has any directors that are U.S. residents.

(3) Questionnaire for Algorithmic Trading: Entities that engage in algorithmic trading must also complete and submit this questionnaire.