BAM Trading Services is a U.S. digital-asset exchange operator that does business as Binance. US and runs a central order-book spot trading platform built on matching-engine and wallet technologies licensed from Binance. BAM Trading Services's Twitter Score is 10 out of 1000 as of July 2026, ranking #103,392 among 531,432 tracked accounts.
BAM Trading Services is incorporated in Delaware as BAM Trading Services Inc. and is registered with FinCEN as a Money Services Business, holding money-transmission licenses across multiple U.S. jurisdictions. The platform, which launched in September 2019, offers spot purchases and sales through a central order-book matching facility and also provides staking-related services. BAM Trading Services is wholly owned by BAM Management US Holdings Inc., whose parent is majority owned directly and indirectly by Changpeng Zhao, according to a Connecticut consent order.
BAM Trading Services raised more than $200 million in a seed round at a $4.5 billion valuation, announced in April 2022. Backers from that round include RRE Ventures, Foundation Capital, VanEck, Circle Ventures, Gaingels, Gold House, and Original Capital.
BAM Trading Services has faced a series of regulatory and legal actions in recent years. The SEC charged BAM Trading and related defendants in June 2023 with alleged securities-law violations, including operating an unregistered exchange and clearing agency and an alleged failure to register as a broker-dealer. A federal court entered agreed emergency relief that same month requiring customer assets to remain in the United States and restricting transfers to Binance Holdings, Changpeng Zhao, or their affiliates. The SEC charges were not adjudicated: on May 29, 2025, the SEC filed a joint stipulation dismissing the civil enforcement action with prejudice. On June 18, 2025, BAM Trading Services entered a Connecticut consent order resolving state regulatory allegations, agreeing to pay a $60,000 civil penalty, wind down Connecticut operations, and surrender its Connecticut money-transmission license. On July 23, 2025, the Washington State Department of Financial Institutions entered a separate consent order concerning BAM Trading Services under the Uniform Money Services Act.
BAM Trading Services has accumulated 2,864 followers as of July 2026 on X and has published 12 posts. The account has been mentioned by 6 accounts, with 8 total mentions.
Who follows BAM Trading Services on X?
The accounts that follow BAM Trading Services include 36 founders, 15 angel investors, 30 influencers and 2 VCs. Among the notable followers are Binance, H.E. Justin Sun, Ledger, Notsofast, Lily Liu and HTX.