Here’s everything you need to know about Binomo withdrawal methods and options, proof, time, minimum amount and limit.
Binomo offers a large selection of withdrawal methods and options. The broker is reliable, has several degrees of protection of money transactions and there are no problems with this.
Binomo uses the same method for withdrawal funds as for the deposit. For most countries, these methods and options have already been described in this post.
Withdrawals take place in a few simple steps:
- Log in to the binomo official website (it is recommended to use the Google Chrome browser);
- Visit Cashier page (“Balance” section for mobile application users) > Withdraw Funds;
- Select a withdrawal method and enter the required details;
- Click on “Request withdrawal” button in order to send your request.
Time of the crediting funds usually is from a few minutes to 3 working days; however, for some types of payments, this may take up to 30 business days. The processing time for a withdrawal request from Binomo also depends on the type of account; it is minimal for VIP status.
Binomo withdrawal proof, minimum and limit
Minimal withdraw Binomo is 10$ / 10 € or an amount equivalent. Thus, on Binomo, the minimum withdrawal amount corresponds to the minimum deposit.
Binomo has a withdrawal limit. Withdrawal limits can be daily, weekly and monthly.
- Firstly, no more than $ 3,000 / € 3,000, or an amount equivalent to $ 3,000 (depending on the account currency), per day;
- Secondly, no more than $ 10,000 / € 10,000, or an amount equivalent to $ 10,000 (depending on the account currency), before the end of the current week;
- Thirdly, no more than $ 40,000 / € 40,000, or an amount equivalent to $ 40,000 (depending on the account currency), before the end of the current month.
Binomo does not provide proof of withdrawal upon request as it violates its privacy policy. The broker is regulated by the financial commission and has no problem with withdrawing funds. In any case, the proof can be found in the pictures when you enter the phrase “binomo withdrawal proof”.
Withdrawal to a bank account/bank card
To request a withdrawal of funds, go to “Cashier” (“Balance” for mobile application users) to the “Withdraw funds” tab.
To request a withdrawal of funds, go to the “Cashier” (“Balance” for users of the mobile application) in the “Withdrawal” tab.
Enter the desired amount and select the bank account or credit card from which you have funded your trading account from the Withdrawal Method drop-down menu. Click “Request Withdrawal” and you will see your request.
Important! To protect your account, funds can only be withdrawn to the cards that you previously used to make deposits on the platform. It will take some time to process the request.
Your balance is not blocked until payment is made so you can continue trading. Also don’t forget to verify your account i.e. confirm that it belongs to you.
Withdrawing funds to an electronic wallet/cryptocurrency
The withdrawal from the wallet is completely similar to the withdrawal from the bank account / card.
Important! To protect your account, you can only withdraw funds to those wallets that you previously used to make deposits on the platform. It will take some time to process the request.
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