Binary.com Minimum Deposit & Payment Methods
- Broker
- Withdrawal
- Deposit
- Fees
Minimum deposit | $10 |
Payment methods | Banktransfer, Credit card, E-Wallets, Crypto |
Deposit fees | $0 |
Binary.com is an online trading platform that allows you to trade like the interbank market. It will enable you to invest according to your interest and profit from your own strategies.
It allows you to trade a wide variety of trading instruments, such as binary options, forex, cryptocurrency, CFDs (contract for difference), metals, and lookbacks. You can choose any of these to trade.
The broker is not only known for its user-friendly platform and good trading experience. In this article we will take a closer look at the deposit process at Binary.com. We will look at what the minimum deposit is and how to solve the most common deposit problems.
All facts about the deposit on Binary.com:
Here is an overview of all the deposit facts:
Deposit rating: | (4.8 / 5) |
Minimum deposit: | $ 5 |
Maximum deposit: | No maximum deposit limit |
Deposit fees: | No |
Regulated payment methods: | Yes |
Deposit duration: | Instant or some minutes up to hours (depending on the payment method) |
Credit Card deposits: | Visa, Mastercard |
Cryptocurrency deposits: | Ethereum, Bitcoin, or Altcoins |
Bank transfer deposits: | Yes, local bank transfers and international bank transfers |
No deposit bonus: | $ 20 |
Deposit bonus: | Yes |
(Risk warning: Your capital can be at risk)
How to deposit money on Binary.com – Step-by-step tutorial
Investing through Binary.com is really easy.
For beginners who are new to the whole idea of trading and, more so, online trading, it has a facility to create a demo account. The demo account provides you with virtual funds of up to $10,000, which can be used and replenished to invest in the different types of assets available.
The idea of making a demo account is to make the amateurs more familiar with online binary trading. This helps those who are new to this arena. It helps them practice their trading skills and get well-versed in the rules and ways of investing and trading. You cannot withdraw the profits made through the virtual funds during the demo.
Once you become well versed and understand how it all works, and have sufficient practice to be confident, you are good to create a real or standard account.
A real or standard account is one in which you will be able to deposit funds. And after doing so, you would be all set to start investing and trading in any asset according to your wishes and start getting the profits or return of the investments you are making.
Note: Binary.com has moved its platforms to Deriv. Therefore, complete the following process in your Deriv trading dashboard:
Step 1 – Click on the deposit button
Before starting trading, you must deposit funds into your trading account. Click on the red deposit button in the upper right corner of the screen.
Step 2 – Choose the payment method
Now select one of the transfer methods provided. This can be done via bank wire, credit card, e-wallet, or deposit cryptocurrencies. Click on one of the buttons you have selected. Choose your payment method.
Step 3 – Enter the deposit amount
Enter the deposit amount. Pay attention to the currency and read carefully all you fill out. In some minutes, it will be done.
Step 4 – Complete the deposit
Complete the transaction. Your funds should arrive within a short period of time. Start trading now!
(Risk warning: Your capital can be at risk)
Binary.com minimum deposit explained:
When opening a real or standard account, there is a minimum amount of sum that you should deposit to start the functioning of the new account. Then there’s a minimum maintenance amount known as minimum balance, which is to keep the account functional.
Now, you would think that it might be a considerable sum, but it is actually just $5. The deposit amount is quite reasonable, and since the minimum deposit amount is less, it makes the platform more accessible and at such a fair amount.
You can start trading with only $5 or using the free demo account with virtual money.
This is just the minimum deposit you need to make, but you can actually start trading with an amount of as little as $1. Since the amounts related are not too hefty; therefore, it attracts a large number of customers.
If you are wondering how to deposit the funds, then there’s an easy answer to this. This online platform accepts a huge variety of payment methods that allows you to make the necessary fund deposits.
(Risk warning: Your capital can be at risk)
Binary.com deposit payment methods:
You need to deposit funds in your account to start trading in your interest assets through the platform.
Another reason that makes Binary.com more famous among people is that you can make payments through a wide variety of payment methods. The different payment methods include bank wire/money transfer, debit/credit cards, e-wallets, and cryptocurrencies.
The platform will show the available payment methods according to your locations, and you can complete the payment in whichever way you feel feasible.
To list the payment methods in detail, we have:
Bank wire/money transfer
Through this, you can transfer funds in your trading account directly from your bank account through bank wire or money transfer. There are different methods under this, such as help2pay, Paytrust, etc., which are accessible according to your location. Each of these methods has its own minimum amount that you need to deposit and the maximum amount you can withdraw. The time taken to process the request is usually 1 to 3 days.
Debit/credit cards
The platform accepts many types of cards, which include visa cards, master cards, and Maestro cards. The minimum deposit is as little as $10 for this type of payment, and the maximum deposit is $10,000. The expected request processing time is merely one day. However, the MasterCard and maestro card is only available for customers in the UK.
E-wallets
If you do not want to go through any hassle, this platform makes it easier for you to deposit your money in your account through e-wallets. There are many e-wallets that this platform usually accepts; to name a few would be WebMoney, Perfectmoney, etc. These also have a minimum deposit amount of generally $5 to $10, depending on the method you use are choosing. In contrast, the maximum money that you can deposit varies according to each mode of payment.
The processing time while using e-wallets is significantly less. The request is processed almost instantly for depositing money, and the request for withdrawal takes a maximum of 1 day. This makes this method of payment extremely accessible.
Cryptocurrency
If you still are looking for another method of payment, this platform provides you with just that. It accepts payment through cryptocurrencies that you might have mined online.
Cryptocurrencies you can use for payment include bitcoin, USD coin, Litecoin, etc. This payment method does not have a minimum deposit amount. In contrast, it does have a minimum amount that you can withdraw, which varies according to the cryptocurrencies you are using to make the payment.
The request for depositing money requires the confirmation of 3 blockchains, whereas the processing time for withdrawal is up to 1 day.
(Risk warning: Your capital can be at risk)
Typical deposit problems at Binary.com and solutions
On the well-known online trading platform Binary.com there are occasionally problems with deposits. Here are some typical problems you may encounter and solutions:
Before you can make a deposit with Binary.com, your account may need to be verified. You can do this by providing proof of your address, such as a bill or ID card. Call support if you are having trouble verifying your account.
Sometimes there may be a delay in crediting your trading account. This can be due to bank holidays or technical problems processing transactions.
To resolve an incorrect deposit amount, if you have accidentally deposited the wrong amount, contact Binary.com Customer Support. They can usually change the amount manually.
Is there a deposit bonus available on Binary.com?
Currently, there is no deposit bonus available on Binary.com.
Conclusion: The minimum deposit on Binary.com is very low and safe
Binary.com is extremely easy, accessible, legit, and one of the most trustworthy and reliable online trading platforms. Even if you are new to online trading and are not familiar with this, this platform helps you to become a pro in online trading.
Accessing the platform is as simple as registering on any online site, and trading through it is easy as it can be. Depositing funds on this platform is made simple through many payment methods.
If you are looking for an online trading platform, then Binary.com is the one you want. All you need to do is to make an account and start trading!!!
(Risk warning: Your capital can be at risk)
Frequently asked questions about the deposits on Binary.com
What is the minimum deposit on Binary.com?
The minimum deposit on Binary.com is $5.
What deposit methods are supported on Binary.com?
You can deposit on Binary.com using Bank wire transfers, credit cards, debit cards, e-wallets, or cryptocurrencies.
What are the deposit fees on Binary.com?
There are no deposit fees on Binary.com
How long does it take for the money to arrive?
Your funds should usually arrive within a couple of minutes to hours.