Binarycent Withdrawal: How to withdraw money
|Payment methods||Wire Transfer, Credit Cards, E-Wallet, Crypto|
Binarycent is an incredible trading platform with a maximum number of withdrawal options. Not only withdrawal but also the deposition methods are comprehensive. Such a trading platform is now available for global traders. For those who want a smooth trading performance, undoubtedly, Binarycent will be the perfect choice for them.
When it comes to withdrawal, everyone asks for the minimum and maximum range. All of these will be discussed below. However, before jumping to the discussion, you have to know some crucial points regarding Binarycent, especially if you are a beginner at this site.
What You Must Remember Regarding Binarycent Withdrawal Process?
Beginners have doubts regarding a new trading platform to go with, like the security of their money, verification process, taxation issues, fees, and so on. Let’s discuss it one by one.
#1 Security of Money
When it comes to the security and safety of your money, Binarycent is worth being trusted. Why? Because it has an official license from VFSC. This finance organization has a good grip on security purposes. After a full proof verification, this trading platform has received an official license. So there is no chance of insecurity.
Again, if you ask about the strength of the community, its sister company, Binarymate, will help you with every possible information. The advanced tools will guide you to the best. Either way, your money will be safe with Binarycent.
A lot of other factors work as security and safety issues, like offering an SSL certificate with the site, featuring strong anti-virus and protection with the mobile application, and others.
#2 Account Legalization
Account legalization is a strict rule here. The process is quite simple. You have to submit all the legal documents to enroll yourself here. This is a crucial step for withdrawal. What’s the importance? You know, there are some countries which are very active in taxation processes.
For other taxation information, make a bank account with your name. Whatever the payment method you choose, make sure it has the same name as the Binarycent Account.
#3 Verification Process During Withdrawal
Withdrawal processes are highly protective here. That’s why it is one of the great trading platforms. The chances of hacking are being reduced to zero almost. While applying for the withdrawal process, the verification will be done on both sides, from the bank and Binarycent.
Do these in full honesty to secure your profit. The first verification will be done from Binarycent’s side. They’ll ask for an email verification for the purpose of the Account verification. Then the bank will ask for OTP verification which is for transactions. That’s all from the verification part. If your KYC is complete, you’ll face no problem withdrawing your profits.
These three points are doubted by many. It is better to clear these at the start of our discussion. Whether you are a newbie or a pro, the rest of the processes will be smooth soon as you are aware of these.
What are the Withdrawal Methods of Binarycent?
Withdrawal methods of Binarycent are pretty handy and applicable for all countries. At least there are methods available that are applicable globally. Everything will be discussed below. Binarycent never charges a penny from the traders; however, they cut a sheer commission from the profit.
However, you must be aware of the third-party applications. Lots of handy tools are there. These are being used by traders often. As these are third-party applications, you have to pay for them. Binarycent only offers those; however, they don’t get anything as a medium.
There is an exception. Binarycent offers three types of accounts: Bronze, Silver, and Gold as per beginner, intermediate, and professionals, respectively. Every account has some specialties when it comes to giving tools for usages. Those are free as you are already a member. So, have proper knowledge before investing money in third-party applications. The minimum withdrawal amount is $20 in the case of Binarycent.
Let’s see what withdrawal methods are here.
#1 Bank Transfer
Bank Transfer is available in case of both deposition and withdrawals. Bank transfer is super easy as it will be done in an instant. You just have to verify your account here with all details. The next step will be your withdrawal. Make sure your account name is exactly like the Binarycent Account.
#2 Electronic Wallet
Electronic Wallet or eWallet is a popular term in the case of online payment. Nowadays, almost everywhere, it is being used. Binarycent has several options available for e-wallet. Those are Neteller, PayPal, Skrill, Payco, Alipay, and some underrated names. You can have full details available on their site.
Web Money is available here too. It is a useful application as it never charges any fee from the traders. If you want to have a free ride, certainly web money is best for you.
#3 Debit Card and Credit Card
Debit cards and credit cards are available for both withdrawal and deposition. Visa, Master Card, Maestro, and some other standard transaction options are available here. Debit cards or credit cards may take some charges depending on the currency you are converting.
#4 Crypto Currencies
The cryptocurrency payment option is the unique thing here. However, few other top trading platforms have started this payment method too. It is pretty helpful to convert the payment into crypto Currencies. Litecoins, Bitcoins, Ethereum, and a few other cryptocurrencies are available here. Soon, a lot will be introduced.
What are the Best Transaction Methods Globally?
Some countries are not allowed to use all kinds of payment options. However, some payment methods are applicable for each country of this world. As Binarycent’s dream project is to make their platform open to the whole world, so they have allowed these payment options.
These are visa, master Card, Altcoins, Ethereum, and Bitcoin. Let’s see the qualities of these coins.
- All of these payments will be made within hours. For deposition, it may take hardly one hour. In the case of withdrawal, it is generally done within 1 hour and within one day.
- Altcoin, Ethereum, Bitcoins never take a single charge for the transactions or conversions. However, in the case of Visa and MasterCard, these take a 5% fee from the total transaction. These are charged by the payment companies, not from trading platforms.
How to Make the Withdrawal?
- To make the withdrawal, you first have to log in yourself with exact details. You can use the application as it is available for both iOS and Mobile versions. If you log in after a long time, it may ask for verification. It will be short. Cooperation will be excellent as it is done for customers’ convenience.
- You can see at the top, and there is an option named Account Funding. Click on it, a drop-down menu will appear. It will have an option called, Withdrawals. Click on it. Eventually, you’ll be redirected to another page.
- It’s time for you to select the withdrawal method. Select the methods from the menu below. You can see Bank transfers, e-wallet, cryptocurrencies, and Debit/Credit cards as options. Select the best one to make the payment. Again, make sure it has the registration from the trader’s name.
- Now, the rest of the work remains for the bank page. It will ask for the verification process. Select the option which is favorable to you. You will receive an OTP. Verify it. As soon as it is done, the money will be withdrawn from Binarycent Account.
- Your job is done up to this point. Now it’s time for the bank to do the rest. They’ll take the money back into your account from the Binarycent Account. If everything goes well, it will take hardly 5 minutes to complete. If any issues like network or verification delay, it may take barely 1 hour to be deposited into your bank account.
As you can see, these are the steps you need to follow for the withdrawal process. These are easy. The site has excellent navigation power, and you won’t face any problem with the payments. Additionally, they have made all the processes as easy as possible. A nontechnical trader can do the methods perfectly.
The same goes for deposits; here also, the processes are elementary. Just make sure you have done the KYC part perfectly. The same payment options are available for depositing the money too, and the deposits will take up to 1 hour to complete.
A lot of languages are available on the site. They are offering good quality customer support. If you are facing any delay or problems regarding payment, feel free to contact them. They are always ready to help through email, live chat, and even through live video chat.
We hope all of your doubts regarding withdrawal are clear now. This platform single-handedly offers good quality service, valuable tools, and several trading opportunities. Binary options trading is on hype. So it will be beneficial for you to start trading now with Binarycent.