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Binomo minimum deposit and payment methods for new traders

Minimum deposit $10
Payment methods Banktransfer, Credit card, E-Wallets, Crypto
Deposit fees $0

Binary options trading is the easiest trading option for traders. You can earn more than ten times your investment if you click on the right option. Between the Yes and No buttons, every answer stands. A good grip on the trading concept and particular trading field can help you for sure.

One more thing is important, and that’s the medium. The medium is the trading platform. Binomo is a popular binary trading platform. With advanced tools and good results, you can make a strong base of income. 

However, it is essential to know whether the platform Binomo is eligible for your country or not. Again, you need to check fees and deposit options too. 

Here, in this article, we will provide details on Binomo’s minimum deposit and payment methods available for new traders.

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All facts about the deposit on Binomo:

Here is an overview of all the deposit facts:

Deposit rating:(5 / 5)
💰 Minimum deposit:$ 10
📈 Maximum deposit:No
⚠️ 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: Yes
🎁 Deposit bonus:It increases any deposit by 25% for all new traders within the first 30 minutes after registration
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What’s the process for the deposit of funds? Step-by-step tutorial

The deposit of money in this Trading Account is very simple. If you follow the steps mentioned below, you can easily reach your goal, but before depositing money, there is something important you must know. 

To start and activate your Binomo account, you must submit a minimum balance. The balance is $10 or £10 or €10. If you belong to any other country, your fund will be automatically converted into these currencies and submitted. 

Step 1 – Open up your Binomo account

How to open an account on Binomo

Open up your Binomo account. As both the mobile and desktop versions are available, you can choose whatever you have. You can open it through the official site too. iOS is available for Binomo.

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Step 2 – Log into your trading account

Binomo login form

Login through the portal if you have already done sign-up. If it is your first time in Binomo, then create an account here. You can find the section on the official site. Click on the Register option. As soon as you do the registration process, you can see the Deposit option there.

Step 3 – Click on the deposit button

Binomo deposit

Choose the deposit amount and take a bonus, then click on the “Deposit” button.

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Step 4 – Choose a payment option

Choosing a payment option for deposits on Binomo

There you can find a bunch of payment options. Bank transfer, Debit card, and eWallet will be there as options. Whatever you have and whatever your country allows you to handle, pay through it.

Step 5 – Enter the deposit amount

Entering the deposit amount on Binomo

Now it’s time for you to select the deposit amount. Here you have to remember some points. First, submit an amount more than the basic required fees, about $10. You have to select the available payment option.  Add the deposit amount to the section where it is required. Click on the proceed option. You’ll be redirected to the payment page, where the final task is waiting for you.

Thus by following some easy steps, you can make the payments. As you know this point, here are some important details regarding the deposit in Binomo. It will help you to identify which process will be best for you.

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Deposit rules for several payment methods on Binomo

Binomo payment method

#1 How to deposit money with credit cards?

You can see the cashier section where the deposit option is available. A wide range of credit card options is accepted here. Binomo allows deposits through Visa, master card, maestro, and any other credit card. To complete this process, you need to keep two things in mind. Those are as follows.

  • You have to do proper KYC here, not only with your Binomo Account but also with the bank. Your credit card must be registered with your name, and the same goes for the Binomo Account. 
  • As usual, OTP and confirmation messages will arrive from your bank. This will make sure that you get the money deposited into your account. 

Deposit through a credit card may take some extra time, hardly 1 hour to 2 hours. Don’t get worried. As you make the payment through your credentials, your money will be safe in your account. 

#2 Deposit with a nameless card

Those who are not interested in doing KYC or don’t care about the proper registration process but still have an interest in trading will be beneficial to them.

This platform knows some people need more than one trading account. There are several reasons. The most common reasons are doing practice for the final game or not having proper permission from the country’s laws and regulations.

Paying through a nameless card is restricted here; however, they accept it anyhow. So, if you are expecting proper security of your money with nameless card payments, it can cause you problems. 

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#3 Paying through direct bank transfer

Transferring money with a direct bank transfer is eligible with Binomo. You can do it with any Currency. As standards, Binomo only accepts USD, Euro, and GBP. If your currency is not matching with these three, don’t worry. They have the proper tools to Convert your Currency with any of these. 

The conversion is done based on the current exchange rate. You don’t have to bother with anything, as the bank takes care of the necessary process.

#4 Pay through E-Wallet

Paying through an e-Wallet is an option here, like other platforms. It is necessary because there are no external charges (in most cases). Skrill, Neteller, Payco, PayPal, and lots of other options are there. Select whatever suits you.

While using these particular payment methods, remember that you must have registered your name with the Accounts. Otherwise, you won’t be eligible to pay. No third-party e-Wallet is accepted on this platform. 

The list of electronic wallet payment options is available on the site under the deposit section. 

While paying through Debit cards, some countries are facing problems. Here is a complete guide on how to deal with them. Here you’ll have only three countries like Ukraine, Arabian Countries, and Kazakhstan.

How to make payments in Arabian countries?

  1. As long as you get into their official page or application, you can see the DEPOSIT Option at the right corner of the site. 
  2. There you can find an option called country. It is given to you to let you Select the country name. Apply to Arabian Countries. 
  3. Then, you’ll be able to select the card name you will pay through. Visa, Master Card, and Maestro are the top Options here. Others will be accepted too.
  4. On the site, you can see some fixed deposit amounts available, like $100, $1000, and others with the expected payment options. Those are available bonuses if there is any offer with it. Either way, you can enter the amount manually.
  5. If you are going with the bank-to-bank transfer method, you can select this option too. It will ask for details like cardholder name, cardholder bank name, CVV, and expiry dates. Fill those out and click on the play button.
  6. A one-time password or OTP will be sent to your mobile. Apply it and make the payment. As soon as the payment goes through, you’ll be redirected to a page where the transaction ID, payment date, and other details will be shown. It means your payment is successful.

How to pay if you are from Kazakhstan?

There will be nothing extra steps to take. Go to the deposit section, where you can find your country as an option again. Select the country name Kazakhstan. Then follow the previous steps to make the payment.

How to pay if you are from Ukraine?

Ukraine has some Different rules regarding international payments. That’s why it is a subject of concern. Do the same process mentioned in the above two sections. Other information regarding the availability of payment options is in the pay section. 

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What to keep in mind while making a payment on Binomo?

You may face a common problem here. That is the payment pending status. It’s common because people are Investing money on this platform from various countries.

Network issues, timing, and server down can be so-called common problems. You don’t have to worry about these as if payment is successful, and it will get credited to your Binomo Account within 5 Business days; otherwise will be refunded.

However, you have to keep some points in your mind to be ready from your side. Those are-

  1. Check whether your card is available or not. Check the expiry date, CVV, and other details while putting them into the pay check box. 
  2. There is no need to mention this point; however, if you use a Debit Card, bank transfer, or e-Wallet, you must be assured about your bank balance. Otherwise, it will cause problems.
  3. Lastly, make sure you are paying through only your account. Because if you use another Account, their server will detect the problem, and your payment will go on hold. Also, carefully add code while entering OTP. 

Avoid all kinds of problems from your side; that way, it will be easier for you.

Binomo - help center
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Common Binomo deposit problems

Binomo is a popular online trading platform that occasionally experiences problems with payments. If your payment is declined, it may be because your credit card is not authorized for overseas transactions or you have exceeded the daily or monthly deposit limits. In this case, you should contact your bank to resolve the issue. Occasionally there may be a delay in depositing funds into your trading account.

This can be due to bank holidays or technical difficulties in processing the transaction. If you have accidentally made a deposit for an incorrect amount, you should contact Binomo support to resolve the issue. They will usually be able to correct the amount manually.

The Binomo deposit bonus explained

Several bonuses are available to traders on Binomo. Since it allows you to stake more money or trade capital, the first deposit incentive is very popular. Before claiming a bonus, it is important to read the terms and conditions.

For incentives below 50% and above 50%, the turnover requirement is 35 x and 40 x, respectively. Binomo occasionally provides a no-deposit bonus. The bonus’s activation period might be time-limited.

Bonuses are a fantastic method to boost your account balance without spending any money, but it’s crucial to comprehend the terms and limitations.

Conclusion: $10 minimum deposit is available via a huge variety of payment methods

Binomo binary trading is getting bigger and bigger every day. It is giving exciting bonuses on payments. When a trader or an Investor invests on this platform, it helps them with extra money. So if you are searching for the best binary trading platform, go with Binomo. You’ll get rich in no time. 

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Frequently asked questions about the deposit on Binomo

What is the minimum deposit on Binomo?

The minimum deposit on Binomo is $10.

What payment methods are supported for deposits on Binomo?

You can deposit on Binomo using credit cards, bank cards, e-wallets, or cryptocurrencies.

How long does it take for my deposited money to arrive in my Binomo trading account?

Usually, the deposited money should be credited to your Binomo trading account within a few minutes. However, in some cases, it may take several hours. In case of difficulties or deposit problems, contact Binomo support: support@binomo.com

Are there any deposit fees on Binomo?

No, there are usually no deposit fees at Binomo! Note that with some payment methods, there might be transfer fees, depending on which one you choose.