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Guide to Withdrawing Funds from Binomo

If user have earned profits trading on Binomo and are looking to withdraw funds, follow these straightforward steps:

  1. Log in to Binomo account
  2. Click on the "Cashier" button on the top right-hand corner of the screen
  3. Select "Withdrawal" from the menu on the left-hand side of the screen
  4. Choose prefer payment method. Binomo offers several options, including bank transfer, credit/debit card and e-wallets
  5. Enter the amount want to withdraw
  6. Complete the withdrawal form with user personal details, including full name, address and phone number
  7. Wait for the funds to be transferred to chosen payment method. The processing time varies depending on the chosen method
  8. Check account balance to make sure the funds have been successfully withdrawn

Please be aware that Binomo requires account verification before allowing withdrawals. This process involves submitting a valid ID and a utility bill or bank statement to confirm address.

How to withdraw money from Binomo

Transfer money to a bank card

To get money out of account into bank card, do the following: Go to the “Cashier” section and choose withdrawal - click on user picture in the top right corner of the screen, then select "Cashier" from the menu.

Transfer money to a bank card
Transfer money to a bank card

To withdraw funds to a bank card, go to the “Withdraw funds” tab, enter the payout amount, select “VISA/MasterCard/Maestro”, and provide the necessary information. Remember that user can only withdraw funds to a bank card that have already used to make a deposit. Finally, click “Request withdrawal”.

Withdraw funds to a bank card
Withdraw funds to a bank card

Withdrawal request has been confirmed! User may continue trading while we process your withdrawal. User can always check the status of your withdrawal in the "Cashier" section, under the "Transaction history" tab (or "Balance" section for mobile app users). Typically, payment providers take anywhere from 1 to 12 hours to credit funds to user's bank card. In rare cases, this period may be extended up to 7 business days due to national holidays, user's bank's policy, or other factors.

Withdrawal request has been confirmed
Withdrawal request has been confirmed

Withdraw money to a non-personalized bank card

Non-personalized bank cards do not display the cardholder's name. However, they can still be used to deposit and withdraw funds. It is important to enter the cardholder's name exactly as it appears in the bank agreement, regardless of any other text that may be printed on the card (such as "Momentum R" or "Card Holder"). To withdraw funds using a non-personalized bank card, navigate to the "Cashier" section and select the withdrawal option.

Transfer money to a bank card
Transfer money to a bank card

To withdraw funds to a bank card, go to the “Withdraw funds” tab, enter the payout amount, select “VISA/MasterCard/Maestro”, and provide the necessary information. Remember that user can only withdraw funds to a bank card that have already used to make a deposit. Finally, click “Request withdrawal”.

Withdraw funds to a bank card
Withdraw funds to a bank card

Withdrawal request has been confirmed! User may continue trading while we process your withdrawal. User can always check the status of your withdrawal in the "Cashier" section, under the "Transaction history" tab (or "Balance" section for mobile app users). Typically, payment providers take anywhere from 1 to 12 hours to credit funds to user's bank card. In rare cases, this period may be extended up to 7 business days due to national holidays, user's bank's policy, or other factors.

Withdrawal request has been confirmed
Withdrawal request has been confirmed

Withdrawing using an E-Wallet on Binomo

Skrill

To access the cashier, click on user profile picture in the top right corner of the screen and select the "Cashier" tab from the menu.

Transfer money to Skrill
Transfer money to Skrill

To withdraw funds, follow these steps:

  • Click on the "Withdraw funds" tab
  • Enter the amount want to withdraw
  • Select "Skrill" as withdrawal method and provide email address
  • Click on "Request withdrawal"
Withdraw using Skrill
Withdraw using Skrill

Track withdrawal status in the “Cashier” section, “Transaction history” tab (“Balance” section for mobile app users). Funds are usually credited to e-wallet within 1 hour. In rare cases, it may take up to 7 business days due to national holidays, payment provider policies, etc.

Track  withdrawal status
Track withdrawal status

Perfect Money

To access the cashier, click on user profile picture in the top right corner of the screen and select the "Cashier" tab from the menu.

Transfer money to Perfect Money
Transfer money to Perfect Money

To withdraw funds, follow these steps:

  • Click on the "Withdraw funds" tab
  • Enter the amount want to withdraw
  • Select "Perfect Money" as withdrawal method
  • Click on "Request withdrawal"
Withdraw using Perfect Money
Withdraw using Perfect Money

Track withdrawal status in the “Cashier” section, “Transaction history” tab (“Balance” section for mobile app users). Funds are usually credited to e-wallet within 1 hour. In rare cases, it may take up to 7 business days due to national holidays, payment provider policies, etc.

Track  withdrawal status
Track withdrawal status

ADV Cash

To access the cashier, click on user profile picture in the top right corner of the screen and select the "Cashier" tab from the menu.

Transfer money to ADV Cash
Transfer money to ADV Cash

To withdraw funds, follow these steps:

  • Click on the "Withdraw funds" tab
  • Enter the amount want to withdraw
  • Select "ADV Cash" as withdrawal method
  • Click on "Request withdrawal"

Track withdrawal status in the “Cashier” section, “Transaction history” tab (“Balance” section for mobile app users). Funds are usually credited to e-wallet within 1 hour. In rare cases, it may take up to 7 business days due to national holidays, payment provider policies, etc.

Track  withdrawal status
Track withdrawal status

Verifying Binomo account

After request verification, user will receive a notification and the "Verification" option will appear in the menu. To verify identity, click "Verify" in the pop-up notification or click on profile picture to open the menu and select "Verification" from the options.

Verify Identity in Binomo
Verify Identity in Binomo

Go to the "Verification" page with a list of documents to verify. Verify identity by clicking the "Verify" button next to "ID Card".

List of all the documents to verify
List of all the documents to verify

To begin verification, mark checkboxes and click "Next". Select the country and document type from the drop-down menus, then click "Next". Binomo accepts passports, ID cards, and driver's licenses. Different countries may have different accepted documents, check the full list.

Selecting the document type
Selecting the document type

Upload chosen document, starting with the front side, and then the back (if double-sided). Binomo accept files in jpg, png, or pdf formats. Ensure that document is valid for at least one month from the upload date (validity is irrelevant for residents of Indonesia and Brazil) and is legible, with clear indication of user full name, numbers, and dates. All four corners of the document should be visible. Once have uploaded both sides of document, click "Next.”

Upload the document
Upload the document

To upload a different document, press "Edit". When all ready, press "Next" to submit. After successfully submitting, press "OK" to return to the "Verification" page. User ID will be verified within 10 minutes, and once confirmed, user can verify payment methods.

Identity confirmed
Identity confirmed

If payment methods are not to be verified, user will receive the "Verified" status immediately and be able to withdraw funds.

How to Verify Bank Card on Binomo

To verify a payment method, user must first verify identity by following the instructions in the article above. Once confirmed, verify bank cards by clicking user profile picture, selecting "Verification" from the menu, and then clicking the "Verify" button.

Bank card verification
Bank card verification

User will be redirected to the "Verification" page where can select an unverified payment method. Choose a method and click "Verify". Upload a photo of the front side of bank card showing the cardholder's name, card number, and expiration date. Binomo accepts photos in jpg, png, and pdf formats. Then, click "Next"

Bank card photo uploading
Bank card photo uploading

Great, photo has been successfully submitted! Just press “OK” to return to the “Verification” page. The verification status of bank card will change to “Pending”. Please note that it may take up to 10 minutes to verify bank card. Remember that need to verify all of the payment methods on the list to complete the verification process.

Bank card verification status
Bank card verification status

After verification, user will receive a notification and can withdraw funds.

How to verify if a Bank Card is Non-Personalized

To continue, please provide a picture of the front of bank card where can see the card number and expiration date. In addition, need a photo of a bank statement that shows the stamp, date of issue, and name. The statement should be from no more than 3 months ago. Binomo accept photos in the following formats: jpg, png, pdf. Once have the required photos, press “Next” to proceed.

Verify a non-personalized Bank Card
Verify a non-personalized Bank Card

Documents are submitted successfully. Press "OK" to return to the "Verification" page. Bank card verification may take up to 10 minutes and will be marked as "Pending". Verify all payment methods on the list to complete the verification process.

How to Verify a Virtual Bank Card on Binomo

Upload a screenshot of virtual bank card with visible and readable first 6 and last 4 digits of card number, expiration date, and cardholder’s name. Accepts jpg, png, and pdf formats. Press "Next".

Verify a virtual Bank Card
Verify a virtual Bank Card

Screenshot has been successfully submitted. Press "OK" to return to the "Verification" page. Bank card verification status will change to "Pending". Verification of all payment methods on the list is required to complete verification and may take up to 10 minutes.

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