Let’s talk about registration methods and different types of accounts on www.binomo.com to figure out which one is best for you. We’ll also go over the verification process and why choosing your currency wisely during registration is important.
You may register and log in to the Binomotrading platform through email and choose a variety of languages, including English or Hindi. Also, you can sign in to the Binomo account via Facebook or Google.
Steps on how to join Binomo:
- Open the Binomologinpage on the web.
- Enter your email address or Facebook/Google username and password.
- Select your account currency.
- Click “Create account” to grant Binomo access; confirm your email address.
How to sign up and log in to the Binomo app
The registration process on the Binomo app is the same as it is on the website. However, there are some nuances; follow the steps below for trouble-free sign up to the Binomo app:
- Open the Binomo main page.
- Click on the “Sign up” button, enter an email and a strong password.
- Choose account currency, read and accept the terms of the Client Agreement carefully.
- Click “Sign up” and confirm email to start your trading journey on the platform.
Login to the Binomo trading app is possible through your Google or Facebook account.
Choose your currency carefully
After registration, it is not possible to change the currency of the account. So keep that in mind to minimize going through the hassle of closing an account and opening a new one to change the currency later.
How to change the currency?
So, you can’t change the currency in the Binomo account after registration. If you want to invest and trade in another currency, you can open a new account with a different email address and specify the currency when you sign up. But having multiple accounts is against regulations, so make sure to close your previous account before opening a new one.
What is a demo account for?
After the first login to Binomo, each trader has access to a demo account. You may practice trading with unlimited virtual funds in a safe and secure environment without fear of losing funds due to a lack of knowledge or trading education. Additionally, all users, including demo account holders, can also participate in a free tournament called “Daily Free”, where they can practice their skills daily.
Verification – what is it and why
A company may occasionally request documents proving the account holder’s identity. Verification account on Binomo is proof of your identity and payment methods. Financial market regulators and payment service providers both require user verification. Every Binomo trader has to go through the verification process eventually.
Previously, verification required several days, but now Binomo offers automatic verification, which takes only a few minutes. After requesting verification, funds withdrawal will be restricted until the trader is verified.
Note! Apart from being a legal obligation, verification also helps protect your assets. If the account is stolen, verified users will have an opportunity to recover their funds.
How to change a password?
If you can’t remember your password, you can always create a new one to regain access to the platform.
For traders who use the web version on PC:
- In the “Login” section on the Binomo website, click “Forgot my password”.
- Enter the email address associated with your account and click “Send”.
- You’ll get a password recovery letter; open it and click the button.
- Enter your new password in opened form.
You can use the same password change method on the mobile version of Binomo as on the website; only the reset button is called “Reset password”.
Note! If you haven’t received the password recovery email, double-check your email address and check your spam folder.
For traders asking how to close a Binomo account? You can close your account yourself on the website by clicking on your profile image and selecting the personal info section, where you will find the ‘block account’ button. However, if you use the Binomo app version, you can’t close your account, and you will need to contact a support agent to do so for you.
Register and trade on Binomo