Binomo Minimum Withdrawal: Everything You Need to Know

You’ve started trading on Binomo and have begun to make some profit. Nice work! Now you’re wondering how you can withdraw your funds from your account. Don’t worry; withdrawing money from Binomo is straightforward. In this article, we’ll walk you through everything you need to know about Binomo minimum withdrawal, from how much you need to request to how long it will take to hit your account. When you’re done reading, you’ll feel confident requesting your first withdrawal and getting your hands on your profits. Let’s get started!

Binomo Minimum Withdrawal Amount

The Binomo minimum withdrawal amount is $10. While that may not seem like a lot, it’s standard for trading platforms. The important thing is Binomo lets you withdraw your funds when you want them.

To request a withdrawal, log in to your account and go to the “Withdraw funds” section. Enter the amount you want to withdraw there and choose your preferred payment method. Binomo offers several options:

  • Bank wire transfer – Takes 3-5 business days;
  • Bank cards (Visa, Mastercard) – Processed up to 1-3 days;
  • E-wallets (Skrill, Neteller, ecoPayz) – Typically processed within 24 hours;

Once you submit your request, Binomo will review and process it. The exact time will depend on the method, but most are handled within 1-3 business days. The minimum $10 amount applies regardless of the method.

Funds withdrawn from Binomo accounts are paid out in USD. So if your account balance is in another currency like EUR, it will be converted to USD at the current exchange rate before being sent to your payment method.

The most important thing to remember is that all withdrawal requests are subject to Binomo’s verification procedures. This helps prevent fraud and ensure your funds are secure. As long as you’ve provided proper ID verification, you shouldn’t have any issues withdrawing your money when you want to!

Withdrawal Methods Available on Binomo

binomo payment methods
Binomo offers a few ways to withdraw your funds. Your chosen method depends on how quickly you want access to your money and any fees you’re willing to pay.

The most common option is a bank wire transfer. Funds are usually available in your bank account within 3 to 5 business days. Binomo doesn’t charge any fees for wire transfers, but your bank may charge a small fee for incoming wires.

You can request a bank card withdrawal if you need your money faster. Funds will be loaded directly onto Visa/Mastercard.

E-wallets like Skrill, Neteller, or Perfect Money are convenient for small withdrawal amounts. Funds are typically available in your e-wallet within 24 hours. Binomo doesn’t charge fees for e-wallet withdrawals, but the e-wallet providers may charge nominal fees.

Lastly, you can withdraw cryptocurrency directly to a crypto wallet. If you withdraw Bitcoin, Litecoin, or Ethereum, funds will usually be sent to your wallet address within 1 hour. Crypto withdrawals on Binomo are free of charge.

Binomo offers several ways to withdraw your profits with quick turnaround times. Whether you need funds instantly or can wait a few days, Binomo has a withdrawal method that will suit your needs. Choose the option that provides the best combination of speed, cost, and convenience for you.

Processing Time for Withdrawals

binomo withdrawal limits
Once you’ve decided to withdraw funds from your Binomo account, the next step is waiting for the withdrawal to process. Binomo aims to process all withdrawal requests within 1-3 business days. However, it can take up to 5 business days for the funds actually to appear in your bank account or e-wallet.

Processing Timeline

After submitting a withdrawal request, here’s what you can expect:

  • Withdrawal request submitted. Binomo will review your request to ensure proper verification and compliance.
  • Withdrawal approved. If approved, Binomo will process the withdrawal from your account balance. The status will change to “Approved” on your Binomo account.
  • Funds deposited. The funds are transferred to your specified bank account or e-wallet (Skrill, Neteller, etc.). The actual time for funds to appear in your account depends on the processing times of your bank or payment provider.

Some tips to speed up the processing time:

  • Verify your account fully by providing all requested IDs and proof of address documents (only for Ukrainian traders). It is also necessary to verify a bank card if you decide to withdraw funds to it. Unverified accounts can experience delays.
  • Remember that the minimum withdrawal amount from Binomo is $10. Take this into account when specifying the amount to be withdrawn.
  • Withdraw during business hours, Monday to Friday. Requests made over the weekend or holidays may experience an extra day of processing.
  • Choose an e-wallet over a bank transfer. E-wallets like Skrill and Neteller have faster processing and deposit times than traditional bank transfers.
  • Double-check that all withdrawal information, like your account number, routing number, or e-wallet email address, is entered correctly. Incorrect information will lead to failed withdrawal requests and additional delays.
  • Be patient and avoid submitting multiple withdrawal requests for the same amount. This can overload the system and slow down processing times. Only submit a new request if your previous one fails or is canceled.

With a verified account and following these tips, you can expect to receive your Binomo withdrawal within 3 to 5 business days after requesting it.

Fees Charged for Withdrawals

binomo no withdrawal fees
When withdrawing funds from your Binomo account, there are a few fees you should be aware of. Binomo charges minimal fees compared to most platforms, but it’s still good to understand them fully.

  • Withdrawal Fees

For Vietnam and India, a small fee is deducted from the amount for each re-withdrawal during the day. Binomo currently charges 2% of the withdrawal amount for Vietnamese traders and 10% for Indian traders. These fees are subject to change, so always check the Binomo website for the latest information on withdrawal fees.

  • Processing Times

In addition to the flat withdrawal fees, it’s important to factor in Binomo’s processing times. Most withdrawals are processed within 1 to 3 business days. However, larger withdrawal amounts over $500 can take up to 5 business days to process. Weekends and holidays aren’t counted as business days. It’s best to plan ahead and initiate any withdrawals with enough time before you need access to the funds.

  • Alternative Withdrawal Options

Binomo offers a couple of alternative withdrawal options. You can withdraw money through online payment systems like Skrill or Neteller. You can also withdraw funds through cryptocurrency like Bitcoin, which has nearly instant processing. These alternative withdrawal methods come with some risks, so thoroughly research the options before proceeding.

In summary, while Binomo aims to keep fees low and processing efficient, understanding the potential charges and timing involved before withdrawing from your Binomo account is always a good idea. Planning ahead and exploring alternative withdrawal methods can help you get the most out of your account balance.

How to Make a Withdrawal on Binomo

Making withdrawals from your Binomo account is straightforward, but there are a few things you should keep in mind.

Binomo Minimum Withdrawal Amount

The minimum amount you can withdraw from Binomo is $10. Anything less than that will not be processed. While $10 may not seem like a lot, it ensures that Binomo doesn’t waste resources processing many small withdrawals. If your account balance is under $10, you’ll need to do some more trading or add funds to reach the minimum.

Withdrawal Limits

Binomo doesn’t charge withdrawal fees in many cases. The entire withdrawal amount will be transferred to you without deductions. However, there are certain limits: you can’t withdraw more than $3,000 per day, $10,000 per week, or $40,000 per month.

Withdrawal Methods

You can withdraw funds from Binomo through:

  • Bank wire transfer: It typically takes 3 to 5 business days for the funds to reach your bank account. You must provide details like your bank name, account number, routing number, and SWIFT or sort code.
  • Crypto and E-wallets: Withdrawals to Skrill, Neteller, Bitcoin, and Advcash digital wallets are processed within 1 business day. You must provide the e-wallet account details to withdraw to these methods.
  • Banks cards: This method is not available for withdrawals from Binomo. You can only deposit funds with a bank card, not withdraw.

How to Request a Withdrawal

  1. Log in to your Binomo account and click “Withdraw funds” under your account balance.
    binomo deposit1
  2. Select your withdrawal method: bank wire, Skrill, Neteller, Bitcoin, or Advcash. Enter the details of where you want the funds sent.
    binomo deposit2
  3. Enter the amount you wish to withdraw. Remember, the minimum is $10.
    binomo deposit4
  4. Review and confirm your withdrawal request. Then click “Submit”.

Your withdrawal request will be processed within the timeframes noted for each method. You will receive a notification once the funds have been sent to the destination you provided. Check your bank account, e-wallet, or crypto wallet to ensure the funds have been received. If there are any issues, contact Binomo support.

FAQs About Binomo Minimum Withdrawal

binomo faq
Once you start trading and making a profit on Binomo, you’ll eventually want to withdraw your funds. Binomo has a straightforward withdrawal process, but you may still have some questions. Here are the most common FAQs about minimum withdrawal amounts and the withdrawal process on Binomo.

What is the minimum withdrawal amount?

The minimum amount you can withdraw from your Binomo account is $10. If you have a balance of $9, you’ll need to do more trading or deposit additional funds to reach $10 before withdrawing.

How long do withdrawals take?

Withdrawals are processed within 1 to 3 business days. The exact time will depend on your selected withdrawal method. Bank wire transfers typically take 3 to 5 days, while e-wallets can be faster at 1 to 12 hours. Bank cards are usually processed within 24 hours.

Are there any fees for withdrawals?

Binomo doesn’t charge any fees for withdrawals. However, your selected payment processor or bank may charge a small transaction fee. Binomo will not deduct any additional fees from your withdrawal amount.

Can I withdraw funds to a different method than I deposited with?

You can withdraw funds to any payment method you verified in your Binomo account. For example, if you deposited funds via bank wire but want to withdraw to your e-wallet, that is perfectly fine. You just need to verify the new payment method before withdrawing.

Do I need to verify my identity to withdraw funds?

Binomo requires identity verification to deposit and withdraw funds as part of their compliance with anti-money laundering policies. You must provide proof of identity, such as a driver’s license or passport, and proof of your payment methods. Verification only takes a few minutes and allows you to deposit and withdraw from your Binomo account freely.


You have everything you need to know about Binomo’s minimum withdrawal policy and process. While the amounts may seem small, it’s a good way for the platform to verify your account and ensure everything is in working order before allowing larger withdrawals. The waiting period also allows you to reconsider if you have second thoughts about withdrawing your funds. Once the request is processed, the money should quickly hit your account. If you run into any issues or have additional questions, Binomo’s support team is there to help you. Now that you understand the Binomo minimum withdrawal rules, you can confidently trade knowing how to access your money when you want it.

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