Binarycent Withdrawal | Step-By-Step Guide
Binarycent offers various payment channels to withdraw funds: credit cards, payment services, crypto. Binarycent has set a minimum withdrawal amount of $50. To withdraw money, you must: go to the website, click on the “Withdraw funds” button, select the desired payment method, enter data (such as the payment destination and the amount you are going to withdraw).
Binarycent, a binary trading platform known for its binary options trading, has been a topic of discussion among traders, especially regarding its withdrawal process. This Binarycent review aims to shed light on the withdrawal procedures, methods, and conditions associated with Binarycent. By the end of this guide, you'll understand how to withdraw your funds and what to expect during the process.
Binarycent withdrawal methods, speed and fees
| Method (Yes, no, or list available options) | Speed | Fees | |
|---|---|---|---|
Yes |
1 hour |
5% |
|
Yes |
1 hour |
0 |
|
Payment services (list available, if any) |
Yes |
1 hour |
0 |
Crypto (list available, if any) |
Yes |
1 hour |
0 |
How to withdraw money from Binarycent?
Here’s how to withdraw money from Binarycent:
Withdrawal methods:
-
Electronic wallet. Traders can use popular options like Neteller, PayPal, Skrill, Payco, and Alipay, among others. This provides flexibility and convenience for users worldwide.
-
Debit and credit card. For those who prefer card transaction methods, Binarycent accepts major cards like Visa, MasterCard, and Maestro. This makes the process straightforward for many traders.
-
Cryptocurrencies. In the ever-evolving world of digital currencies, Binarycent supports cryptocurrencies such as Litecoins, Bitcoins, and Ethereum. They've also hinted at adding more options in the near future.
Withdrawal time
Regardless of the method chosen, Binarycent boasts a swift withdrawal time of just 1 hour. This rapid processing time is a significant advantage for traders seeking funds.
How to initiate a withdrawal
Platform entry. Begin by signing into Binarycent, either through your PC or mobile browser. Once you're in, locate and tap on your user icon, found at the top right corner of the screen.
How to withdraw money from Binarycent
Withdrawal navigation. Direct your attention to the platform's left-hand side. There, you'll spot an option labeled "Withdraw Funds." Engage with this option to proceed to the next step of the withdrawal process.
How to withdraw money from Binarycent
Payment selection. At this stage, pinpoint your desired payment method. Fill in the details, like the payment destination and the sum you intend to withdraw. Before finalizing, review your input for accuracy and then give your confirmation.
Tracking progress. Post withdrawal initiation, the platform offers a feature to oversee the transaction's progress. Stay updated, and once the platform completes the processing, your capital will be routed to the method you've chosen.
Conditions and requirements
Binarycent has set a minimum withdrawal amount of $50. As a platform licensed under the VFSC, Binarycent ensures the safety of your funds through advanced security measures, including SSL certificates and robust anti-virus protection. Before initiating a withdrawal, traders must submit all required legal documents, especially for tax purposes. It's also crucial that your bank account name aligns with your Binarycent account name. The platform places a strong emphasis on the security of withdrawal processes. During withdrawal, a dual verification process is conducted by both the bank and Binarycent, which includes email verification from Binarycent and OTP verification from the bank.
What is Binarycent's minimum withdrawal amount?
Binarycent has established a minimum withdrawal amount to maintain a structured and efficient withdrawal process. The set amount is $50. This means that traders must have at least this amount in their accounts to initiate a withdrawal. This threshold ensures the platform can efficiently handle withdrawal requests while encouraging traders to accumulate a reasonable sum before withdrawing.
What are Binarycent's withdrawal currencies?
Binarycent offers a range of currencies for withdrawal to cater to its global user base. The available currencies include USD (U.S. Dollar), EUR (Euro), CHF (Swiss Franc), and MBT (presumably a typo, likely meant BTC or Bitcoin). This variety ensures traders can choose a currency that best suits their financial needs and preferences.
FAQs
Can you make money on Binarycent?
Yes, traders can make money on Binarycent through their trading activities.
Is Binarycent a good broker?
Binarycent has established itself as a reputable broker, offering competitive commissions for binary options trading.
Is Binarycent a regulated broker?
Yes, Binarycent operates under the regulation of the Vanuatu Financial Services Commission (VFSC).
Is Binarycent available in the US?
No, Binarycent isn’t available in the U.S.
Team that worked on the article
Alamin Morshed is a contributor at Traders Union. He specializes in writing articles for businesses who want to improve their Google search rankings to compete with their competition.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).