Binomo Deposit and Withdraw Funds in Malaysia

Binomo Deposit and Withdraw Funds in Malaysia

In the dynamic landscape of online trading, Binomo has emerged as a prominent platform for investors in Malaysia looking to participate in global financial markets. Central to the user experience on any trading platform are the processes of depositing and withdrawing funds. This article endeavors to provide Malaysian users with a comprehensive guide on navigating the deposit and withdrawal procedures on the Binomo platform, ensuring a smooth and efficient trading journey.


How to Deposit Funds in Binomo Malaysia

Deposit into Binomo Malaysia via Bank Transfer

Deposit on Binomo via Boost

1. Сlick the “Deposit” button in the top right corner of the screen.
Binomo Deposit and Withdraw Funds in Malaysia
2. Choose Malaysia as your country and select the “Boost” payment method.
Binomo Deposit and Withdraw Funds in Malaysia
3. Enter the deposit amount, your first name, your email, and click “Deposit”.
Binomo Deposit and Withdraw Funds in Malaysia
4. You’ll be transferred to the page with a QR code.
Binomo Deposit and Withdraw Funds in Malaysia
5. Go to the Boost app on your phone and tap on the “Scan” icon at the bottom of the screen. Tap on the “I Scan Them” button and scan the QR code from step 4.
Binomo Deposit and Withdraw Funds in Malaysia
6. Make sure the deposit amount is correct and tap “Pay”. Enter your PIN. Your payment was successful!
Binomo Deposit and Withdraw Funds in Malaysia
7. Click “OK” on the page with the QR code.
Binomo Deposit and Withdraw Funds in Malaysia
8. You can check the status of your deposit in the “Transaction history” on Binomo.
Binomo Deposit and Withdraw Funds in Malaysia

Deposit on Binomo via GrabPay

1. Сlick the “Deposit” button in the top right corner of the screen.
Binomo Deposit and Withdraw Funds in Malaysia
2. Choose Malaysia as your country and select the “GrabPay” method.
Binomo Deposit and Withdraw Funds in Malaysia
3. Enter the deposit amount, enter your email, and click “Deposit”.
Binomo Deposit and Withdraw Funds in Malaysia
4. You’ll be transferred to the payment provider’s page. Log into your GrabPay account.
Binomo Deposit and Withdraw Funds in Malaysia
5. Enter the OTP verification code that was sent to your phone.
Binomo Deposit and Withdraw Funds in Malaysia
6. Click “Pay” to confirm the payment.

Note. If you don’t have enough funds on your GrabPay balance, you will see the “Top Up” button. You can top up your GrabPay account and then continue to make a deposit.
Binomo Deposit and Withdraw Funds in Malaysia
7. Enter your GrapPay PIN.
Binomo Deposit and Withdraw Funds in Malaysia
7. Your payment was successful. You can go back to Binomo.
Binomo Deposit and Withdraw Funds in Malaysia
10. You can check the status of your deposit in the “Transaction history” on Binomo.
Binomo Deposit and Withdraw Funds in Malaysia

Deposit on Binomo via Bank Transfer

1. Сlick the “Deposit” button in the top right corner of the screen.
Binomo Deposit and Withdraw Funds in Malaysia
2. Choose “Malaysia” in the “Country” section and select the “Bank Transfer” payment method.
Binomo Deposit and Withdraw Funds in Malaysia
3. Enter the deposit amount and click “Deposit”.
Binomo Deposit and Withdraw Funds in Malaysia
4. You can make a deposit via any of the suggested banks. Choose a bank and click “Submit”.
Binomo Deposit and Withdraw Funds in Malaysia

5. Log into your bank account with your bank credentials.
Binomo Deposit and Withdraw Funds in Malaysia

6. Click “Request secure verification” to approve the payment from your phone and complete the transaction.
Binomo Deposit and Withdraw Funds in Malaysia
7. After the transaction is completed, click “Return to merchant” to go back to Binomo.
Binomo Deposit and Withdraw Funds in Malaysia
8. You’ll see the confirmation of your deposit. You can also check its status in the “Transaction history” on Binomo.
Binomo Deposit and Withdraw Funds in Malaysia

Deposit into Binomo Malaysia via E-wallets

Deposit on Binomo via Shopee

1. Сlick the “Deposit” button in the top right corner of the screen.
Binomo Deposit and Withdraw Funds in Malaysia
2. Choose Malaysia as your country and select the “Shopee” method.
Binomo Deposit and Withdraw Funds in Malaysia
3. Choose the deposit amount, enter your first and last name and email, and click “Deposit”.
Binomo Deposit and Withdraw Funds in Malaysia
4. You’ll see the page with the QR code. Make sure the currency and amount are correct and scan the code with the Shopee app on your phone within 5 minutes.
Binomo Deposit and Withdraw Funds in Malaysia
5. Open the Shopee app on your phone, tap the “ShopeePay” icon and then tap the ‘Scan’ icon. Scan the QR code from your PC screen or from a screenshot. Make sure to scan the code before it expires (within 5 minutes).
Binomo Deposit and Withdraw Funds in Malaysia
6. Tap the “Next” button and then tap “Pay now” to complete the payment.
Binomo Deposit and Withdraw Funds in Malaysia
7. Your payment was successful. You can go back to Binomo.
Binomo Deposit and Withdraw Funds in Malaysia
8. You can check the status of your deposit in the “Transaction history” on Binomo.
Binomo Deposit and Withdraw Funds in Malaysia

Deposit on Binomo via Touch And Go

1. Сlick the “Deposit” button in the top right corner of the screen.
Binomo Deposit and Withdraw Funds in Malaysia
2. Choose Malaysia as your country and select the “Touch And Go” method.
Binomo Deposit and Withdraw Funds in Malaysia
3. Enter the deposit amount, enter your email, and click “Deposit”.
Binomo Deposit and Withdraw Funds in Malaysia
4. You’ll see the page with the QR code. Make sure the currency and amount are correct and scan the code with the Touch And Go app on your phone within 5 minutes.
Binomo Deposit and Withdraw Funds in Malaysia
5. Open the Touch And Go app on your phone and tap the ‘Scan’ icon. Scan the QR code from your PC screen or from a screenshot. Make sure to scan the code before it expires (within 5 minutes).
Binomo Deposit and Withdraw Funds in Malaysia6. Tap the “Pay” button and enter your PIN to complete the payment.
Binomo Deposit and Withdraw Funds in Malaysia
7. Your payment was successful. You can go back to Binomo.
Binomo Deposit and Withdraw Funds in Malaysia
8. You can check the status of your deposit in the “Transaction history” on Binomo.
Binomo Deposit and Withdraw Funds in Malaysia

How to Withdraw Funds from Binomo

Withdraw Funds to a Bank Card on Binomo

Withdraw Funds to a Bank Card

Bank card withdrawals are only available for cards issued in Ukraine or Kazakhstan.

To withdraw funds to a bank card, you’ll need to follow these steps:

1. Go to the withdrawal in the “Cashier” section.

In the web version: Click on your profile picture in the top right corner of the screen and choose the “Cashier” tab in the menu.
Binomo Deposit and Withdraw Funds in Malaysia
Then click the “Withdraw funds” tab.
Binomo Deposit and Withdraw Funds in Malaysia
In the mobile app: Open a left side menu, and choose the “Balance” section. Tap the “Withdrawal” button.
Binomo Deposit and Withdraw Funds in Malaysia
2. Enter the payout amount and choose “VISA/MasterCard/Maestro” as your withdrawal method. Fill in the required information. Please note that you can only withdraw funds to the bank cards you’ve already made a deposit with. Click “Request withdrawal”.
Binomo Deposit and Withdraw Funds in Malaysia
3. Your request is confirmed! You can continue trading while we process your withdrawal.
Binomo Deposit and Withdraw Funds in Malaysia
4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for the mobile app users).
Binomo Deposit and Withdraw Funds in Malaysia
Note. It usually takes payment providers from 1 to 12 hours to credit funds to your bank card. In rare cases, this period may be extended up to 7 business days due to national holidays, your bank’s policy, etc.

If you’re waiting longer than 7 days, please, contact us in the live chat or write to [email protected]. We will help you track your withdrawal.
 

Withdraw funds to a non-personalized bank card

Non-personalized bank cards don’t specify the cardholder’s name, but you can still use them to credit and withdraw funds.

Regardless of what it says on the card (for example, Momentum R or Card Holder), enter the cardholder’s name as stated in the bank agreement.

Bank card withdrawals are only available for cards issued in Ukraine or Kazakhstan.

To withdraw funds to a non-personalized bank card, you’ll need to follow these steps:

1. Go to the withdrawal in the “Cashier” section.

In the web version: Click on your profile picture in the top right corner of the screen and choose the “Cashier” tab in the menu.
Binomo Deposit and Withdraw Funds in Malaysia
Then click the “Withdraw funds” tab.
Binomo Deposit and Withdraw Funds in Malaysia
In the mobile app: Open a left-side menu, choose the “Balance” section, and tap the “Withdraw” button.
Binomo Deposit and Withdraw Funds in Malaysia
2. Enter the payout amount and choose “VISA/MasterCard/Maestro” as your withdrawal method. Fill in the required information. Please note that you can only withdraw funds to the bank cards you’ve already made a deposit with. Click “Request withdrawal”.
Binomo Deposit and Withdraw Funds in Malaysia
3. Your request is confirmed! You can continue trading while we process your withdrawal.
Binomo Deposit and Withdraw Funds in Malaysia
4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for mobile app users).
Binomo Deposit and Withdraw Funds in Malaysia
Note. It usually takes payment providers from 1 to 12 hours to credit funds to your bank card. In rare cases, this period may be extended up to 7 business days due to national holidays, your bank’s policy, etc.

If you’re waiting longer than 7 days, please, contact us in the live chat or write to [email protected]. We will help you track your withdrawal.

Withdraw Funds via E-wallets on Binomo

Withdraw funds via Skrill

1. Go to the withdrawal in the “Cashier” section.

In the web version: Click on your profile picture in the top right corner of the screen and choose the “Cashier” tab in the menu.
Binomo Deposit and Withdraw Funds in Malaysia
Then click the “Withdraw funds” tab.
Binomo Deposit and Withdraw Funds in Malaysia
In the mobile app: Open a left-side menu, choose the “Balance” section, and tap the “Withdraw” button.
Binomo Deposit and Withdraw Funds in Malaysia
2. Enter the payout amount and choose “Skrill” as your withdrawal method and fill in your email address. Please note that you can only withdraw funds to the wallets you’ve already made a deposit with. Click “Request withdrawal”.
Binomo Deposit and Withdraw Funds in Malaysia
3. Your request is confirmed! You can continue trading while we process your withdrawal.
Binomo Deposit and Withdraw Funds in Malaysia
4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for the mobile app users).
Binomo Deposit and Withdraw Funds in Malaysia
Note. It usually takes payment providers up to 1 hour to credit funds to your e-wallet. In rare cases, this period may be extended to 7 business days due to national holidays, your payment provider’s policy, etc.
 


Withdraw Funds via Perfect Money

Go to the withdrawal in the “Cashier” section.

In the web version: Click on your profile picture in the top right corner of the screen and choose the “Cashier” tab in the menu.
Binomo Deposit and Withdraw Funds in Malaysia
Then click the “Withdraw funds” tab.
Binomo Deposit and Withdraw Funds in Malaysia
In the mobile app: Open a left-side menu, choose the “Balance” section, and tap the “Withdraw” button.
Binomo Deposit and Withdraw Funds in Malaysia
2. Enter the payout amount and choose “Perfect Money” as your withdrawal method. Please note that you can only withdraw funds to the wallets you’ve already made a deposit with. Click “Request withdrawal”.
Binomo Deposit and Withdraw Funds in Malaysia
3. Your request is confirmed! You can continue trading while we process your withdrawal.
Binomo Deposit and Withdraw Funds in Malaysia
4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for mobile app users).
Binomo Deposit and Withdraw Funds in Malaysia
Note. It usually takes payment providers up to 1 hour to credit funds to your e-wallet. In rare cases, this period may be extended to 7 business days due to national holidays, your payment provider’s policy, etc.
 


Withdraw funds via ADV cash

1. Go to the withdrawal in the “Cashier” section.

In the web version: Click on your profile picture in the top right corner of the screen and choose the “Cashier” tab in the menu.
Binomo Deposit and Withdraw Funds in Malaysia
Then click the “Withdraw funds” tab.


In the mobile app: Open a left-side menu, choose the “Balance” section, and tap the “Withdraw” button.
Binomo Deposit and Withdraw Funds in Malaysia
2. Enter the payout amount and choose “ADV cash” as your withdrawal method. Please note that you can only withdraw funds to the wallets you’ve already made a deposit with. Click “Request withdrawal”.

3. Your request is confirmed! You can continue trading while we process your withdrawal.
Binomo Deposit and Withdraw Funds in Malaysia
4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for the mobile app users).
Binomo Deposit and Withdraw Funds in Malaysia
Note. It usually takes payment providers up to 1 hour to credit funds to your e-wallet. In rare cases, this period may be extended to 7 business days due to national holidays, your payment provider’s policy, etc.

Withdraw Funds to a Bank Account on Binomo

Bank account withdrawals are only available for banks of India, Indonesia, Turkey, Vietnam, South Africa, Mexico, and Pakistan.

Please note!
  • You can’t withdraw funds from your Demo account. Funds can be cashed out from Real account only;
  • While you have a multiplied trading turnover you can’t withdraw your funds as well.
To withdraw funds to your bank account, you’ll need to follow these steps:

1. Go to the withdrawal in the “Cashier” section.

In the web version: Click on your profile picture in the top right corner of the screen and choose the “Cashier” tab in the menu.
Binomo Deposit and Withdraw Funds in Malaysia
Then click the “Withdraw funds” tab.
Binomo Deposit and Withdraw Funds in Malaysia
In the mobile app: Open a left-side menu, choose the “Balance” section, and tap the “Withdraw” button.
Binomo Deposit and Withdraw Funds in Malaysia
In the new Android app version: tap on the “Profile” icon at the bottom of the platform. Tap on the “Balance” tab and then tap “Withdrawal”.
Binomo Deposit and Withdraw Funds in Malaysia
2. Enter the payout amount and choose “Bank transfer” as your withdrawal method. Fill in the rest of the fields (you can find all the required information in your bank agreement or in a bank app). Click “Request withdrawal”.
Binomo Deposit and Withdraw Funds in Malaysia
3. Your request is confirmed! You can continue trading while we process your withdrawal.
Binomo Deposit and Withdraw Funds in Malaysia
4. You can always track the status of your withdrawal in the “Cashier” section, “Transaction history” tab (“Balance” section for the mobile app users).
Binomo Deposit and Withdraw Funds in Malaysia
Note. It usually takes payment providers from 1 to 3 business days to credit funds to your bank account. In rare cases, this period may be extended up to 7 business days due to national holidays, your bank’s policy, etc.

If you’re waiting longer than 7 days, please, contact us in the live chat or write to [email protected]. We will help you track your withdrawal.
 

Enhancing Binomo Deposit and Withdrawal Experiences for Malaysian Traders

In summary, the deposit and withdrawal processes on Binomo for Malaysian users are designed to be intuitive and streamlined, fostering a conducive environment for online trading. By following the steps outlined in this guide, Malaysian investors can confidently manage their funds on the platform, empowering them to focus on making informed trading decisions. As Binomo continues to evolve and expand its services in Malaysia, prioritizing the seamless flow of transactions remains paramount, further cementing its position as a trusted platform for online trading.
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