Binomo Deposit

How to Deposit at Binomo

How to Deposit via Bank card?

You can use any bank card that was issued for you to fund your Binomo account. It can be a personalized or non-personalized card (without the cardholder’s name on it), a card in a currency different from the one your account uses.

In most cases, funds are credited within an hour or even instantly. Sometimes, however, it may take longer depending on your payment service provider. Please check the payment processing time for your country and card brand before contacting Binomo support.

Quick guide

1. Click the "Deposit" button in the top right corner.
2. Select your region from the drop-down "Country" menu.
3. Choose a card brand (i.e. Visa, Mastercard).
4. Select a recommended deposit amount or type in a custom sum.
5. Fill in the card details, then click "OK".
6. Wait for the confirmation code sent in SMS or push notification, then enter it to finish the payment.
7. If the payment is successful, youll be redirected to the page with the transaction details.

Turkey (Visa / Mastercard / Maestro)

You can only use this payment method if you:

• Have Turkish citizenship (with full ID);
• Use a Turkish IP address;

Remember!

• You can make only 5 successful transactions a day;
• You have to wait for 30 minutes after making a transaction to make another one.
• You can use only 1 Turkish ID to replenish your account.

You can also use other payment methods.

1. Сlick the “Deposit” button in the right top corner of the screen.

2. Choose “Turkey” in the “Country” section and select the “Visa / Mastercard / Maestro” payment method.

3. Choose the deposit amount, enter your first and last name, and press the “Deposit” button.

4. Fill in your card information and click the “Yatır” button.

5. An SMS with a code will be sent to your mobile phone. Enter the code and click “Onay”.

6. Your payment was successful. You’ll be automatically redirected to the next page.

7. You can go back to Binomo by clicking the "Siteye Geri Dön” button.

8. To check the status of your transaction, go to the “Transaction history” tab and click on your deposit to track its status.

Arabic countries (Visa / Mastercard / Maestro)

1. Click on the "Deposit" button in the right top corner.

2. Choose your country in the “Сountry” section and select “Visa”, “Mastercard/Maestro” method.

3. Сhoose the amount to deposit.

4. Fill in your bank card details and click on the ”Pay” button.

5. Confirm the payment with a one-time password code received in an SMS message.

6. If the payment was successful you will be redirected to the following page with the amount of the payment, date and transaction ID indicated:

Kazakhstan (Visa / Mastercard / Maestro)

1. Click on the "Deposit" button in the right top corner.

2. Choose “Kazakhstan” in the “Сountry” section and select “Visa / Mastercard / Maestro” method.

3. Сhoose the amount to deposit.

4. Fill in your bank card details and click on the “Pay” button.

If your card is issued by Kaspi Bank, then please check in the mobile app that you have activated the payment option on the Internet, and you have not reached your limit. You can also expand the limit in your mobile app.

Also your bank can decline transaction, to avoid it please follow this information:
5. Enter a one time password from your bank to complete the transaction.

6. If the payment was successful you will be redirected to the following page with the amount of the payment, date and transaction ID indicated:

Ukraine (Visa / Mastercard / Maestro)

1. Click on the "Deposit" button in the right top corner.

2. Choose “Ukraine” in the “Сountry” section and select “Mastercard/Maestro” or “Visa” method depending on the one you use.

3. Сhoose the amount to deposit.

4. Fill in your bank card details and click on the“Pay” button.

5. Confirm the payment with a one-time password code received in an SMS message.

6. If the payment was successful you will be redirected to the following page with the amount of the payment, date and transaction ID indicated:

How to Deposit via E-wallet?

 

AstroPay Card

1. Сlick the “Deposit” button in the top right corner of the screen.

2. Choose your country in the “Country” section and select the “AstroPay” payment method.

3. Enter the deposit amount and click the “Deposit” button.

4. Click “I already have an AstroPay card”.

5. Enter your AstroPay card information (card number, expiration date, and verification code). Then click “Confirm Deposit”.

6. Your deposit has been processed successfully. Click “Back to Dolphin Corp”.

7. Your deposit is confirmed! Click “Continue trading”.

8. To check the status of your transaction, click the “Deposit” button in the right top corner of the screen and then click on the “Transaction history” tab.

9. Click on your deposit to track its status.

CASHU

1. If you have zero balance in your CashU eWallet you should contact a legal vendor in your country using this link : https://www.cashu.com/site/en/topup

(if you have enough balance skip this step).

Click on the "Deposit" button in the right top corner.

2. Choose your country in the “Сountry” section and select “CASHU” method.

3. Сhoose the amount to deposit, enter your First and Last names and click on the “Deposit” button.

4. Choose “CASHU” to continue.

5. Choose “Yes” to continue.

6. Enter the required information (login and password of your eWallet), click the box “I am a human” and click “Pay” button to continue.

7. The new tab with “Payment Successful” will open.

8. The information about your deposit will be in the “Transaction history” page in your account.

Advcash

1. Click on the "Deposit" button in the right top corner.

2. Choose your country in the “Сountry” section and select “Advcash” method.

3. Сhoose the amount to deposit.

4. You will be redirected to Advcash payment method, click on the “Go to payment” button.

5. Enter the email address, password of your Advcash account and click on the “Log in to Adv” button.


6. Select the currency of your Advcash account and click on the “Continue” button.

7. Confirm your transfer by clicking on the “Confirm” button.

8. The confirmation of your transaction will be sent to your email. Open your email box and confirm it in order to complete the deposit.

9. After the confirmation you will get this message about the successful transaction.

10. You will get the details of completed payment.

11. The confirmation of your deposit process will be in the “Transaction history” page in your account.

Neteller

 
1. Click on the "Deposit" button in the right top corner.

2. Choose your country in the “Сountry” section and select “Neteller” method.

3. Сhoose the amount to deposit and click on the “Deposit” button.

4. Copy the email address and click on the “Next” button.

5. Go to Neteller’s website and log in to your account.

6. In the “Money Transfer” section, insert the email address shown in Binomo’s website (step 4), and click on the “Continue” button to proceed.

7. Enter the amount you chose in Binomo (step 3) and click on the “Continue” button to proceed.

8. Review the details of your transfer. If everything is correct, click on the “Confirm” button to confirm the transaction, and proceed.

9. You will be asked to enter your Secure ID to complete your transaction, insert it and click on the “Confirm” button to proceed.

10. The confirmation of your transaction will appear. Now back to the Binomo deposit page.

11. Insert the transaction ID, that can be found in your Neteller account in the “Transaction ID” field, and click on the “Confirm” button to proceed.

12. The confirmation of the successful payment will appear.

13. You can check the status of your transaction in the “Transaction history” section.

Skrill

1. Click on the "Deposit" button in the right top corner.

2. Choose your country in the “Сountry” section and select “Skrill” method.

3. Сhoose the amount to deposit and click on the “Deposit” button.

4. Click on “Copy” button to copy Binomo`s Skrill account email. Then click “Next” button.
Or you can click “How to make a deposit” to get a GIF instruction.

5. You need to enter a Skrill transaction ID. In order to do that, open your Skrill account then send funds to the Binomo account that you copied the address.


5.1 Open your Skrill account, click “Send” button and choose “Skrill to Skrill” option.

5.2 Paste Binomo email address you copied before and click “Continue” button.

5.3 Enter the amount you want to send then click “Continue”.

5.4 Click to “Confirm” button to continue.

5.5 Enter PIN code then click “Confirm” button.

5.6 Funds sent. Now you need to copy a transaction ID, follow the Transactions page.

5.7 Choose the transaction that you sent to Binomo account and copy the transaction ID .

6. Back to Binomo page and paste the transaction ID to the box. Then click “Confirm”.

7. The confirmation of your deposit process will appear. Also information about your deposit will be in the “Transaction history” page in your account.

How to Deposit via Bank transfer

1. Сlick the “Deposit” button in the top right corner of the screen.

2. Choose “India” in the “Country” section and select the “Ola Money” payment method as an example.

3. Enter the deposit amount, your first and last name, and click the “Deposit” button.

4. You will be redirected to the Ola Money payment page. Log into your account by entering your registered mobile number and then click “Continue”. Enter the OTP and click “Verify.

5. You can complete the payment with your Ola Money wallet balance, your bank card, or through Net Banking. Click the “Pay” button once you’ve selected your payment method and filled in the required fields.

6. You will be redirected to your bank’s page. Complete the payment by entering the OTP.

7. Once you’ve successfully completed the payment, you will be redirected back to Binomo.

8. To check the status of your transaction, click the “Deposit” button in the top right corner of the screen and then click on the “Transaction history” tab.

9. Click on your deposit to track its status.

Frequently Asked Questions (FAQ)

Is that safe to send you funds?

Its totally safe if you deposit through the "Cashier" section on the Binomo platform ("Deposit" button in the top right corner). We only cooperate with trusted payment service providers that comply with security and personal data protection standards, such as 3-D Secure or the PCI standard used by Visa.

In some cases, when making a deposit, youll be redirected to our partners websites. Dont worry. If youre depositing through "Cashier", its completely safe to fill in your personal data and send funds to CoinPayments or other payment service providers.

How to deposit with a non-personalized card?

Non-personalized bank cards dont specify the cardholders name. It doesnt matter whether you have a personalized or non-personalized card, in both cases, youll be able to fund your Binomo account. The only necessary condition here is that the card has to be yours, and you should confirm the ownership. For that, send one of the following documents to [email protected] or via live chat:

• Bank reference with a signature and stamp;

• Statement from the banking service with a signature and stamp;

• Screenshot of your account from the bank app or online service.

Important! The cardholder’s name and card number should be visible. The documents must be sent from the email you specified on registering. You can also attach them to a message in the support chat. We accept documents in the following formats: .pdf, .jpg, .png, .bmp.

Cant deposit with a bank card, what do I do?

If you encounter an error or cant complete the payment for some other reason, try the following:

• Check if youve specified correctly your country of residence both in the "Personal details" section ("Profile" in the mobile app) and in your payment order. It should match the cardholders country of residence.

• Check if youve selected the correct card brand (i.e. Visa, Mastercard).

• Check thoroughly the card number and other payment details.

• Check if youve entered the SMS confirmation code correctly; try requesting and entering another code.

• Clear cache and cookies in your browser; try using a different browser or device.

You can also transfer funds and use another payment method to top up your Binomo account or contact our support team for assistance.

My deposit didn’t go through, what do I do?

All unsuccessful payments fall under these categories:

• Funds haven’t been debited from your card or wallet. The flowchart below shows how to solve this problem.

• Funds have been debited but not credited to the Binomo account. The flowchart below shows how to solve this problem.

In the first case, check the status of your deposit in the “Transaction history”.

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. Then click the “Transaction history” tab.

In the mobile app: Open the left side menu, choose the “Balance” section.

If the status of your deposit is “Pending”, follow these steps:

1. Check the instruction on how to deposit with your payment method in the Deposit section of the Help Center to make sure you didn’t miss any steps.

2. If the processing of your payment takes longer than a business day, contact your bank or digital wallet provider to help you indicate the problem.

3. If your payment provider says that everything is in order, but you still haven’t received your funds, contact us at [email protected] or in the live chat. We will help you to resolve this issue.

If the status of your deposit is “Rejected” or “Error”, follow these steps:

1. Click on the rejected deposit. In some cases, the rejection reason is indicated, like in the example below. (If the reason is not indicated or you don’t know how to fix it, go to step 4)

2. Resolve the problem, and double-check your payment method. Make sure it’s not expired, you have sufficient funds, and you’ve entered all the required information correctly, including your name and SMS confirmation code. We also recommend checking the instruction on how to deposit with your payment method in the Deposit section of the Help Center.

3. Send your deposit request again.

4. If all the details are correct, but you still cannot transfer funds, or if the rejection reason is not indicated, contact us at [email protected] or in the live chat. We will help you to resolve this issue.

In the second case, when the funds have been debited from your card or wallet, but you haven’t received them within a business day, we’ll need to confirm the payment to track your deposit.

To help us transfer your deposit to your Binomo account, follow these steps:

1. Collect a confirmation of your payment. It can be a bank statement or a screenshot from the banking app or online service. Your first and last name, the card or wallet number, the payment sum, and the date it’s been made should be visible.

2. Collect a transaction ID of that payment on Binomo. To obtain transaction ID, follow these steps:

• Go to the “Transaction history” section.

• Click on the deposit that has not been debited to your account.

• Click the “Copy transaction” button. Now you can paste it in a letter to us.

3. Send the confirmation of payment and a transaction ID to [email protected] or in a live chat. You can also briefly explain the problem.

And do not worry, we will help you track your payment and transfer it to your account as quickly as possible.

How much time does it take for funds to be deposited into my account?

When you make a deposit, it becomes assigned with a status. You can check the status of your deposit in the “Transaction History” section.

1. Click on your profile picture in the top right corner of the screen and choose the “Cashier” tab in the menu. Then click the “Transaction history” tab.

For mobile app users: open the left side menu, choose the “Balance” section.

2. Click on your deposit to see its status and estimated processing time.

Deposit transaction possible statuses

Pending – this status means that the payment provider is processing your transaction at the moment. The provider may possibly wait for some additional actions from your side, so please make sure that you’ve completed all the necessary steps.

Each payment provider has its own processing period. Click on your deposit in the “Transaction History” section to find the information about the average transaction processing time (generally relevant), and the maximum transaction processing time (relevant in the minority of cases).

If you’re waiting for the funds to be credited longer than 1 business day, click “Waiting for more than N days?” (“Contact support” button for mobile app users), and we will help you to track your deposit.

You can also refer to the “My deposit didn’t go through, what do I do?” article to figure out the problem.

• Completed – your transaction was successfully processed by the payment provider. The funds were credited to your account.

• Rejected – your transaction was canceled due to non-compliance with any conditions. In some cases, the rejection reason is indicated when you click on your deposit. Refer to the “My deposit didn’t go through, what do I do?” article to solve this problem or contact us at [email protected] . We will help you to resolve this issue.

How do I fund my account with a card (wallet) in a different currency?

No need to do anything special: just make a deposit using the "Cashier" section on the Binomo platform ("Deposit" button in the top right corner). The funds will be automatically converted to the currency your Binomo account uses.

Binomo never charges you any currency conversion fee. Funds are exchanged at the current rate of the bank serving the payment. You will always be able to check the amount in the target currency before confirming the payment.

Do you charge for depositing?

Binomo never takes any fee or commission for depositing funds. Its quite the opposite: you can get a bonus for topping up your account. However, some payment service providers may apply fees, especially if your Binomo account and payment method are in different currencies.

Transfer fees and conversion losses vary greatly depending on your payment provider, country, and currency. Its usually specified on the providers website or displayed during the transaction order.

Can I deposit with a card that isnt mine?

Using payment methods that dont belong to you is prohibited by the Client Agreement. You should only deposit and withdraw to cards and wallets that are officially yours.

You can use a non-personalized card (a card without a name on it) if its been issued for you. With this type of card, you should still enter your real name when ordering payment.

When the funds will be credited to my account?

Most payment systems process transactions instantly after the confirmations been received, or within a business day. Not all of them, though, and not in every case. The actual completion time depends heavily on the payment provider. Usually, the terms are specified on the providers website or displayed during the transaction order.

If your payment remains "Pending" for more than 1 business day, or it is completed, but the funds have not been credited to your account, please contact us at [email protected] or in the live chat.
 

How to Trade at Binomo

What is an asset?

An asset is a financial instrument used for trading. All trades are based on the price dynamic of a chosen asset. There are different types of assets: goods (GOLD, SILVER), equity securities (Apple, Google), currency pairs (EUR/USD), and indices (CAC40, AES).

To choose an asset you want to trade on, follow these steps:

1. Click on the asset section in the top left corner of the platform to see what assets are available for your account type.

2. You can scroll through the list of assets. The assets that are available to you are colored white. Click on the assest to trade on it.

3. If you’re using the web version of a platform, you can trade on multiple assets at once. Click on the “+” button left from the asset section. The asset you choose will add up.

How to open a trade?

When you trade, you decide whether the price of an asset will go up or down and get additional profit if your forecast is correct.

To open a trade, follow these steps:

1. Select an account type. If your goal is to practice trading with virtual funds, choose a demo account. If you’re ready to trade with real funds, choose a real account.

2. Select an asset. The percentage next to the asset determines its profitability. The higher the percentage – the higher your profit in case of success.

Example. If a $10 trade with a profitability of 80% closes with a positive outcome, $18 will be credited to your balance. $10 is your investment, and $8 is a profit.

Some asset’s profitability may vary depending on the expiration time of a trade and throughout the day depending on the market situation.

All trades close with the profitability that was indicated when they were opened.
 

Please note that the income rate depends on the trading time (short – under 5 minutes or long – over 15 minutes).

3. Set the amount you’re going to invest. The minimum amount for a trade is $1, the maximum – $1000, or an equivalent in your account currency. We recommend you start with small trades to test the market and get comfortable.

4. Select an expiration time for a trade
Expiration time is the time to end the trade. There’s a lot of expiration time for you to choose: 1 minute, 5 minutes, 15 minutes, etc. It is safer for you to begin with a 5-minute time period, and 1$ for each trading investment.

Please note that you choose the time the trade will close, not its duration.
Example. If you chose 14:45 as your expiration time, the trade would close exactly at 14:45.

Also there’s a line that shows the purchase time for your trade. You should pay attention to this line. It lets you know if you can open another trade. And the red line marks the end of the trade. At that time, you know the trade can get additional money or can not get.

5. Analyze the price movement on the chart and make your forecast. Click on the green button if you think the price of an asset will go up, or the red button if you think it will go down.

6. Wait for the trade to close to find out whether your forecast was correct. If it was, the amount of your investment plus the profit from the asset would be added to your balance. In case of a tie – when the opening price equals the closing price – only the initial investment would be returned to your balance. If your forecast was incorrect – the investment would not be returned.

Where can I find the history of my trades?

There is a history section, where you can find all the information about your open trades and trades you’ve concluded. To open your trade history, follow these steps:

In the web version:

1. Click the “Clock” icon on the left side of the platform.

2. Click on any trade to see more information.

In the mobile app:
1. Open a menu.

2. Choose the “Trades” section.

Note. The trade history section can help you improve your trading skills by regularly analyzing your progress

How to calculate trading turnover?

Trading turnover is the sum of all trades since the last deposit.
There are two cases when trading turnover is used:

• You made a deposit and decided to withdraw funds before trading.
• You used a bonus that implies a trading turnover.

In the first case, when you top your account and decide to withdraw before your trading turnover is double the amount you’ve deposited, there is a possibility of a 10% commission. To avoid this commission, you have to complete a trading turnover.

Example. A trader deposited $50. The amount of trading turnover for the trader will be $100 (double the deposit amount). When trading turnover is completed, a trader can withdraw funds without commission.

In the second case, when you activate a bonus, you have to complete trading turnover to withdraw funds.
Trading turnover is calculated by this formula:

the amount of the bonus multiplied by its leverage factor.
A leverage factor can be:

• Specified in the bonus.
• If it’s not specified, then for bonuses that are less than 50% of the deposit amount, the leverage factor would be 35.
• For the bonuses that are more than 50% of the deposit, it would be 40.

Example. A trader deposits $100 and uses a bonus for a 60% increase on the deposit. They will receive $60 in bonus funds. In this case, since the bonus exceeds 50% of the deposit, the leverage factor will be 40. The sum of trading turnover will be: $60 * 40 = $2,400.

Note. Both successful and unsuccessful trades count for trading turnover, but only the asset’s profitability is taken into account; investment is not included.

How to read a chart?

The chart is the trader’s main tool on the platform. A chart displays the price dynamic of a chosen asset in real-time.

You can adjust the chart according to your preferences.

1. To choose a chart type, click on the chart icon in the lower-left corner of the platform. There are 4 chart types: Mountain, Line, Candle, and Bar.
Note. Traders prefer the Candle chart because it’s the most informative and useful.

2. To choose a time period, click on a time icon. It determines how often the new price changes in the asset are displayed.

3. To zoom in and out on a chart, press the “+” and “-” buttons or scroll the mouse. Mobile app users can zoom in and out on a chart with their fingers.

4. To see older price changes drag the chart with your mouse or finger (for mobile app users).

How to use indicators?

Indicators are visual tools that help track changes in price movements. Traders use them to analyze the chart and conclude more successful trades. Indicators go alongside different trading strategies.

You can adjust indicators in the bottom left corner of the platform.

1. Click on the “Trading instruments” icon.

2. Activate the indicator you need by clicking on it.

3. Adjust it the way you want and press “Apply”.

4. All active indicators will appear above the list. To remove active indicators, press the trash bin icon. Mobile app users can find all active indicators on the “Indicators” tab.

Frequently Asked Questions (FAQ)

Can I close a trade before expiration time?

When you trade with the Fixed Time Trades mechanics, you choose the exact time the trade will be closed, and it cannot be closed earlier.

However, if you’re using CFD mechanics, you can close a trade before the expiration time. Please note that this mechanics is only available on the demo account.

How to switch from a demo to a real account?

To switch between your accounts, follow these steps:

1. Click on your account type in the top corner of the platform.

2. Choose “Real account”.

3. The platform will notify you that you are now using real funds. Click “Trade”.

How to be efficient in trading?

The main goal of trading is to correctly forecast the movement of an asset to get additional profit.
Every trader has their own strategy and a set of tools to make their forecasts more precise.

Here are a few key points to a pleasant start in trading:

1. Use the demo account to explore the platform. A demo account allows you to try out new assets, strategies, and indicators without financial risks. It’s always a good idea to come into trading prepared.
2. Open your first trades with small amounts, for example, $1 or $2. It will help you test the market and gain confidence.
3. Use familiar assets. This way, it will be easier for you to predict the changes. For example, you can start with the most popular asset on the platform – EUR/USD pair.
4. Don’t forget to explore new strategies, mechanics, and techniques! Learning is trader’s best tool.

What does time remaining mean?

The time remaining (time to buy for mobile app users) shows how much time there is left to open a trade with selected expiration time. You can see the remaining time above the chart (on the web version of the platform), and it’s also indicated by a red vertical line on the chart.

If you change the expiration time (the time the trade ends), the time remaining will also change.

Why are some assets not available to me?

There are two reasons why certain assets are not available to you:

• The asset is only available to traders with an account status Standard, Gold, or VIP.
• The asset is only available on certain days of the week.

You can find the list of available assets for your account status by clicking on the asset section on the platform and scrolling down.

Note. The availability depends on the day of the week and may also change throughout the day.

What is a time period?

A time period, or a time frame, is a period during which the chart is formed.
You can change the time period by clicking on the icon in the lower-left corner of the chart.

The time periods are different for chart types:

• For the “Candle” and “Bar” charts, the minimum period is 5 seconds, the maximum – 30 days. It displays the period during which 1 candle or 1 bar is formed.
• For the “Mountain” and “Line” charts – the minimum period is 1 second, the maximum is 30 days. The time period for these charts determines the frequency of displaying the new price changes.

Note. The larger the time period, the more visible the major trends in price movement are. The smaller the time period, the more visible current, local trends.