To start earning extra income on the Binomo trading platform, you need to make a minimum deposit. There are many payment options available to traders from Brazil, so there are usually no problems with the choice. In this article, we will tell you all about how to deposit and withdraw cash from Binomo via Bank Transfer.
- Bank transfer
- PIX
- Deposit funds from PIX to Binomo
- Withdrawal of funds from Binomo to PIX
- Boleto Bancário
- Deposit funds from Boleto Bancário to Binomo
- Withdrawal of funds from Binomo to Boleto Bancário
- Other payment methods
- Loterica
- Deposit funds from Loterica to Binomo
- Withdrawal of funds from Binomo to Loterica
- Boleto Rapido
- Deposit funds from Boleto Rapido to Binomo
- Withdrawal of funds from Binomo to Boleto Rapido
- Conclusion
Bank transfer
Bank transfer is one of the most popular ways to invest in the Binomo platform. To fund your account with it, just follow the simple steps below:
- Click the “Deposit” button in the top-right corner.
- Select Brazil in the “Country” field.
- Select “Bank Transfer” among the deposit options available for your region.
- Specify the amount to invest. Note that the minimum deposit is $10 or equivalent in Brazilian real.
- Enter your name as the bank account holder and tap the “Deposit” button.
- In the new window, enter your CPF, accept the terms of the transaction and select the form of payment.
- Fill in all required details and click the “Debit” button.
- Make the transfer from any bank to the selected account and send the deposit receipt. Note that the origin bank account must belong to the same CPF the user informed.
- After you have sent the receipt, click the “Complete deposit” button.
You can track the deposit status in the “Transaction history” section on Binomo.
Now, let’s learn the deposit and withdrawal processes relevant to specific deposit options.
PIX
Traders from Brazil can deposit and withdraw cash from the trading platform using PIX. Read detailed instructions below.
Deposit funds from PIX to Binomo
Read below to learn the step-by-step process on how to deposit in Binomo from the PIX account:
- Click the “Deposit” button in the top-right corner of the screen.
- Specify Brazil as your country, and click the “PIX” in the “Deposit method” section.
- Specify the deposit amount, and tap the “Deposit” button.
- Enter personal data (name, email, phone number, CEP, CPF), and click “Confirm”.
- A QR code will be generated. Copy it or scan it with your mobile.
- Log in to your bank account and click “PIX”. Tap “Scan QR Code” and scan it with your phone camera.
- Check if all the information is correct and tap “Pay now”.
- Enter your PIN to confirm the payment.
- To check the status, visit the “Transaction history” section.
Now you just have to wait for the funds to be credited to the trading platform. If your account hasn’t topped up within 24 hours, or you face another problem, write to managers at support@binomo.com.
Withdrawal of funds from Binomo to PIX
You can withdraw your additional income to PIX if you have deposited from it. All you need to do is:
- Click your profile icon and go to the “Cashier” section.
- Proceed to the “Withdraw funds” tab.
- Enter the desired amount, and select “Bank transfer”.
- Fill in the details of your PIX account.
- Click the “Request withdrawal” button.
Once your request is approved, the funds will be credited to your account within three business days (or more). The final crediting time depends on the payment provider.
Boleto Bancário
Boleto Bancário is one of the most popular payment methods regulated by the Central Bank of Brazil. Let’s take a closer look at how to invest in the Binomo platform and withdraw extra income through it.
Deposit funds from Boleto Bancário to Binomo
To deposit cash to your Binomo account, follow the simple instructions below:
- Click the “Deposit” button.
- State Brazil in the “Country” line.
- Choose Bank transfer in the next section.
- Enter your name as the bank account holder and tap the “Deposit” button.
- In the new window, select Boleto Bancário.
- Fill in your personal information (CEP, address, mobile number, etc.).
- Click the “Debit” button.
- Make the transfer from any bank to the selected account and send the deposit receipt. Note that the origin bank account must belong to the same CPF the user informed.
- After you have sent the receipt, click on the “Complete deposit” button.
The process is completed, and you can track your deposit status in the “Transaction history” tab. Confirmation of payment will take place within 24 hours and may extend up to 72 hours.
Withdrawal of funds from Binomo to Boleto Bancário
The withdrawal process to Boleto Bancário is similar to PIX, but let’s go over the main points:
- Click the “Deposit” button in the top-right corner.
- Go to the “Withdraw funds” section.
- Enter the payout amount.
- Select “Bank transfer” and fill in all the details of your Boleto Bancário account.
- Tap “Request withdrawal”.
The withdrawal process has been initiated, and your funds will be in your Boleto Bancário account within three business days or more. If more than a week has passed and you still have not received a payment, write to support.
Other payment methods
Let’s take a look at what other methods to fund a Binomo account are available to Brazilian traders.
Loterica
Loterica is one of the most demanded payment methods for Binomo traders. Let’s take a closer look at the transfer of funds using it.
Deposit funds from Loterica to Binomo
You may use the following steps to make a deposit to Binomo via Loterica:
- In the top-right corner of your desktop screen, click the “Deposit” button.
- State Brazil in the “Country” section and select Loterica in the payment methods list.
- Click “Deposit” after stating the amount you want to add to your account.
- Click the “Confirm” button after submitting your personal details like name, email address, phone number, CEP, and CPF.
- Head over to the nearest “Loterica” to make the payment after taking note of the “Agreement code” and your “CPF/CNPJ number” reflecting on the screen.
- Take a receipt, and your deposit transaction is completed.
It might take about one hour for funds to appear in your Binomo account.
Withdrawal of funds from Binomo to Loterica
Withdrawing funds is even faster and simpler than investing. You only need to follow the instructions below:
- Click the “Deposit” button or head to the “Cashier” section from the menu.
- Go to the “Withdraw funds” menu.
- After selecting the amount and clicking “Bank transfer”, fill in your Loterica account details.
- Push the “Request withdrawal” button.
You will receive your funds within three business days or more.
Boleto Rapido
Boleto Rapido is one of the most popular deposit options among Brazilian traders. If you plan to replenish your account and withdraw through it, the information below will be helpful.
Deposit funds from Boleto Rapido to Binomo
Next, we will explain how to deposit cash in Binomo from the Boleto Rapido account:
- Click the “Deposit” button to get to the “Cashier” section.
- Select Brazil as your country in the drop-down list.
- Choose Boleto Rapido as your payment method.
- State the amount to invest and click the “Deposit” button.
- Specify your name, email, phone number, CPF, and CEP.
- Click the “Confirm” button.
- Now, there’s an option to download Boleto by clicking “Save PDF”. Alternatively, you can scan the barcode from your banking application or copy the barcode.
- Now click “Payments” after logging into your bank account, and scan the barcode from your phone’s camera. Alternatively, you can click “Enter Numbers” in your bank application.
- On a new page, make sure the information entered is correct and click “Confirm”.
- It’s time to click “Next” after checking the amount.
- To finalize the transaction, click “Сomplete” and enter your 4-digit pin code.
The payment is completed, and you can track its status in the “Transaction history” tab.
Withdrawal of funds from Binomo to Boleto Rapido
To withdraw additional income from the Binomo trading account to Boleto Rapido, you just need to:
- Click the profile icon and select “Cashier”.
- Head over to the “Withdraw funds” tab.
- Enter the amount and tap “Bank transfer”.
- Fill in the data required to log in to the Boleto Rapido account.
- Click “Request withdrawal”.
Now all you have to do is wait for the funds to arrive.
Conclusion
Binomo offers its users from Brazil a variety of deposit methods to start real trading and withdraw extra income. However, you must be aware of the risk of losing part or even all of your investment if the forecast is incorrect. To reduce the risk, you should learn and practice on a demo account before making a deposit in any way available.