Binomo supports and allows deposits and withdrawals using the following e-wallets:
- Jeton Wallet;
- PayTm;
- Binance Pay;
- Phone Pe by UPI.
Below are the steps on how to deposit from each e-wallet.
Jeton Wallet
- Tap the “Deposit” button in your dashboard’s upper right-hand corner.
- Select your country (India).
- Choose Jeton Wallet as your payment method.
- Enter the amount you want to deposit or click the amount of your choice.
- Click “Deposit”. This will take you to your Jeton Wallet account login page.
- Login to Jeton Wallet. You may log in using your access details, such as your User ID, email, and password, or you may choose to scan a QR code to gain access to their system.
- Select a currency.
- Click the “Pay with wallet” button.
- A “Payment successful” message will appear on your screen if your deposit has been a success.
To check the status of your deposit transaction at Jeton Wallet, open “Transaction history”.
PayTm
- Tap on the “Deposit” button in your dashboard’s upper right corner.
- Select your country and choose PayTM as your payment method.
- Enter the amount you wish to deposit, along with other details such as your mobile number and your first and last name.
- Click “Deposit”.
- On the next page, choose PayTm on the choices.
- Click “Pay”.
- Scan the QR code that appears using your PayTm application.
- On the choices, select PayTm balance.
- Click “Pay”.
- You will receive a payment confirmation message.
If you want to track the status of your PayTm deposit, simply click the “Transaction history” tab.
Binance Pay
- Click the “Deposit” button in your dashboard’s upper right-hand corner.
- Select your country (India) and choose Binance Pay as your payment method.
- Click or enter the amount you want to deposit in your Binomo account.
- Click the “Deposit” button.
- Scan the QR code through the Binance app or log in and pay.
You will receive the message “Payment was successful” if your deposit is credited to the account.
Phone Pe by UPI
- Click the “Deposit” button and select India in “Country”.
- Choose Phone Pe as your payment method.
- Enter the amount you want to deposit in your Binomo account, along with your first and last names.
- Click the “Deposit” button. It will take you to the Phone Pe payment page.
- Enter your registered number to log into the Phone Pe account and click “Send OTP to Login”.
- Select how you want to complete the payment. You can choose to use your Phone Pe wallet balance, your bank card, or through UPI.
- Click the “Pay” button. It will take you to your bank’s page.
- Enter the OTP sent to your registered mobile number and click “Submit” to complete the payment. You can also opt to complete the payment by scanning the QR code in the Phone Pe app. If you have chosen to use UPI, you will receive a payment request in your UPI app.
After completing payment, you will be redirected back to the Binomo platform.
Conclusion
Depositing and withdrawing money from Binomo in India is most straightforward with an e-wallet. And this is confirmed by thousands of traders! However, be vigilant while trading because an incorrect forecast can lead to the loss of invested funds. Grow on yourself, train your skills, and practice on a demo account to reduce this risk.