Traders who face Binarium withdrawal problems, including the payout limits and 10% fee, can solve these problems by upgrading their account level to Business, Premium, or VIP.
What are Common Binarium Withdrawal Issues?
Binary option traders who work with Binarium broker face issues that they must fix in order to submit their payout requests.
Most of these problems have simple solutions, which we will cover in this article.
Common Binarium withdrawal problems:
- Withdrawal limits
- Withdrawal fees
Withdrawal Limits
The first problem is the withdrawal limits. If you're using Bitcoin or Ethereum, the minimum payout is $90. For Tether (ERC-20), the minimum is $500.
Each account type has limits that restrict traders from choosing some of the Binarium deposit and withdrawal methods. Binarium accounts withdrawal limits:
- Start: $55
- Standard: $55
- Business: $100
- Premium: $250
- VIP: $15,000
Based on this, traders with Starter and Standard accounts can’t receive profits using BTC, ETH, and Tether on the Ethereum network.
To cash out using these methods, upgrade your account to Business, which requires a $500 to $2,000 deposit.
Binarium Withdrawal Fees
Traders must pay a fee if they don’t have the 2X turnover on initial deposit amount plus bonuses.
If you don't meet this requirement, a 10% fee will be applied to your transaction amount.
TF Expert Suggestion
If you're using a Starter or Standard account, you might run into Binarium withdrawal problems when withdrawing Bitcoin or Ethereum, as the minimum withdrawal limit is $55.
The best way to fix this is to upgrade your account to Business by depositing at least $500.
If you've already upgraded but still have issues, check the Binarium support article on the Binarium tutorial page for detailed instructions on contacting customer support.