uBinary is a relative new platform that was launched 2 years ago, in 2011. From the start, uBinaryhas solely focused on providing clients with a simple and easy-to-use platform for binary trading options.
Besides trading, uBinary also ensures that the withdrawal and deposit processes are also safe and easy for traders to use. When you start trading, the only initiative that everyone has is to make money. As a result, all platforms try their best to establish a secured and reliable withdrawal system so that traders can access their account anytime. Below you will find some important features of the withdrawal process at uBinary.
Important Features Regarding uBinary Withdrawal Process
It is compulsory to submit documentations. Submission of certain documents is required for the verification of the trader’s identity. Normally, you only need to submit these documents on making the first withdrawal or proof. However, because of the anti-money laundering and fraud prevention policy of the platform, they may still ask you to prove your identity anytime they find it necessary. For more information, read uBinary Review!
At uBinary, the minimum withdrawal limit is around $10. This level of minimum withdrawal offers traders easy access to their money. However, if you avail the 30 per cent bonus, you need to trade it for a specific number of times before you can withdraw it.
Withdrawals can be made through many methods. uBinary provides traders with all four basic transfer methods in order to make their service easy and universal for all people. These four methods include transfer via credit cards, bank transfer, PayPal account transfer and eWallets. The eWallet service is available for all of the major service providers such as Moneybookers, Skrill, etc.
Time for withdrawals to be completed. Although there is no specific period mentioned concerning the withdrawal process, it normally takes from 5 to 7 days for the money to appear in your account. uBinary does not mention a specific period because of the high security, which might delay the process for a few more days. In most cases, the withdrawal requests will be processed and completed in less than 5 days.
Adaption of multiple fiscal policies. Since uBinary offers trading opportunities to people from a variety of countries, the withdrawal process is therefore designed in a manner to comply with the fiscal policies of any country. This adaption helps reduce the efforts on the traders’ part.
Withdraw money using the same method you use for depositing money. Because of the security terms and regulations of the platform, you need to withdraw money via the same method you use to deposit money. This rule is applicable for all methods. Moreover, the account to which the money is to be withdrawn to should be in the name of the trader himself.