STOP - Banc De Binary is closed!
Banc De Binary is no longer available. Banc De Binary is closed since January 9, 2017. Main reason was due to bad press coverage.
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Many traders are trying to deposit or withdraw money from Banc de Binary using PayPal. If PayPal is your only payment option, though, you might be in for a surprise. Learn more about Banc de Binary PayPal here.
For security reasons, Banc De Binary does not offer payments or withdrawals via PayPal. There is a good reason for that policy:
To withdraw money, you can use bank wire transfer, Skrill / Moneybookers, or Credit Card. PayPal is nothing but a mediator between your bank account or your credit card and the service you want to deposit money in or withdraw money from. By not offering PayPal, Banc de Binary does therefore not limit your de facto payment options.
PayPal does, however, some security problems. For Banc de Binary it is difficult to check whether a PayPal account used is really your PayPal account and not the PayPal account of some hacker who is trying to steal your money. Therefore,
With credit card and bank wire transfer, those problems are not an issue. Your bank account is personalized and in your name. And with your credit card, you need to send in a picture of the credit card after registering. This proofs that this is your credit card and the only credit Banc de Binary should deposit or withdraw money from.
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