BinaryCent-Overview of Minimum Deposit, Spreads & Leverage
Abstract：Founded in 2016, Binarycent is an unregulated broker that specializes in cryptocurrency trading. Binarycent is registered in the Marshall Islands. Customers can learn that the leverage is up to 1:500, and the minimum deposit is $250. In terms of other details such as spread, account types, and trading platforms, its official website does not reveal.
| Binarycent Review Summary | |
| Founded | 2016 |
| Registered Country/Region | Marshall Islands |
| Regulation | No regulation |
| Market Instruments | Cryptocurrencies |
| Demo Account | / |
| Leverage | Up to 1:500 |
| Spread | / |
| Trading Platform | / |
| Minimum Deposit | $250 |
| Customer Support | Live chat |
| Tel: +1-8299476393 (English) | |
| Tel: +7-499-3806317 (Russian) | |
| Tel: 3-395-0396 (Chinese) | |
| Tel: 02-21345671 (Thai) | |
| Tel: 965-65425142 (Singapore) | |
| Tel: 61-8-5550-7288 (Australia) | |
| Social Media: Instagram, X | |
| Address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960 | |
Founded in 2016, Binarycent is an unregulated broker that specializes in cryptocurrency trading. Binarycent is registered in the Marshall Islands. Customers can learn that the leverage is up to 1:500, and the minimum deposit is $250. In terms of other details such as spread, account types, and trading platforms, its official website does not reveal.
Pros and Cons
| Pros | Cons |
| Specialized in crypto trading | No regulation |
| 24/7 multilingual support | Lack of transparency |
| First deposit bonus | |
| Multiple payment methods |
Is Binarycent Legit?
No, Binarycent is not regulated. Please be aware of the risk!
What Can I Trade on Binarycent?
| Tradable Instruments | Supported |
| Cryptocurrencies | ✔ |
| Indices | ❌ |
| Commodities | ❌ |
| Bonds | ❌ |
| Forex | ❌ |
| Stocks | ❌ |
| ETFs | ❌ |
Leverage
The leverage of Binarycent is up to 1:500. Since leverage can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.
Deposit and Withdrawal
| Deposit and Withdrawal Methods | |
| Cryptocurrencies | Bitcoin, Litecoin, Ethereum, Monero, Bitcoin Cash, Primecoin, Reddcoin, JRSH, SHAekc, AeHbry |
| Cards | VISA, VISA Electron, VISA DEBIT, Mastercard, Maestro |
| E-wallets & Local Systems | WebMoney, NETELLER, QIWI, CASH, WIRE TRANSFER |
| Payment Options | Transfer Fee | Minimum Deposit | Deposit Processing Time | Withdrawal Processing Time |
| VISA, MasterCard | 5% | $250 | Instant | Up to 1 hour |
| Bitcoin | ❌ | $250 | Instant | Up to 1 hour |
| Ethereum | ❌ | $250 | Instant | Up to 1 hour |
| Altcoins | ❌ | $250 | Instant | Up to 1 hour |
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