How to Deposit and Withdraw with Perfect Money on Deriv

South African traders using the Deriv platform can streamline their financial transactions with PerfectMoney. This guide presents a clear and concise set of instructions to facilitate smooth deposits and withdrawals with Perfect Money on Deriv. Learn how to utilize PerfectMoney effectively for secure and efficient trading on Deriv.

What is Perfect Money

Deriv perfect money Perfect Money is a popular and innovative digital financial system, offering a seamless and secure means of transferring payments to traders, individuals, and businesses globally.

Furthermore, Perfect Money provides diverse services comprising fund transfers, reliable payment receipt mechanisms, safe storage solutions, and more.

In addition, Perfect Money is compatible with the Deriv platform, providing clients with a secure and reliable payment system for deposits and withdrawals.

Creating a Perfect Money Account Step-by-Step

Creating a Perfect Money account is a simple process that consists of the following steps:

Visit the website for Perfect Money in any web browser.
Create a new user account by clicking “Signup” on the homepage. From here, you will be redirected to the online registration form.
Complete this form by providing the necessary information in the required fields. Include your name, email, and address when entering your personal information.
Before selecting “Register,” read and agree to the terms of service.
A verification link is emailed to you. To authenticate and activate your account, click the link.

How to Link Perfect Money to a Deriv Account

Linking your Perfect Money account to your Deriv account is a user-friendly process that ensures smooth transactions. To accomplish this, follow these easy steps:

The initial step is to log in to your Deriv account. Enter your login credentials – your username and password – on the Deriv website or mobile app.
Navigate to the ‘Cashier’ section after successfully logging into your account.
Within the ‘Cashier’ area, search for a ‘Payment Methods’ option. You will be directed to a page listing all the deposit and withdrawal methods Deriv supports by clicking here.
Scroll down the payment choices list until you locate Perfect Money.
After selecting Perfect Money, you must enter your Perfect Money account information. This usually entails providing your Perfect Money account number, the primary means of transaction identification.
After you have submitted your Perfect Money account information, the final step is to link your Perfect Money account to your Deriv account. Typically, there will be a ‘Link’ or ‘Connect’ button. By clicking this button, you will start the connection process. For security reasons, you might need to validate this operation through your Perfect Money account.
Once you have successfully linked your accounts, you will see a confirmation message on the same website or via email.

Steps to Deposit / Withdraw Using Perfect Money on Deriv

Deposit

Proceed to the financial institution section of your Deriv account.
Click “Deposit” and choose “Perfect Money.”
Provide the deposit amount in the required field.
Confirm the transaction details and then select the “Pay” button.
To conclude the transaction, you will be redirected to the Perfect Money page, where you can follow the final steps.

Withdraw

Visit the cashier section of your Deriv account.
Click “Withdraw” and then choose “Perfect Money.”
Enter the quantity to be withdrawn.
Confirm the transaction details and then select the “Request” button.

Perfect Money Availability on Deriv in Different Countries

With a few exceptions due to regulatory restrictions, Deriv’s Perfect Money services are accessible globally in more than 70 countries. However, check your Deriv account’s payment methods section to determine if Perfect Money is available in your country.

Transaction Time for Deposits and Withdrawals with Perfect Money

Perfect Money deposits are typically instant, allowing immediate access to your funds. However, withdrawals can take up to 24 hours to execute, depending on factors such as the verification status of your account and the withdrawal amount.

Frequently Asked Questions

Can I use my Perfect Money account on other platforms apart from Deriv?

Yes, Perfect Money can be used on any platform that accepts it as payment.

Is there a minimum or maximum amount I can deposit or withdraw using Perfect Money on Deriv?

Yes, there are deposit and withdrawal limits. Perfect Money deposits and withdrawals have a minimum of $5 and a maximum of $10,000 per transaction.

What should I do if my transaction is delayed on Deriv Perfect Money?

If your transaction takes longer than usual, please contact Deriv’s customer support for assistance.