I'm having this same issue. I've tried the binding process above about a dozen times. I even followed the binding video on spektrum's website(same process) and its still not working. The light on the receiver blinks rapidly but the led on the transmitter does not. It blinks twice then stops blinking entirely and never binds to the receiver. I even changed the batteries in the transmitter to a fresh set of rayovacs and its still wasn't working(voltage on the screen did increase however).

Any thoughts? TIA

Frank