c2c

#C2C Is the U Card new神器U hot? First, understand these risks before diving in!

Recently, with policy tightening, many people have started to focus on the U Card, an old item, calling it the 'God Card' that connects the crypto world with reality? But let's not rush to follow the trend; today, we'll clarify the fundamentals of the U Card for everyone!

In fact, the U Card is just a USDT bank card. You first deposit stablecoins like USDT into it, and when consuming, withdrawing cash from ATMs, or making cross-border payments, it will automatically convert to fiat currency, just like a traditional bank card that requires pre-loading before use; it is not a credit card. It primarily aims to bridge crypto and real-world payments, equivalent to a more 'compliant' C2C, mostly in cooperation with overseas banks and blockchain institutions, issued by payment companies like Paytend or institutions collaborating with Visa and UnionPay. There are both virtual and physical cards, and it can be linked to Apple Pay and Alipay for direct transactions.

Doesn't it sound much better than ordinary C2C? But there are plenty of pitfalls! First, there are very few service providers that can serve mainland users, and you have to choose reliable ones, as many CS project parties also issue U Cards. The threshold is honestly not low, and each card has a payment limit, making large transactions impossible.

More importantly, the risks! Mainland regulators clearly state that virtual currency trading is illegal financial activity. Exceeding limits with the U Card for currency exchange abroad may very well cross the red line of foreign exchange controls and even be classified as money laundering; there may also be tax declaration requirements for deposits and consumption, and failure to report can lead to penalties; choosing the wrong issuer can easily lead to security issues, and some U Cards have high cash withdrawal fees, with not all ATMs accepting them. Moreover, do not load black or gray U; once frozen, it’s guaranteed!

The U Card itself is not illegal, but stepping over regulatory red lines can lead to legal issues. To be honest, this thing looks good, but the thresholds and risks are evident. Do you think the U Card can become a reliable channel for ordinary people to use U? Let's discuss your thoughts in the comments!

I hadn't purchased much USDT before, but I urgently needed it in the past few days, so I tried it out. I didn't expect there to be so many conditions. The more conditions there are, the more at ease I feel; the key is that urgent needs often do not meet the conditions 😂
Let me summarize for everyone so that you don't have to rush like I did next time:
1. All orders from ShenDun require a fund freeze, which means you cannot transfer in or out during this period, even if it's your own card (yesterday I thought ShenDun was reliable, but I ended up transferring from another one of my cards, and the time wasn't enough)
2. Loans can be used without freezing, but cashing out from credit cards cannot (I am in this situation, cashing out from my own credit card)
3. Having too few holdings is also not allowed (I generally don't trade cryptocurrencies much; I usually withdraw cash or exchange it with friends as soon as I receive my salary. I have 800 USDT in spot trading, which you can use as a reference)
4. Withdrawing from Binance may also not be allowed (this is rare, depending on the merchant)
5. Canceling orders three times in a day will restrict your deposit and withdrawal functionality for a day

Other basic conditions such as cash flow, source of funds, and purpose should be standard, so I won't write those down

$usdt #c2c #c2c deposit

Withdrawing funds now allows you to choose Binance Select and backpack. If you have a Hong Kong card and do not want to trade through C2C, you can use backpack. Compared to Kraken, backpack has lower fees.

On November 29, I withdrew 100U, and it arrived in my Hong Kong card today. My steps were to first withdraw 100USDC from Binance to backpack, using the Aptos network which has slightly lower gas fees, and the funds in backpack will automatically convert to USD. Then, just withdraw USD from backpack to the Hong Kong card. Make sure to fill in the correct information corresponding to the Hong Kong card for overseas transfers.

I recommend using ZhongAn and Tianxing, and not using Bank of China Hong Kong and HSBC, as the latter two have stricter risk control and you don't want to get your card frozen. ZhongAn will have fees, while Tianxing does not. I used Tianxing this time.

This method of withdrawing funds is still okay, but do not withdraw too much at once to avoid triggering risk control. A few hundred to a few thousand is fine.

Both ZhongAn and Tianxing can be linked to WeChat or Alipay for consumption in mainland China, and there is no need to transfer directly back to the mainland. You can transfer back to the mainland as well, but it requires a small fee; both ZhongAn and Tianxing can transfer to WeChat or Alipay. You can also directly transfer to your stock account for investment, which is very convenient, for example, IB, etc.

#出金 #C2C

Withdrawing from Binance C2C is really comfortable
I sold USDT on Binance, both transactions went through the strict selection, one was 2.8K, and the other was 5K, both arrived instantly
The compensation ratio is maximized to 100%, with an upper limit of 50,000 USDT, and transactions are fee-free
This is not just safety, it's a lifesaver; in the future, I will use Binance for withdrawals

#出金 #C2C

Are there particularly many reminders like this in C2C? How to buy without being checked by the authorities?🤔#C2C

#c2c Has everyone cashed out? Can it be safely credited? I don't have much capital, and I'm wondering if one day in the future I can cash out safely, around 1wu.

Be careful of scams when buying coins with #C2C . The merchant has multiple WeChat accounts added, and the card's last time prompts direct payment, requiring verification of information that has already sold out. Isn't this a way to cheat money?

Can you really pay with QQ Wallet? #C2C six ah

I am here with you. I will buy a Crypto with good price and instant settlement in your bank account. Please check out this.
#2 #c2c

I sincerely thank C2C for this special gift 🧡. It's not just an object, but a symbol of care and appreciation that means a lot. May this kindness be the beginning of closer and more meaningful collaboration in the future.

🎉🎉🎉🎉🎉
@Binance Customer Support
@Binance Square Official

#C2C
#C2C入金

Is this selected area in c2c really not going to be frozen? Does anyone have experience going abroad? #c2c出金 #c2c

Now #币安 's #C2C has newly launched a selected area #神盾 , with the maximum payout limit increased to 50,000 USD.

Yesterday a friend wanted to withdraw a large sum of money at once and came to ask me what OTC to find. My advice is simple: prioritize selecting one or two old merchants who have been operating in the Shield Area for a long time, and do it in batches.

Why?

1. Merchants that have been active in the Shield Area for more than 1 year have a very low probability of problems (but not zero, there is no channel that is absolutely safe).

2. Large withdrawals must be done in batches + asset verification, do not feel embarrassed. The safety of funds is the most important. 99% of large OTC transactions in the market are actually safe, and the probability of a real loss is very small.

3. Don't be greedy for cheap deals, don't choose the one with the highest price, but rather select old merchants with fluctuations around 0.03, which are safer.

4. Even for financial redemption, a drop of within 1% in funds is completely acceptable; safety is far more important than price.

bn c2c deposit does not meet the requirements

Before, I used zfb to deposit 1-2k every day. If I deposit more, I will be subject to risk control. The deposit also needs to be broken down into small pieces, sometimes even into dozens of pieces before it can be deposited smoothly.
Recently, I want to deposit faster and deposit a few w at a time. I learned that WeChat risk control is not that strict, but I recently added a few sellers on WeChat. After placing an order, they told me that the requirements were not met and asked me to cancel the order. But I saw that my order success rate was 100%, and I really don’t understand why.
I would like to ask everyone how to deposit more than 1-2w at a time?
#入金 #C2C

Binance C2C transactions will incur fees! Starting from September, a fee of 0.06-0.08U will be deducted for each USDT trading pair, involving nearly a hundred fiat currency zones, including mainstream currencies like USD, EUR, and GBP.

Although it may not seem like much per transaction, high-frequency traders need to calculate their costs. Fortunately, it will be adjusted in phases, and it won't be fully implemented until the end of the year, allowing for a buffer period.

Just a reminder: in the future, don't just look at the quotes for C2C transactions; the fees also need to be factored in!
#C2C

Is the C2C exchange rate so high? I bought over 1000u at 7.17, and now I want to sell at 7.1, with a price difference of 10u #C2C $USDT

#币安Alpha上新 Isn't this coming? #C2C Transaction withdrawal deposit come find me safe and fast old merchant please give a follow oh

📈 （下单直达） You only need to focus on trading, Binance will take care of the safety issues for you! Binance Shield advertising party eliminates all C2C trading risks, and you can trade with confidence on Binance.
For Binance C2C transactions, find Shield advertising party, Shield strictly selects Binance big brother #C2C

After completing a transaction with a C2C merchant, the other party got my phone number and directly called me for marketing purposes, recommending that I join a DingTalk group.

Have you encountered this before?

#C2C

Why is it so difficult to withdraw money from the cryptocurrency world?

Recently, there have been complaints: "Making money in crypto is fast, but withdrawing is as hard as climbing to the sky."
Clearly, there are hundreds of thousands in profits on the account, but as soon as they withdraw, the bank freezes it, the platform reviews it, or even receives a "fraud warning."

The truth is harsh: it’s not that money is hard to withdraw, but that most people simply don’t understand the rules.
1. Policy Red Lines: What is the bank afraid of?
You think banks are targeting "Bitcoin"? Wrong, they are worried about "dirty money."

Data from 2023 shows that over 60% of domestic telecom fraud funds are laundered through virtual currencies;
Once the banking system detects "high-frequency small transfers," "nighttime concentrated transactions," or "quick fund inflows and outflows," it directly triggers risk control;
What’s even scarier is the "joint liability effect"—if your card receives a sum of dirty money, the entire card along with all accounts under the name could be frozen.

Countermeasures:
Only use cards that have been real-name verified for at least six months with clean transaction records;
Leave a balance in the card three days before withdrawal to avoid "sudden large amounts on an empty card";
Absolutely avoid using local rural commercial banks or village and town bank cards (freeze rates over 80%).

2. The "Hidden Rules" of Exchanges
Do you think platforms intentionally block your withdrawals? In fact, they are even more afraid of risks.

Exchanges like Binance manually review "non-compliant fiat channels" (like third-party payments, P2P cash transactions);
If there is a sudden large withdrawal from the account, or if the IP frequently switches, the system automatically determines it as "abnormal";
The most troublesome is the "dirty money return"—if you sell USDT and the buyer's funds have issues, your receiving account will still be implicated.

Countermeasures:
Test the withdrawal channel in small batches before withdrawing (single transaction ≤ 50,000);
Only use certified merchants (check transaction numbers, positive review rates, and duration of real-name verification);
Keep complete transaction records (chat records, transfer screenshots).

3. Human Nature Traps: Greed and Luck
90% of frozen card tragedies are due to one saying: "I’ll just try one last time."
Knowing full well that the other party's offer is 3% above the market price, they still think they are "getting a bargain";
Seeing advertisements for "directly receiving USDT via WeChat/Alipay," they think they’ve found a shortcut;
After being frozen, they attempt to "find connections to unfreeze," only to be scammed again.

#出金 #C2C #中美贸易谈判 #对策