If you made 50 million in the crypto world, how should you cash out? (A must-read for both new and old traders)

Today, let's talk about the pitfalls of cashing out by selling USDT! If you earn 5 million by selling USDT, the bank will not only call you but may also visit you in person, not out of concern for you, but to sell you financial products, trusts, and insurance, inviting you to become a gold card member.

The risks of selling USDT on platforms come with a significant chance of encountering dirty money:

Level 3 dirty money: Your account will likely be frozen for 3 days, and if the amount is large, it may be frozen for up to 6 months.

Level 2 dirty money: Account frozen for 6 months, or even funds confiscated.

Level 1 dirty money: Concealing criminal proceeds, starting with a prison sentence of 3 years! How to avoid risks?

Don't be greedy for cheap: If the price of buying USDT is ridiculously low or the selling price is abnormally high (for example, the market price is 7 yuan, and you're selling for 7.5 yuan), trading under such known abnormal circumstances can have serious consequences.

Don't go to platforms or look for USDT merchants: Offline cash transactions are even more dangerous to approach, as the likelihood of dirty money is high, and it may even endanger personal safety. A safe way to cash out is to trade with familiar and trustworthy people: they give you money first, and then you give them USDT. After receiving the money, check the funds; if the funds have not been settled for more than 3 days or if the transaction flow is too frequent, do not accept it.

Cash out slowly: For example, if you want to cash out 10 million, use Alipay to cash out about 200,000 per day, as being anxious can easily lead to mistakes. If possible, avoid using bank cards: selling into Hong Kong dollars is complicated, requiring qualifications, procedures, and special channels, so do not attempt it lightly without understanding the details. $ETH

Bank risk control amount low: Banks generally will not inquire. #Crypto World

Large amounts: If too much money is credited to your card daily, it may be restricted from non-counter transactions, and you can only withdraw money at the counter. #币圈暴富

Clean background: If the money earned from selling coins is completely clean, the bank will not ask much. #比特币

With a 'criminal record': Banks will investigate very carefully. Selling USDT to cash out carries significant risks; never be greedy for cheap or try to take shortcuts. #Crypto Market Rebound

Find reliable people to trade with, cash out slowly, and avoid being subjected to bank risk control or getting involved in dirty money. $BTC

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