#OTC
Recently, the Ministry of Public Security has introduced new principles for handling cases in different locations:
1. Evidence for the case must be recognized by the Public Security Department at the destination.
2. Only parties directly related to the evidence can be involved; if customer service is guilty, only customer service should be captured; if the product is guilty, only the product should be captured; it is not allowed to go from the boss to the front desk in one sweep.
Additionally, concerning internet companies, in principle, only local law enforcement is allowed, and cases from other locations are not accepted.
This may be a restriction on last year's distant law enforcement operations, but do not think that everything is fine just because of this!
Once your card is involved in money laundering, it will still be frozen; if serious, you could still end up in jail!!
So I have always urged everyone, if you have made money in the crypto space and want to cash out, use Biyapay!
The process is very simple:
1. Withdraw USDT from the exchange to the BiyaPay wallet.
2. Directly convert USDT 1:1 without loss into USD in Biyapy.
3. Then withdraw to your overseas bank card in local currency and transfer it back to your domestic account.
The entire process is relatively transparent, with a clear flow of funds, and there is no counterparty risk like traditional OTC.
Especially since it has no withdrawal limits and is fast, usually arriving the same day, which is very friendly for those who need to cash out quickly.
Using legitimate channels greatly reduces the risk of frozen funds, and if there are any issues, you can directly contact official customer service.
Finally, if you make money in the crypto space, you must find a way to secure it; Biyapay is your good helper!