How to safely cash out after making 1 million from cryptocurrency?

Cashing out virtual currency, do you think it’s enough to just find a buyer casually to cash out?

Big mistake! While the virtual currency is sold and the money is in hand, the consequence of such a simple sale is that 9 out of 10 bank cards will be frozen. Once the bank card is frozen, to unfreeze it, law enforcement will require you to provide evidence to prove your innocence.

To provide evidence of a legitimate transaction, you need to do the following before cashing out virtual currency:

First, how much do you know about the buyer? This is often a question asked by law enforcement. Cryptocurrency transactions are not like buying and selling goods; you must fulfill your obligation to conduct reasonable diligence. Before the transaction, check the other party's account information and bank statements, and refuse transactions if the source of funds is unclear. Don't think it's profitable to trade with anyone casually.

Second, promptly retain the chat records regarding the sale of virtual currency to reconstruct the transaction process.

Third, take timely screenshots of the trading orders from the exchange. Currently, exchanges only retain trading orders for 6 months; after this period, you cannot retrieve the transaction orders, which is very unfavorable for proving your legitimate transaction. So be sure to back up the cryptocurrency cash-out order records in a timely manner. Remember to follow the above processes, otherwise, you may face a frozen bank card, lose your money, or even be charged with aiding and abetting a crime, leading to imprisonment.