If you made 100 million in the cryptocurrency space, how should you cash out?

Dear friends, 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 come to visit you, not out of concern, but to sell you wealth management, trust, and insurance products, inviting you to join their VIP gold card program.

The risks of selling USDT on a platform include a significant chance of encountering dirty money:

Level 3 dirty money: Your account is likely to be frozen for 3 days, and if the amount is large, it may be frozen for half a year.

Level 2 dirty money: Your account may be frozen for 6 months, or even have your funds confiscated.

Level 1 dirty money: Concealing criminal proceeds can lead to at least three years in prison! How to avoid risks?

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

Don't go to platforms or find USDT dealers: Offline cash transactions are best avoided, as the chances of encountering dirty money are high, and it may also jeopardize personal safety. A safe way to cash out is to trade with familiar and reliable people: let the other party give you the money first, then you provide USDT. After receiving the money, check the funds; do not accept funds that have been in the account for less than 3 days or have excessively frequent transactions.

Cash out slowly: For example, if you want to cash out 10 million, use Alipay to cash out around 200,000 per day; being impatient can easily lead to mistakes. If possible, avoid using bank cards: selling in Hong Kong dollars can be complicated, requiring qualifications, procedures, and special channels; do not try lightly if you are unsure. $ETH

Bank risk control amounts are small: Banks generally will not inquire. $BTC

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

Clean background: If the money earned from selling cryptocurrency is completely clean, the bank will not ask too many questions. #币圈暴富

Having a 'criminal record': The bank will investigate very carefully. Selling USDT to cash out carries significant risks, and you must not be greedy for cheap deals or seek convenience. #比特币

Find reliable people to trade with, cash out slowly, and avoid being subjected to bank risk control or getting involved in dirty money. #CPI数据来袭

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