For all who want to be traders, reading this article is enough.

What is a trader?

In simple terms, a trader buys and sells USDT to earn the price difference, buying at 6.9 and selling at 6.93, earning a profit of 0.03.

With 10,000 USDT, you can earn about 300 RMB in one round, trading 100,000 USDT a day, making around 3,000.

USDT is a stablecoin pegged to the US dollar, a hard currency in the crypto circle. There is no situation where you buy U and it becomes unsellable, nor is there a loss of money. Even if the crypto market fluctuates, if you operate in cryptocurrency, the income remains stable.

Traders can be said to be the only industry in the crypto circle that guarantees profit, I have been a trader at the Water Currency Exchange since 2019.

This industry is very secretive; ordinary people don't know about it, and industry insiders won’t tell you. Why would they share money-making secrets with you?

In the past, you could apply to get involved as long as you had some money, but now, newbies have no chance at all.

Take Coinan Exchange as an example; if you want to be a trader on Coinan, you not only have to pay a deposit but also need a referrer. The market price for a referrer is currently 20,000 USDT. You want to be a trader, right? Okay, pay 20,000 USDT, and I’ll take you.

Don’t think it’s expensive; they might not even care about you!

You think this fee is to rip you off? They have to invest time and effort to teach you the operational techniques. If you encounter problems later, such as complaints, freezing a customer’s bank card, misappropriating customer funds, making payment errors, etc., they will also bear joint responsibility with the exchange.

It's like a 'master-disciple' relationship; you are tied together.

The key takeaway for them is still resources, don't believe it? Go apply to be a trader yourself, exchanges will directly reject you. Now, exchanges only want experienced traders; newcomers who haven't done it have no chance at all.

Exchanges want traders who can come and work immediately. Who has the time to train newbies? After all, in money-making matters, even your own brother would be reluctant to guide you.

In 2017, when the 94 announcement came out, the relevant departments prohibited exchanges from providing income and expense channels and acceptance services for clients. Acceptance evolved into a C2C model, enabling personal-to-person trading, which led to the emergence of the trading industry.

In the trading sector, exchanges do not profit; every year, hundreds of millions in profits are shared with traders. Instead of giving to newcomers, it’s better to give to the experienced; newbies will only bring a bad experience to the exchange's users and create negativity.

I remember a few years ago, the user base of Coinan was not as large as Huobi, and Coinan promoted the slogan 'Withdrawals from Coinan won’t freeze your card'. The goal was to attract Huobi users, whose user base was the largest in the industry at that time.

Do you see how important user security and experience in withdrawing USDT is for exchanges!

We still choose other exchanges because some exchanges make it easy to freeze cards.

So, why do exchanges want new traders?

Being a trader is really not just about receiving USDT and selling it for a profit; it’s a high-tech demanding industry. First, you need to assess the trading counterpart’s account qualifications, bank flows, trace the source of their funds, understand photo editing, have capital reserves, resilience, a clear mind, and good eyesight. Don’t make wrong transfers; if you’re unlucky and transfer wrongly, they won’t refund you. You report to customer service, and they say the other party’s account has no assets and can’t be contacted. You have no solution; feel free to report it to the police.

And one more thing, your kidneys need to be healthy.

Traders often sit in front of the computer all day; it's a high-risk industry for prostate inflammation.

The greatest tragedy in life is having money but no excitement.

I mentioned this before. Since traders make money, why don't I do it?

1. I have always been a trader, just transitioned from exchange trading to over-the-counter trading.

Over-the-counter trading has high profits and secure funds without card freezes. However, you need to have your own client network; newbies are not suitable for over-the-counter trading.

2. Members of my trading team are also working as traders on exchanges.

3. There are also traders in my team who operate overseas.

The essence of trading boils down to two points: 1. Audit the funds of trading counterparts, 2. Your own income channel resources.

Auditing transaction flows is easy to understand; it's to check whether the funds of the trading counterpart are clean, which is very important! Without strict measures or impressive technology, as well as risk prevention for unoccurred risks, a newbie trader will fail within a month, facing judicial freezes on bank cards and legal risks. They will earn nothing and end up in trouble.

Even if you do the first step of 'auditing funds' well and don't receive black funds, you still have to solve the bank risk control issue.

At this point, you need to have income channel resources. The usual income channels are bank cards, WeChat, and payment B. These are commonly used and most convenient, but they are also the ones with the highest risk control. If you use these, you can be a trader for half a year; those with solid skills can last for a year.

If you want to stay in the trading industry for a long time, you must have new income and expense channel resources. (I have new secure income channels available, essential for traders, not free to provide.)

How to distinguish between a big trader and an old trader?

It depends on what they use for income and expenses, mostly bank cards, WeChat, and Alipay; most are old traders, while trading big shots have their own income and expense channels.

Many old traders say that trading cannot be done; that’s because they lack their own core technology and resources, sticking to those old preventive measures.

Why can others do it, but you can’t?

Times are evolving, society is advancing; being stagnant will only lead to being out.

Traders' income remains stable and considerable.

The most immediate benefit of being a trader is earning money, establishing a long-term income channel.

Next, it broadens your horizons, enhances your understanding, and expands your network, allowing you to look down on most of the ‘chives’ in the crypto circle.

Without entering the trading business, you would never know there are so many wealthy people in the crypto circle; the average asset of a trader is five million, except for the workers in those trading teams.

You wouldn’t feel comfortable mentioning you have a million, often feeling out of place for not being rich enough.

So, when exchange staff chat with traders, they call them 'boss', 'Boss, please cancel the order.' 'Boss, please make the payment quickly.' 'Boss, I will feedback to you right away…'

As a trader, you will meet many big shots, and their actions will enhance your understanding. You will have epiphanies, 'Oh, it can be played like this!' 'Oh, this can make money…'

After you make money as a trader, you can connect with higher networks, earn more money with those networks, and then connect with even higher networks... and take off directly from there.

Requirements to be a trader: Two hundred thousand starting capital, a computer.

I really envy you for meeting me before considering entering the trading industry!

If I had the understanding I have now back then, I wouldn't have taken so many detours.


Don't scroll away! You've seen this far, isn't it worth it to follow my profile after all the nights I've worked hard? Hehe~

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