In the past, I heard people say: 'Making money in crypto is just the beginning; the real difficulty lies in how to safely cash out.' I didn't believe it at that time, until I personally earned 1 million—only then did I realize that this step is the easiest to fail!
This article is the safest withdrawal plan I summarized from 3 years of practical experience and personal pitfalls, along with the entire process of achieving a million yuan profit through MYX Finance. All practical tips, shared without reservation.
💥Earning 1 million through MYX Finance is luck as well as judgment.
The story starts at the end of 2024, when most people were busy with Binance Alpha interactions and competing for rankings, and I didn’t fall behind. But the rules for brushing Alpha became more and more complicated; sometimes I worked hard for a month just to earn a few dozen dollars—it was really unsustainable.
The turning point was when I discovered MYX Finance.
A new protocol focused on chain abstraction + derivatives trading, claiming to break the monopoly of centralized exchanges. While others hesitated, I got on board early, deployed assets, participated in interactions, and even wrote several strategy articles in the plaza.
As a result, in less than two months, the first round of airdrops brought in over 300,000, and community tasks and commissions totaled over 700,000. Total earnings: 1.037 million RMB!
Really, at that moment I finally understood that just because others can't earn, it doesn't mean this circle has no opportunities; the key is whether you choose the right direction.
🧨Making money is just the beginning, withdrawing funds is the real skill.
The day the money arrived, I smiled, **but soon I began to worry: how to safely withdraw the funds?** This 1 million is not bank salary, not a legally declared bonus; a small mistake could easily lead to risk control, phishing, or even 'tax audits'—all ruined!
Don't ask me how I know; I have personally tried several 'incorrect withdrawal methods', and as a result, two of my bank cards were directly frozen, and I even received a follow-up call from the bank.
Later, I stabilized my mindset and summarized these 3 safe and controllable plans, which are proven effective:
1️⃣ Offline withdrawals in Hong Kong—old-fashioned but the most stable.
Suitable for large amounts, conservative individuals, and those who want to securely receive cash.
✅ Operating Guide
• Go to licensed currency exchange shops in Tsim Sha Tsui/Causeway Bay (like 'Find Change King'), make sure to check for the Hong Kong Monetary Authority license at the door;
• Each time not exceeding 100,000 HKD, split into multiple batches, use a backpack to separate them;
• Remember the order: first receive cash, then convert to USDT, record the whole process, and deposit in the bank immediately after the exchange.
⚠️ Pitfall reminders
• Never go to the black shops in the alleys of Yau Ma Tei; a friend got half of his money in counterfeit last year;
• For amounts over 120,000 HKD, if not declared, you will be fined 20%, it’s heartbreaking!
2️⃣ Binance C2C withdrawals—stay at home, suitable for daily circulation.
The withdrawal method I use most often is both fast and stable, as long as you operate properly.
🔍 Merchant selection tips.
• Choose platforms registered for over 3 years + with more than 100,000 transactions + complaint rate below 0.1%;
• In the remarks, write 'refund' or 'part-time salary', and never write 'coin', 'U', or 'investment';
• Try to choose Alipay or WeChat; bank cards have too many risk controls.
⚠️ Don’t do this
• Exchanging coins in person? Don’t even think about it, it’s easy to get scammed;
• Chat in private on Telegram for transactions? If you get scammed, you won’t even find the person!
3️⃣ Withdraw in batches + rotate through multiple platforms.
I split the coins between Binance, OKX, Bybit, and a small wallet, withdrawing no more than 20,000 at a time, spreading it out over several months.
• Some withdrawals go to a friend's account;
• Some convert to HKD and withdraw from ATMs in Hong Kong;
• Some cash out directly on platforms like Taobao in the form of 'coupons' or 'service fees'.
Really, don’t be greedy for speed! Speed is the bait of scammers; stability is the basic principle of survival in the crypto world.
🧘♂️Finally, let me share a heartfelt thought.
Making money in the crypto world relies on information asymmetry and execution; but keeping the money relies on patience and mindset.
You are already better than 95% of people; don’t fall into a pit at this last step.
If you are also playing with MYX Finance, earning Alpha, or engaging in Launchpool, make sure to plan your withdrawal strategy in advance.
Don’t panic on the day the funds arrive and ruin months of effort.
If you need me to create a 'MYX Finance full process guide' or 'Binance Alpha withdrawal illustrated guide', feel free to message me. I have done too many and know where easy risk control happens and where shortcuts can be taken.
Remember, the crypto world is not just about getting in; what's more important is:
Safe exit.