Three Deadly Mistakes Newcomers Often Make
Choosing high prices for shortcuts: Many investors, in order to make a few extra points in price differences, easily trust the 'high exchange rate withdrawal channels' in their social circles. These underground trading platforms, which have no qualifications, are often breeding grounds for money laundering gangs. Once involved in illegal funding chains, account freezing is just the beginning, and one may even face legal risks.
Receiving payments directly to salary cards: Using a regular salary card to receive withdrawal funds is equivalent to completely exposing personal financial information to regulatory scrutiny. The banking system is extremely sensitive to abnormal fund flows; a sudden influx of a large amount of funds from unknown sources into a salary card is akin to actively sounding the alarm for risk control.
Funds being held lead to suspicion: Keeping large amounts of money in a bank card for an extended period can be flagged by the system as 'suspicious transactions.' Particularly, overnight integer amounts are more likely to trigger anti-money laundering monitoring, resulting in instant account freezing.