Pitfall Guide: Why 99% of Crypto Cash-Out Methods Are Wasting Your Money?
A review of the 'cash-out tuition fees' I've paid over the years:
❌ OTC Over-the-Counter Trading: Price spread pitfalls + frozen card risks, withdrawing 100,000 actually gets you only 92,000;
❌ Cross-Border Wire Transfer: Single transaction fee starting at $40, arrival takes at least 3 days, and the exchange rate takes a cut;
❌ Third-Party Payment: Strict limits on amounts, withdrawals require submitting 10 forms of proof, anti-money laundering review takes a week...
Until I discovered the dimensional advantage of BiyaPay:
✅ Transparent Costs: 0.5% fee with no hidden costs, exchange rate aligned with real-time market mid-price;
✅ Speed Crush: USDT → USD → brokerage account fully online, fast arrival;
✅ Compliance and Safety: Licensed institution's fund pool, clear and traceable bank statements, completely free from 'dirty money suspicion'.
In practice, cashing out the same $10,000: traditional methods cost $600+, taking 5 days; BiyaPay costs $50, taking just a few minutes. The choice of smart people has always been obvious.