In May 2020, I made a transaction of 'oil' on a certain platform and transferred the money to my bank card, then split it into a certain app and a certain wallet. A few days later, when I went to the supermarket to buy something, I found that: third-party payments were unusable, and my bank card was frozen — I encountered the nightmare for cryptocurrency traders: a 'frozen card', and it was a full platform freeze!
I contacted my uncle in Anhui and learned that there was a portion of 'involved funds' in that money. Although I was just trading cryptocurrencies normally and hadn’t participated in any illegal transactions, I was still implicated. My uncle asked me to provide materials to explain the situation, so I hurriedly organized transaction records, chat logs with OTC merchants, trading flow, and even work proofs, thinking that being upright means not fearing shadows.
However, unexpectedly, after the materials were approved, my uncle said, 'We need to compensate the victims' — because trading cryptocurrencies is not legally protected, my money had to be used for compensation. At that time, there were other funds in the account, and I had no choice but to agree. A few days later, all accounts were finally unlocked.
In recent years, I have been extremely cautious and have accumulated some withdrawal experience, which I will share with everyone today:
1. The most reliable plan: get a MasterCard Hong Kong card
If possible, definitely get one! Although there are some requirements, it can fundamentally achieve '0 frozen cards'. Many influencers and old-timers in the industry are using it, and I have used it for a long time myself.
It is equivalent to a 'foreign bank card', and the user base includes international students, cryptocurrency players, foreign trade practitioners, etc. The downside is the transaction fee, but compared to the risk of a frozen card, this fee is nothing.
2. Traditional exchanges for withdrawing U: must pay attention to these 2 points
Review merchant funds: especially for large transactions, you must check whether the merchant's transaction flow has 'been settled' — usually, do not touch transaction flows that have not exceeded 3 days, as the risk is too high!
Only accept real-name transactions: clearly request from the merchant that 'real-name is required'. If the other party is not real-name, report it directly. Leave plenty of written evidence during the transaction (for example, specify 'only accept real-name transactions' in chat logs), do not be afraid of trouble, this is to leave yourself a way out!
3. Offline withdrawals: do not touch unless familiar
Offline transactions may seem straightforward, but the risks are deep: the identity of the other party, the source of funds, and the transaction process may all hide pitfalls. Unless you know the person well and trust them completely, ordinary people should never attempt this; once problems arise, it is very difficult to defend your rights.
Lastly, let me remind you: trading cryptocurrencies is not protected, and you must be even more vigilant during the withdrawal process. The MasterCard Hong Kong card is the most reliable method I have tried. If you have any questions, feel free to ask me. It's better to be a bit troublesome than to let your hard-earned money get stuck in a frozen account!
#币安Alpha上新 #币安HODLer空投LA
