Recently, many people have asked about the withdrawal issues on OKEx. Everyone should know:
Large withdrawals hide the enormous risk of losing all your capital—your bank card may be frozen!
Even if your trading is legal and your operations are compliant, as long as there is a hint of any 'problem' in the funds' flow, your card will be frozen immediately, and you won't be able to withdraw your money. You may also be investigated by the police.
1. Real Data Warning
The cases of USDT withdrawals being frozen in 2023 show:
38% of the funds are linked to gambling proceeds
22% are related to telecom fraud
Your funds may have mixed into the merchant's 'black money pool'; a single transaction exceeding 1000 USDT may attract the attention of risk control.
Don't think 'ignorance is bliss'; if you step on a landmine, your card is rendered useless, and you won't be able to access your urgent funds.
2. 5 Steps to Avoid Pitfalls and Ensure Safety
Never pursue convenience; break large amounts into smaller ones.
For single transactions under 500 USDT, a maximum of 3 transactions per day reduces the risk by 50%!
Prioritize offline transactions and write contracts clearly.
Verify coins and transfer in person, sign contracts, keep a photocopy of your ID; this is your protective charm when your card gets frozen.
Verify the other party's identity and source of funds.
Always check business licenses and bank statements, and keep all chat and transfer evidence.
Use an unused bank card for withdrawals to isolate risks.
Do not use your salary card or primary card; the impact is smaller if your card gets frozen, and the safety of your funds is more assured.
Don't panic if your card is frozen; follow the appeal process.
Contact the bank and the freezing unit promptly, submit complete materials, and generally, it can be unfrozen in 1-3 months.
3. Final Reminder
Making money in the crypto circle is hard; preserving your capital is even harder!
Don't rush withdrawals; stability is key. Take it slow; as long as it can arrive safely, it is a victory.
If you really encounter a frozen card, don’t try to handle it alone; seek help from professional cryptocurrency lawyers to avoid detours and increase your chances of success.
Remember: Only when the money arrives safely in your hands, can it be considered real profit!
