Many people think that making money means everything is fine, but in reality, the 'withdrawal' step from a paper profit to actually securing that profit is the real threshold. Especially for beginners, a slight misstep may not only lead to loss of earnings but may even jeopardize the principal.
If you have already made a profit of one million, it is advisable to consider personally going to Hong Kong for withdrawal. Although this method is a bit troublesome, it is flexible and safe. You can exchange your assets for Hong Kong dollars or RMB through local compliant channels, and try to keep the process low-key and in batches to avoid drawing unnecessary attention by carrying a large amount of cash at once. Of course, make sure to choose legitimate and reputable exchange points; even if it means asking several shops, do not rush for convenience or lower prices.
If it's inconvenient to go abroad, preparing an overseas bank card in advance is another relatively safe option. Transfer USDT from the trading platform to exchanges like Kraken that support compliant withdrawals, then withdraw to an overseas bank account, such as ZhongAn or DBS, which are quite friendly. This method has clear procedures and strong compliance, suitable for long-term planning, but it requires some preparation time upfront. Pay special attention to exchange rates and withdrawal fees to avoid silently eating away at profits.
Of course, many people also choose to directly sell USDT for RMB through Binance's C2C system. This method is convenient and suitable for quick cashing out in the short term. However, because of this, the risk is more concentrated on the choice of counterparties. It is recommended to only cooperate with long-standing merchants who have real-name authentication and good trading records, and complete the transfer online to avoid being induced into offline trading or using other channels. Once you step outside the platform's protection mechanism, the risks become completely uncontrollable.
In the market, there have been players who blindly trusted offline channels and were 'given coins without money', even facing personal danger. On the road to making money, never let a moment of carelessness give away hard-earned profits.
In this industry, the real winners are never the ones who earn the most, but those who can successfully take the money they earned into their hands. When the market opportunity arises, do not hesitate; when it passes, do not be careless. Only by properly completing the withdrawal step can you truly say you have achieved a perfect trading loop.
If you are also preparing to withdraw funds now or encounter any bottlenecks during the withdrawal process, feel free to communicate in the comment section, and I will share more practical experiences. I hope everyone can achieve: being able to enter, exit, earn, and spend safely.
