You've earned a lot of coins in the crypto circle, let me teach you a way to cash out

Suppose you've made 100 million in the crypto world, how should you cash out now?

Brothers, today let's talk about the pitfalls of selling USDT for cash! If you cash in 5 million by selling USDT, the bank will not only call you but might even pay you a visit. Their purpose is not to care about you, but to sell you investment, trust, and insurance products, inviting you to join the VIP Gold Card.

Risks of Selling USDT

When selling USDT on a platform, the likelihood of encountering black money is not small:

Level 3 black money: Account is likely to be frozen for 3 days, and if the amount is large, it may be frozen for half a year.

Level 2 black money: Account frozen for 6 months, or even funds confiscated.

Level 1 black money: Concealing criminal proceeds, starting from three years!

How to avoid risks?

Don’t be greedy: If the price of buying USDT is ridiculously low, or if the selling price is exceptionally high (for example, if the market price is 7 yuan, you sell for 7.5 yuan), trading in such obviously abnormal situations can have serious consequences.

Don’t go to platforms or find USDT dealers: Offline cash transactions are even more dangerous; the chances of encountering black money are high, and it may also endanger personal safety.

Safe Methods for Cashing Out

Find reliable people for trading: The other party gives you money first, and then you give them USDT. After receiving the money, check the funds; if the funds have not been settled for more than 3 days or the transaction flow is too frequent, don’t accept it.

Cash out slowly: For example, if you want to cash out 10 million, use Alipay to cash out about 200,000 each day; being anxious can easily lead to mistakes.

If you can use other methods, don’t use bank cards: Selling into Hong Kong dollars is complicated, requiring qualifications, procedures, and a special channel; don’t try it easily if you’re not clear.

Bank Risk Control

Small amounts: The bank generally won’t ask questions.

Large amounts: If the card receives too much money daily, it may be restricted from non-counter transactions, and you can only withdraw money at the counter.

Clean background: If the money earned from selling coins is clean, the bank won't ask too many questions.

Having a “criminal record”: The bank will investigate very carefully.

Selling USDT for cash is risky; never be greedy or try to cut corners. Find reliable people for trading, cash out slowly, and avoid being controlled by banks or getting involved with black money. Brothers, stay steady and prioritize safety!