Making millions in crypto is hard, but getting millions safely into your bank account is even harder. I've seen too many people make money only to have their cards frozen for six months due to improper withdrawal operations, even affecting family accounts. Today, I’ll share the pitfalls I’ve encountered and avoided over 20 withdrawals — the core of withdrawals isn’t 'speed', it’s 'stability'; approach every step with a 'survival' mindset.
1. Platform selection: T+1 is the bottom line; withdrawing at night is equivalent to running naked.
Iron rule: Do not engage with non T+1 platforms; stop all operations between 8 PM and 6 AM.
The essence of the T+1 model: It doesn't limit liquidity, it helps filter out dirty money. Those exchanging dirty money seek 'instant deposits', and the T+1 delay will deter them. I once used a platform with time-scheduled deposits and found myself in trouble at 2 AM needing a withdrawal; I ended up receiving involved funds, and with no customer service available, my account was frozen until daylight, taking 3 months to unfreeze.
Pitfalls of night withdrawals: Bank risk control is more sensitive at night (fraud and money laundering often occur during this time), and both platform and bank customer service are off duty. If issues arise like 'payer information mismatch' or 'sensitive keywords in remarks', there’s no one to intercept; you can only watch your funds get frozen after arriving.
2. Merchant screening: 'Two Olds' filter risks; blacklist those with peculiar names.
Survival principle: Only deal with 'old brands' and 'old transactions', steer clear of flashy new faces.
Two Olds standards:
Old brand: Registered for more than 2 years (can be checked in the platform's merchant profile). New merchants might be 'score running gangs' in disguise; last year I encountered a merchant claiming 'instant deposits' who froze accounts after receiving payment just 3 months after registration, leaving no recourse for complaints.
Old transactions: Monthly transaction volume above ten million (platform displays cumulative transaction volume). High transaction volume indicates scrutiny and an understanding of regulatory red lines.
Avoidance guide: If you see names like 'Coin World God of Wealth' or 'Instant Deposit King', steer clear — legitimate merchants won’t use such eye-catching names, as they likely indicate short-term arbitrage schemes with over 80% risk of failure.
3. Wallet handling: 72-hour cooling period, a key step in breaking chain tracking.
Operational details: After withdrawing coins, don’t rush to act; let the funds 'rest for 3 days'.
After transferring coins from the exchange to a personal wallet (recommended mainstream wallets like imToken, MetaMask, etc.), make sure to let it sit for 72 hours. This step is to break the continuity of on-chain transactions — dirty money often circulates quickly on-chain, while your funds, after 'cooling', will attract less bank attention.
(Negative case: A friend transferred coins and then immediately traded, triggering bank monitoring for 'high-frequency on-chain transfers', resulting in an anti-money laundering investigation. Although it was eventually unfrozen, the funds were frozen for 45 days.)
4. Withdrawal operations: Split, nurture, and check — one misstep can lead to total loss.
1. Amount splitting: Break down 10 million into an 'ant moving house' model.
Single withdrawals must not exceed 500,000; split 10 million into 20 transactions, with intervals of 1-2 days (at least 24 hours). The bank's monitoring level for 'large amounts over 500,000' is 10 times that of ordinary amounts; splitting reduces the chance of being flagged by 90%.
Diversify operations across different platforms: For example, 10 transactions on Binance and 10 on OKX to avoid being flagged for high-frequency trading on a single platform.
2. Card selection: Maintain 'active cards', avoid 'dead cards', regular transaction flow is a safeguard.
Card selection criteria: Must be a card used for high-frequency daily consumption (salary card, commonly used savings card), keep 500-1000 yuan in the card year-round, bind it to WeChat and Alipay, and make at least 3 transactions a week (supermarkets, takeaways, taxis). In the 3 days before withdrawal, make 2 small transactions (10-50 yuan) to make the flow appear more natural.
Absolute taboo: Do not use 'dead cards' that have been idle for over six months. Sudden large deposits into such cards will trigger bank alerts 100%. In 2021, I used a card that hadn’t been used for years for a withdrawal, and I was immediately questioned by the bank, taking 2 hours of explanation to avoid getting frozen.
3. Arrival verification: Three checks and one hold; if there are doubts, refund immediately.
Check the payer: The name of the payer in the bank statement must match the merchant name on the platform order exactly (even one character off). If inconsistent, it will be directly refunded; don’t believe the merchant's excuse of 'family payment' — last year, a student believed this and received fraudulent funds, and their card is still frozen.
Check the remarks: If the payment remarks contain words like 'goods payment', 'investment', or 'virtual currency', refund it even if the money arrives! The best state is to leave the remarks blank; if necessary, have the merchant write 'living expenses'.
Check the holding time: After funds arrive, do not act for at least 3-5 days before transferring to the main card (the main card is only for aggregation, not direct withdrawals). This is to prove 'the funds are normal income, not suspicious rapid inflow-outflow funds'.
5. Transaction channels: Avoid the pitfalls of USDT; Blue Shield services are expensive but crucial for safety.
Pitfall avoidance guide: 90% of frozen cards come from USDT; choosing a different path is safer.
Prioritize compliant channels: Use platforms like CNC, QC for stablecoin transactions, as merchants dealing in these currencies undergo stricter scrutiny, reducing the chance of dirty money mixing in by 60% compared to USDT.
Opt for Blue Shield services for large amounts: Although the exchange rate is 1%-2% lower than ordinary merchants (an extra 100,000 - 200,000 for tens of millions), Blue Shield merchants have platform backing, and fund source checks are stricter. I have used Blue Shield for all 15 of my large withdrawals with zero risk.
The dumbest move: Don’t use 'small amounts for testing' — transferring 1 yuan first to check the card is a blatant signal to the bank that 'I want to do a large transaction'; anti-money laundering systems will directly mark you as a 'high-risk account'. I’ve seen someone test with 1 yuan, then transfer 500,000 the next day and get frozen, with no time to react.
Summary: The core of withdrawal is 'making funds appear like salary'.
Withdrawing millions isn’t a 'technical job', it’s a 'detail job': Choose T+1 platforms, merchants that recognize the two old standards, let the wallet cool for 3 days, split into small amounts, maintain cards with daily use, and avoid USDT channels. By following these six points, you can safely secure millions like I did.
Final reminder: Don’t show off after withdrawals, especially don’t flaunt your balance on social media — not revealing wealth is not just old wisdom, but a hard rule for survival in the crypto space. Protecting this 10 million is more important than earning another 10 million.
If you currently feel helpless, confused about trading, and want to learn more about the crypto space and get first-hand cutting-edge information, click on my profile and follow me; you won’t lose your way in this bull market!
