In the cryptocurrency space, safely withdrawing funds after successfully making a profit is key, especially when holding 1 million U for liquidation, as the risk of card freezing looms large. But don't panic; mastering the following exclusive tips will allow you to withdraw safely from Binance.
I. Select Quality Trading Counterparties
1. P2P Merchant Screening: In Binance's P2P withdrawal transactions, only choose merchants that have been deeply verified by the platform. Check the merchant's transaction completion rate over the past 30 days, ideally selecting those with a completion rate of over 95%; also refer to evaluations from other users, prioritizing those with high positive feedback and few negative reviews. For example, if a merchant has completed 1,000 transactions within 30 days with a completion rate of 98% and has received rave reviews, such a merchant is relatively reliable.
2. Review of Fiat Transaction Counterparties: If using fiat transactions for withdrawal, conduct a thorough review of the trading counterparties. Require the other party to provide real and valid identity information, and through the platform's communication channels, understand the other party's trading purpose, source of funds, and other situations to ensure transaction security.
II. Plan a Reasonable Withdrawal Process
1. Fund Splitting Technique: Split 1 million U into multiple smaller withdrawals, with amounts set as irregular as possible, and with at least 72 hours between each withdrawal. For example, withdraw 18,000 U first, then 32,000 U three days later, and then 45,000 U three days after that, etc. This operation can effectively avoid triggering risk control by the bank due to concentrated funding or regular amounts.
2. Choosing Withdrawal Timing: Absolutely avoid the period from midnight to 8 AM when the bank's risk control system is highly active. Choose to perform the withdrawal operation between 10 AM and 4 PM, as this time period sees relatively stable bank processing and reduces the risk of misjudgment in withdrawal.
III. Optimize Bank Card Usage
1. Increase Bank Card Activity: The bank card used for withdrawal must maintain high activity levels. In the week prior to withdrawal, make several small transactions with the card daily, such as taking the bus or subway, buying breakfast, etc., while also performing some small transfer operations, like sending pocket money to family, allowing the bank to see that this is an active card for daily life.
2. Avoid Bank Card Anomalies: Before and after withdrawal, do not frequently report the card as lost or reinstated, nor should you change the mobile number linked to the bank card or other important information in a short period, to avoid raising the bank's alert and causing withdrawal issues.
IV. Risk Prevention and Emergency Handling
1. Retain Transaction Evidence: Throughout the withdrawal process, ensure all transaction records are kept, including chat records with merchants or trading counterparts, screenshots of trade orders, proof of funds received, etc. These evidences can help prove the legality and authenticity of the transaction in case of disputes or bank investigations.
2. Responding to Anomalies: If you notice signs of your bank card being frozen, such as being unable to transfer or withdraw normally, immediately contact bank customer service to understand the reason and the freezing institution. At the same time, report the situation to the Binance platform, provide relevant transaction evidence, and actively cooperate with investigations to strive for a quick unfreezing of the bank card.
By learning these tips, you can safely and smoothly complete the withdrawal of 1 million U from Binance, ensuring your investment gains are securely pocketed.