泵泵超人
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🧐 Current Comparison of "C2C Withdrawal" Services Across Major Exchanges
In fact, very few exchanges are willing to personally engage in C2C withdrawal services, instead relying on OTC merchants / third-party payments to complete the process.
Most small exchanges lack the capacity to fulfill "compliance responsibilities". Currently, only a few large exchanges, such as Binance and OKX, handle withdrawals themselves.
👉 Let's compare the differences in "C2C Withdrawal" services among current exchanges.
Withdrawal services are generally similar, but the quality of merchants varies.
If there are issues with the merchant's funds, users who receive money may face risks of freezing. Let's see if major exchanges have policies to address such situations:
1️⃣ Binance
➤ Binance Select: Compensation 50% / Limit 20,000 USD (Fee 0.2%)
➤ Binance Shield: Compensation 10% / Limit 2000 USD (No Fee)
2️⃣ OKX
➤ OKX Standard/Bulk: No Fee, No Compensation Policy
3️⃣ Huobi
➤ Huobi Standard/Bulk: No Fee, No Compensation Policy
➤ Huobi Blue Shield: Compensation 10%, Limit 1000 USD (No Fee)
Currently, only "Binance" and "Huobi" have compensation policies for freezing during withdrawals, and the compensation amounts are categorized into several tiers.
Binance Shield and Huobi Blue Shield both offer compensation of 10%, with limits ranging from 1000 USD to 2000 USD. Although the amounts are not large, they can still meet the withdrawal scales for most users.
💡 For users with larger volumes, "Binance Select" is a better choice.
Binance selects the best from "Shield Merchants", raising the compensation limit directly to 20,000 USD. By only paying an additional 0.2% fee, users can achieve a compensation ratio of 50%.
20,000 * 0.2% = 40 USD, which for a large account may just be the fee for one transaction, can buy a withdrawal guarantee, which is quite worthwhile.
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⏰ From August 18 to August 31, experience the benefits of "Binance Select"
In the select area, accumulate trades exceeding 30,000 USD, and if the order number contains three 3s, the first 100 can receive exclusive Binance merchandise.
Additionally, among these orders, the top 3 with the highest "3 quantity" will each receive a 256G iPhone 17.
* First-time users of C2C to purchase any cryptocurrency can receive a 15% cashback benefit.
In fact, very few exchanges are willing to personally engage in C2C withdrawal services, instead relying on OTC merchants / third-party payments to complete the process.
Most small exchanges lack the capacity to fulfill "compliance responsibilities". Currently, only a few large exchanges, such as Binance and OKX, handle withdrawals themselves.
👉 Let's compare the differences in "C2C Withdrawal" services among current exchanges.
Withdrawal services are generally similar, but the quality of merchants varies.
If there are issues with the merchant's funds, users who receive money may face risks of freezing. Let's see if major exchanges have policies to address such situations:
1️⃣ Binance
➤ Binance Select: Compensation 50% / Limit 20,000 USD (Fee 0.2%)
➤ Binance Shield: Compensation 10% / Limit 2000 USD (No Fee)
2️⃣ OKX
➤ OKX Standard/Bulk: No Fee, No Compensation Policy
3️⃣ Huobi
➤ Huobi Standard/Bulk: No Fee, No Compensation Policy
➤ Huobi Blue Shield: Compensation 10%, Limit 1000 USD (No Fee)
Currently, only "Binance" and "Huobi" have compensation policies for freezing during withdrawals, and the compensation amounts are categorized into several tiers.
Binance Shield and Huobi Blue Shield both offer compensation of 10%, with limits ranging from 1000 USD to 2000 USD. Although the amounts are not large, they can still meet the withdrawal scales for most users.
💡 For users with larger volumes, "Binance Select" is a better choice.
Binance selects the best from "Shield Merchants", raising the compensation limit directly to 20,000 USD. By only paying an additional 0.2% fee, users can achieve a compensation ratio of 50%.
20,000 * 0.2% = 40 USD, which for a large account may just be the fee for one transaction, can buy a withdrawal guarantee, which is quite worthwhile.
----------------
⏰ From August 18 to August 31, experience the benefits of "Binance Select"
In the select area, accumulate trades exceeding 30,000 USD, and if the order number contains three 3s, the first 100 can receive exclusive Binance merchandise.
Additionally, among these orders, the top 3 with the highest "3 quantity" will each receive a 256G iPhone 17.
* First-time users of C2C to purchase any cryptocurrency can receive a 15% cashback benefit.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.