Regarding this topic, I think I should have a say.
In May 2020, I made a transaction that went into my card. Then I deposited it into a certain v and a certain account. A few days later, I went to the supermarket to buy something and found that third-party payments were not possible, and my bank card could not be used either. I encountered a frozen card! The serious issue is that the third party was also frozen!
Fortunately, I have not participated in any improper activities, just trading currency for U, so I contacted various phone numbers to reach Anhui, and my uncle told me there was a transaction sa, which caused my various cards to be frozen, and he suggested I handle it locally. At that time, it was also during the pandemic, and my uncle did not force me to go across provinces, but first asked me to provide some materials to explain.
So I sent my trading records with the OTC merchants, chat records, including my cryptocurrency trading records and work flow to my uncle, after all, if you are upright, you are not afraid of shadows.
I originally thought these materials could prove that I was completely fine, but when it came time to unfreeze my account, my uncle said that compensation was needed for the victims. This meant that I would have to compensate for my part, because trading cryptocurrencies is not protected. At that time, since I still had other money in my account, I could only blame my bad luck. I agreed with my uncle's statement. In the following days, everything was resolved.
In the following years, I was extremely cautious and accumulated some experience to share with everyone.
With conditions, I suggest getting a Mastercard Hong Kong card. Although there is a threshold, it has truly achieved 0️⃣ freezing. Many big influencers are using it, and I have been using it for a long time myself.
If you choose to convert to USDT through a traditional exchange, you must audit the merchant's funds, especially for large amounts, and you must check whether the merchant's cash flow has been stabilized; usually, if it’s less than three days, don’t go for it! When trading, be sure to clarify with the merchant that you only accept real-name transactions; if it’s not real-name, choose to report it. For your own safety, keep a certain amount of written evidence; don’t be afraid of trouble!
There is also a way to do it offline, but you must really understand and trust the other party. Problems encountered offline cannot be explained in just a few words. Unless you trust, this path is not suitable for ordinary people.
Trading cryptocurrencies itself is not protected, and withdrawing funds requires you to protect yourself even more. The Mastercard Hong Kong card is, in my opinion, currently the best choice. Its user base generally consists of international students, cryptocurrency players, or those with credit restrictions, and people engaged in foreign trade. Its downside is that it incurs fees, but compared to safety, the fees are insignificant. You can think of it as a card for use abroad. If you don’t understand, you can communicate at any time.#出金指南 $BTC
