There is a group of people in the cryptocurrency circle who do not make money by speculating in cryptocurrency contracts, but only by buying and selling USDT (hereinafter referred to as "U").


A few years ago, as a U acceptance merchant, you could earn one month or even one year's salary of an ordinary person every day. With the risk control of banks and various black and gray funds flowing into the cryptocurrency circle, the risk of frozen cards has increased, and this industry is no longer as profitable as before.


But U Acceptor is not a Ponzi scheme or a religious conspiracy, but why is it not recognized as a legal industry?


What is U Acceptor?
It means selling U low and selling U high to earn the difference.
Tianji entered the cryptocurrency trading industry in 2019, and at that time he could make tens of thousands every day.


U acceptors are divided into 3 categories:
1. Currency traders in exchanges
To be a currency trader, you need to pay a deposit to a currency exchange and need an introducer. The deposit for each exchange is different, but is generally within 200,000.
Then prepare 200,000 yuan of working capital, and you can probably start making money.

Features: high cost, easy to control cards, low legal risk.
Risk: Not allowed in China


2. Off-site acceptors
This type of acceptor generally uses social groups and social software as carriers to serve customers with their own private traffic to conduct U buying and selling transactions.

A good OTC acceptor will guarantee the safety of customer funds, will not freeze the credit card, and will provide compensation for frozen credit cards (this type of acceptor will earn higher profits.)
For example, if you sell U at 7.2 on the platform, and sell it at 6.9 at an OTC acceptance dealer that guarantees safety, it is normal.
However, over-the-counter transactions are very risky. Some unscrupulous acceptors simply receive the money and run away without transferring it, or the money is frozen as soon as it arrives in your card.

Therefore, if you must find an over-the-counter acceptance merchant, you must find one that is trustworthy and reliable.
Features: The acceptor has high profits and needs to have its own customers. For customers, there is no platform guarantee or restriction, and transactions can be made immediately.

Disadvantages: No guarantee, high risk, always beware of scammers

3. Acceptors of cross-platform arbitrage


This type of acceptor is arbitrage USDT, buying U from an exchange and selling it on another platform to earn the difference.
The prerequisite is to find a reliable and experienced platform for selling U.

There is basically no room for operation in this kind of situation now. It was OK in the early stage of the cryptocurrency circle. Now it is basically dead.


Features: low threshold, considerable profits, platform guarantee, fund security, small working capital required, and everyone can participate.

Among the above three ways to make money, which one is more suitable for you? ?


The risks of being a currency trader in the exchange:

1. Being punished by the bank, unable to obtain loans or apply for credit cards.

2. Two-card management and control personnel.

3. Credit punishment.

4. My uncle pressed my head every morning and evening.

5. U-merchants who have known each other for 2-3 years basically disappear, and the result is obvious.

If you have these thoughts, you need to think carefully.

If you want to delve deeper into the cryptocurrency world, but can’t find a clue, and want to get started quickly, please follow the comments

I share your personal insights into the market.

If you are an experienced person, I hope these can help you build a good world view and cognition, and avoid taking detours.