You can't believe it, I once bought 500 bitcoins with 10,000 yuan! 😂 At that time, my father scolded me, but I made 3,000 yuan and sold it immediately. Now I look back, how much are 500 bitcoins worth today? At least 150 million! It would have been great if I hadn't sold them at the beginning~ 💔
After making huge profits in the cryptocurrency circle, if you choose to withdraw to your personal bank account, the bank may indeed inquire about the source of the funds, especially when it comes to large transactions. According to the regulations of the People's Bank of China, financial institutions are obliged to report large and suspicious transactions to prevent money laundering and illegal financing.
