Prevention & Handling Methods
Payment method: Prefer Alipay > WeChat > Card.
Alipay (reliable long-term cooperation can handle large amounts), WeChat (WeChat transfer has strict risk control, suitable for small amounts), and if all else fails, use a card.
You can activate the balance transfer in WeChat and the Yu'ebao in Alipay. Put money into the balance transfer or Yu'ebao first to reduce risk control before spending or withdrawing. Both Alipay balance and WeChat balance have limits, generally 200,000/year. Try not to trade late at night. Try to cooperate with the same person for a long time to avoid risk control.
Card:
Do not enter and exit the platform within seconds. If not urgently needed, it's best to stay for at least one night. Do not let the card balance drop to zero; keep at least 1,000 to 2,000. It's best to operate during working hours from 8:00 to 18:00. When transferring, you can note the purpose such as goods payment, repayment, rent, etc. Be aware of the daily transfer limit; the downside of the card is that it cannot handle frequent transactions.
How to deal with card risk control or freezing
First, do not panic. For bank risk control: verify the situation at the bank, seek to lift the risk control. If you have a legitimate business, explain the business purpose. Some banks may not release it, and it depends on personal skills. If it is not black money, it can be used at the most as non-counter transactions, and the money can still be withdrawn and used.
Judicial Freeze: Contact D Card authorities by phone, clarify which transaction has a problem, submit materials, and explain the transaction situation. Even if the money cannot be used, at least the suspicion can be lifted.
How to avoid trading with merchants or individuals involved in black money
1. Prioritize exchanges over over-the-counter transactions, especially T+1 exchanges; T+0 laundry money is the maximum. Do not engage in off-platform transactions; those suggesting private trades are usually scammers (people who are greedy for higher prices often become their targets).
2. Find shield merchants who frequently trade on exchanges; do not negotiate for quick orders, or trade at the highest or lowest prices on the exchange. The price of U fluctuates in over-the-counter and individual exchanges. These merchants only sell U or only accept U, as they are more likely to encounter black money due to their involvement in over-the-counter transactions.
3. Be cautious of individuals or friends who introduce you if their WeChat profile does not have a nickname or period, or if they are not real name verified and do not have a friend circle.
4. Be sure to save chat records and transfer records when transacting with merchants or customers; they are essential for self-verification at critical moments.
5. The above are experiences I have summarized since entering the cryptocurrency world, based on the personal experiences of customers I encountered or my own risk control summary. I share them with everyone now. The word count is limited, and the writing may be lacking. That's about it; the rest is for you to understand on your own.
The last top three advertisers in Binance's shield monthly transaction volume (Financial and Safety Shield - Frozen Package Compensation) wish all friends financial gain, smooth withdrawal, and continuous success.
