Tutorial on the safest withdrawal method🔥🔥🔥
I will give you the safest solution for withdrawal, no other, listen carefully!
Stable currency ——> Find a way to exchange for USD (there are a lot of solutions, don’t ask, just search on Twitter) ——> Brokerage ——> Wise ——> Return to China
This is the safest, most compliant, and most tested channel, and it does not occupy the foreign exchange quota. The annual quota for one account is about 500,000 RMB.
If you are just a small retail investor and want to find a more convenient withdrawal solution, I will talk about my experience.
I have used the withdrawal of the three major exchanges, with more than 50 deposits and withdrawals, and finally had my card frozen three times. In the past year, I have made more than 10 deposits and withdrawals and have not been frozen;
So I have also stepped on many pits, and I think the current withdrawal method is relatively stable, so I will share my bumpy experience of deposits and withdrawals. It is purely personal experience and no in-depth analysis;
I went through two stages of withdrawal on Binance:
The first stage: Just like withdrawing money on OKX, I will select merchants with higher U prices with [transaction time of more than one year] and [number of transactions exceeding 1,000]. After about 5-6 withdrawals, although the card has not been frozen, there is always a shadow of the frozen card in my mind.......
The first stage Phase 2: This is my current withdrawal method. I am worried that my card will be frozen again, so I made a trade-off between U price and security and chose to use Binance Shield to withdraw money.
Summary:
Currently, the exchanges where people withdraw money are generally OKX or Binance. My experience is as follows:
OKX: There is a lot of dirty money on OKX, and the chance of freezing the card is very high. I have been frozen twice;
Binance: The security of Binance's ordinary U merchants is relatively high. I have never been frozen through ordinary U merchants; I think Binance Shield is the safest way to withdraw money. I have withdrawn money through Binance Shield more than 10 times and have not been frozen so far;
So my suggestion for withdrawal is to try not to use OKX, choose Binance to withdraw money, and if you want a safer way, use Binance Shield directly.
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