After years in the cryptocurrency market, earning 1 million, are you ready to withdraw? Especially for beginners, you must bookmark this guide!
1. Withdrawals from Hong Kong: Make a personal trip.
Operating methods:
Go to Hong Kong and exchange USDT or other crypto assets for HKD or RMB at local currency exchange points.
It is advisable to make multiple small withdrawals to reduce the likelihood of being monitored or triggering risks.
Avoid carrying large amounts of cash at once to prevent trouble.
Carefully choose reputable exchange stores to avoid risks such as 'running away with the coins'.
2. Withdrawals from overseas bank cards: safe but requires prior preparation.
Operating methods:
Transfer USDT from Binance to trading platforms like Kraken to exchange for USD.
Withdraw to an overseas bank account, such as ZhongAn Bank or other banks that support crypto transactions.
Precautions:
Obtain an overseas bank card in advance to ensure smooth fund withdrawals.
Pay attention to exchange rates and fees to reduce profit losses.
Overall risk is low, but ensure the account is used compliantly.
3. Binance C2C trading withdrawals: flexible but requires caution.
Operating methods:
Use the Binance C2C platform to exchange USDT for RMB or other currencies through real-name authenticated merchants.
After the transfer is completed, withdraw the funds to your bank card.
When choosing merchants, pay attention to:
Registration time: At least 2 years of operation.
Trading volume: High and stable trading volume to avoid account freezes due to abnormal transactions.
Offline trading is strictly prohibited; avoid cash transactions or using opaque channels (like Telegram) to prevent scams or robberies.
⚠️ Real case warning
Robbery risk: There are offline traders who have been robbed due to holding large amounts of cash or USDT, which may even endanger personal safety.
Legal risks: Offline transactions may be characterized as illegal operations, potentially leading to legal disputes, with both parties possibly being victims.
Reminder: The cryptocurrency market is full of uncertainties, invest rationally, and prioritize safety! Remember to stick to a stable strategy to cope with market changes!