In the cryptocurrency world, cashing out is always a key concern for everyone. Imagine that one day you make a profit of 10 million from trading and want to cash it back to your account. Will you be accused of having an enormous amount of unexplained wealth? Will directly cashing out to your own card lead to your card being frozen? After all, in the traditional OTC process, the identity and source of funds of the other party are not that transparent, which poses a series of problems. It's fine for small amounts, but what about large ones?
No rush, first we know that in many countries abroad, trading cryptocurrencies is a legal investment activity. Therefore, the income we earn is a reasonable investment gain, not illegal income. Based on this logic, we can seek a legal and safe way to cash out!
Is there any way to exchange USDT for fiat currency and eventually transfer it back to domestic bank cards, Alipay, or WeChat through remittance? Although there will be some loss in the process, this is a legal way to withdraw funds, and I believe everyone will prioritize safety at that time.
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Details can be found in the article of the same name
