🔐 Choose a compliant exchange: Select large compliant exchanges like Binance and OKEx to convert cryptocurrency into RMB or foreign currency and withdraw it to a bank card. These platforms typically have comprehensive risk control and compliance mechanisms that effectively ensure the safety of funds.
• Ensure real-name authentication: When withdrawing, ensure that the bank card and identity information match, and that real-name authentication has been completed. This can help avoid unnecessary troubles during withdrawal.
• Consider international accounts: If you often travel abroad, consider opening a bank account in Singapore or Hong Kong to convert cryptocurrency into foreign currency before withdrawing. Be sure to ensure that account opening complies with local laws and regulations, and honestly explain the purpose of the account.
• Choose reputable trading partners: When trading in the C2C market, select trading partners with a good reputation and transparent trading records. Ensure that the payment method is real-name payment to further safeguard transaction security.
• 🔍 Avoid bank risk control by withdrawing in batches: For large amounts, it is recommended to withdraw in batches, each time keeping it under 100,000 yuan. Additionally, regularly use your bank card for normal transactions, maintain a certain balance or purchase financial products, to ensure the bank considers you a reliable customer. Avoid rapid inflows and outflows of large amounts to reduce bank suspicion. Try to conduct transactions during bank working hours and keep complete transaction records.
• Resolve issues promptly when encountering risk control: If funds are frozen or subject to risk control, contact the bank immediately, clearly explain the source of the funds, and provide relevant transaction records and proof materials. Usually, cooperating with the bank for appeals can help resolve the issue smoothly.