How to avoid bank card freezing due to receiving black money in OTC transactions?
1. Choose a reliable trading platform
Give priority to large platforms: such as Binance, Ouyi, etc. These platforms have good communication and risk control measures with regulatory agencies. Withdrawal strategy: Choose a platform that supports T+1/T+2 withdrawals. Although it cannot be withdrawn instantly, it can reduce the risk of money laundering.
2. Transaction currency and bank card management
Avoid stablecoin transactions: Try to use mainstream currencies such as BTC and ETH for transactions.
Dedicated bank card: Use an uncommon bank card for OTC transactions to avoid mixing it with commonly used accounts such as salary cards.
Choose local banks: Cards from local banks are harder to freeze directly compared to large banks.
3. Transaction behavior and frequency
Avoid frequent transactions: Do not frequently trade with the same user, especially multiple buy-sell transactions in a short time. Choose large merchants: Try to transact with large merchants, reduce pending orders, and avoid contact with merchants from problematic areas. Reduce withdrawal frequency: Increase the amount of individual withdrawals to lower the frequency of withdrawals.
4. Transaction time and fund management
Weekday transactions: Choose to transact during normal working hours on weekdays, such as from 9 AM to 9 PM. Fund storage: Do not immediately transfer out funds after a transaction; store them for a period before processing.
5. Understand the reason for card freezing: Contact the account bank to understand the reason for the card freeze, distinguishing whether it is due to bank risk control or police freezing.
Bank risk control freeze: Communicate with the account-opening bank by bringing your ID card and bank card, submit relevant transaction proof, and cooperate with police investigations if necessary.
Police freeze: Observe for 3 days to confirm if it turns into a formal freeze, contact the responsible police officer to understand the situation and cooperate with the investigation.
Prove legal transactions
Provide transaction records: Including bank card transaction records, on-chain transaction records, platform order records, etc.
Prove the legitimacy of assets: Provide income proof and other evidence to demonstrate the legality of the transaction.
By following the above measures, you can effectively reduce the risk of receiving dirty money leading to bank card freezing in OTC transactions, and in case of unfortunate card freezing, you can quickly and effectively solve the problem.
