Brothers, today we will talk about an important topic that experienced players in the cryptocurrency world cannot avoid — the risks of selling U and cashing out. After struggling in the crypto world and finally earning 5 million from selling U, do not naively think that the bank will celebrate for you. The reality is that banks may frequently contact you or even visit you directly. But this is not to care about you; most of it is to sell you financial products, trust products, or insurance, and invite you to become a VIP gold card user. However, compared to these 'minor troubles' from the bank, the hidden dangers posed by black money are what truly frighten people.
Three 'greetings' of black money
Selling U on trading platforms carries a significant risk of encountering black money. Black money can be roughly categorized into three levels, each bringing different degrees of trouble.
Level three black money: Once your account receives this type of black money, it will be frozen for 3 days. If the amount involved is large, freezing for half a year is also common. During this time, your funds cannot be used normally, disrupting your life and investment plans.
Secondary black money: Accounts will be frozen for 6 months, and worse, there is a risk of funds being confiscated. If the amount involved is relatively small, you might be able to unfreeze it by paying a 10% compensation fee; but if the amount is large, it could lead to more than just financial loss, as imprisonment awaits you. Moreover, for the next 5 years, you will be unable to open online banking, apply for a new bank card, and forget about loans, essentially crippling your financial life.
Level one black money: This is the most serious situation. Once deemed to conceal criminal proceeds, the sentence will start at a minimum of three years. A bright future would be ruined, and your life trajectory will be completely rewritten.
It is particularly important to note that if the price at which you buy or sell U is obviously abnormal, for example, if the market price is 7 yuan and you sell it for 7.5 yuan, engaging in transactions despite knowing the price is unreasonable often puts you at great risk, with unimaginable consequences.
Three major taboos when selling U
To avoid being associated with black money, remember the following three points when selling U:
Do not trade on platforms: The trading environment on platforms is complex, and the probability of black money being mixed in is high, posing great risks. Many criminals will take advantage of the concealment and convenience of platform trading to mix black money into normal transactions. Once you fall for it, it will be too late to regret.
Do not deal with U merchants: The group of U merchants is mixed, and some are undoubtedly linked to illegal funds. Trading with them is like walking in a minefield; a slight misstep could trigger a 'black money bomb.'
Do not engage in offline transactions: Offline cash transactions not only have a high possibility of involving black money, but also pose a threat to personal safety. In a transaction environment without transparency, you may face dangers such as robbery and extortion. Never put yourself in such a risky situation.
The correct way to safely withdraw funds
After making money, how can you safely withdraw it? Here are a few practical tips:
Find reliable and familiar people for transactions: Preferably choose to have the other party pay you first before you deliver U. After receiving the money, be sure to carefully verify the funds. If the funds have not been deposited for more than 3 days or if the inflow and outflow are too frequent, these funds may have issues, so do not accept them. The cash flow of a normal life bank card is relatively stable and reliable and can be used as a reference.
Withdraw funds gradually: Even if you make a fortune, do not rush to sell everything at once. For example, if you want to withdraw 10 million, you can operate slowly through methods like Alipay, withdrawing about 200,000 each day. Patience is key, as withdrawing too quickly can attract the attention of banks and regulatory agencies, increasing unnecessary risks.
If possible, avoid using bank cards: Transactions via bank cards are monitored strictly and carry higher risks. Consider using relatively safe third-party payment platforms or compliant financial tools for withdrawals, but also ensure their legality and safety.
Bank's 'Special Attention'
If the amount you are withdrawing from selling U is relatively small, banks usually do not interfere too much. However, if your bank card receives too much money daily, it may be restricted from non-counter transactions, at which point you will have to go to the counter for withdrawals. This is a precaution banks take to prevent telecom fraud and avoid bank cards being borrowed for illegal activities.
If you have a clean background and have no negative records involving drugs or organized crime, and the money you earn from selling coins is legally sourced, then there is no need to worry too much; banks usually do not ask too many questions. However, if you have a 'criminal record,' banks will definitely conduct a thorough review and will not overlook any suspicious points.
Final advice: Do not be greedy for cheap deals or fast profits
Brothers, making money in the crypto world is not easy, and cashing out requires caution. Never be tempted by cheap U purchases, nor think about selling U at a high price for huge profits. The traps of black money are everywhere; a slight mistake could lead to a point of no return. Investment and finance require a steady approach; taking it slow is the only way to establish a lasting foothold in the crypto world and achieve steady wealth growth.
I hope this article can help everyone, allowing you to avoid detours in the crypto world and earn more profits! The crypto world has a long road ahead, let us move forward steadily and earn steadily!