How to cash out 200 million safely?
Generally, OTC merchants can only handle cash withdrawals below 10 million. In reality, withdrawals in the millions are very common, and amounts in the tens of thousands to hundreds of thousands pose almost no risk except for occasional frozen cards.
Typically, those with cash flow exceeding 100 million will directly engage in market making; why bother with OTC? The risk is high and the earnings are relatively low..
For withdrawals in the tens of millions, equivalent assets such as houses, cars, and phones are usually provided. We can also assist with payments in other equivalent assets. I haven't seen anyone with that much asset fully stored in banks; they usually diversify across various assets such as real estate, companies, stocks, projects, artworks, luxury goods, etc. Cryptocurrency itself is also a valuable currency; you don't necessarily have to convert all of it.
The commission typically ranges around 10%, depending on the nature of the funds. The higher the risk and the larger the amount, the higher the commission.
If you want to exchange such a large sum for RMB assets, it’s basically not something one supplier can handle. The person who can manage this needs to have a significant network. Moreover, the asset conversion project needs to last at least 1-2 years. For example, if you really have that much money and want to open accounts on exchanges to diversify your funds, I can help you find 20 different exchanges and get you VIP accounts within a week, and then we can start strategizing. That’s what networking and resources are about.
Another counterintuitive experience is that on-chain funds are actually much cleaner compared to traditional financial capital. You haven't seen how those with assets in the hundreds of millions got their start.233.
Moreover, your request to exchange for RMB assets does not fundamentally violate the core interests of regulatory agencies.
The mainland mainly cracks down on asset outflow rather than inflow, so it’s not too difficult after all.