Brothers in the crypto world, today let's have a good chat about the hidden dangers and pitfalls of selling U and withdrawing funds! #交易心理学

Risks Hidden in Selling U

Selling U on platforms carries a not-so-low chance of hitting dirty money:

Level 3 Dirty Money: Your account will likely be frozen for 1 to 3 days, and if the amount is too large, being frozen for half a year is considered lenient.

Level 2 Dirty Money: You could be directly frozen for 6 months, and worse, your funds might be directly confiscated.

Level 1 Dirty Money: This could violate the crime of “concealing criminal proceeds,” with a minimum sentence of five years, which will definitely make you regret it!

How to Avoid Risks?

Don't be greedy for small gains: If the price is suspiciously low when buying U or ridiculously high when selling U (for example, if the market price is 7 yuan, and you sell at 7.2 yuan), and you know something’s off but still trade? The consequences will surely make you regret it.

Stay away from platforms and U merchants: Offline cash transactions are even riskier; the probability of dirty money is shockingly high, and if things go wrong, you might end up risking your life and fortune, which is not worth it!

What are the tips for safe withdrawals?

Trade with trustworthy people: Make sure the other party sends the money first before you give the U. Once the money arrives, check the funds first; don’t accept any funds that have been stagnant for more than 5 days or have too frequent transactions.

Don’t be too anxious to withdraw: For example, if you want to withdraw 8 million, withdraw about 150,000 per day via Alipay; being too hasty can lead to problems.

Use bank cards less: Converting to Hong Kong dollars? That operation can be troublesome, requiring qualifications, procedures, and special channels; don’t try blindly without understanding the process.

Bank Risk Control Matters:

Small Amounts: The bank simply doesn’t care about you.

Large Amounts: Too much money entering your account daily? Fine, they will directly impose non-counter transaction restrictions, and you’ll have to withdraw from the counter.

Clean Background: If the money you earn from selling coins is clean, the bank won’t say much.

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