How to Cash Out 5 Million from Crypto Trading? A Beginner's Guide to Avoiding Pitfalls

Today, I will talk about how to safely sell USDT and cash out if we have earned 5 million in the crypto world.

5 million is not a small amount,

if not handled properly, it could attract the attention of banks and you might even get involved in illegal money issues.

Next, I will break down in detail how to safely withdraw money.

(It is recommended to like + save this to avoid losing it later)

1. The risk of selling USDT on platforms: the chances of encountering illegal money are not small:

Level 3 illegal money: accounts are likely frozen for 3 days; large amounts may be frozen for half a year.

Level 2 illegal money: account frozen for 6 months, and funds may be confiscated.

Level 1 illegal money: concealment of criminal proceeds, starting from 3 years!

2. How to avoid risks?

Don’t be greedy for low prices when buying USDT,

or selling it at an unusually high price (for example, if the market price is 7 yuan, and you sell it for 7.9 yuan),

if you knowingly engage in such abnormal transactions, the consequences can be severe,

you may think you are getting a bargain, but the other party is looking to take your principal.

Do not go to platforms or find USDT merchants to conduct offline cash transactions; it’s best not to touch this at all,

the possibility of illegal money is high, and it may even threaten personal safety.

3. Safe cash-out methods:

1. Trade with familiar and reliable people: the other party gives you money first, you give them USDT afterward. After receiving the money, verify the funds; if the funds have not been settled for more than 3 days or if the transaction flow is too frequent, do not accept them.

2. Withdraw money slowly: for example, if you want to withdraw 10 million, use Alipay to withdraw about 200,000 each day; being too anxious can lead to mistakes.

3. If possible, do not use bank cards; converting to Hong Kong dollars is troublesome, requiring qualifications/procedures and special channels, and do not attempt it lightly if you are not clear about it.

4. Bank risk control

1. Small amounts: Banks generally do not ask questions.

2. Large amounts: If too much money enters the account daily, it may be restricted from non-counter transactions, and you can only withdraw cash over the counter.

3. Clean background: If the money earned from selling coins is clean, the bank will not ask too many questions; if there is a "record": the bank will investigate very thoroughly.

5. Conclusion

Selling USDT to cash out carries great risks, do not be greedy or seek convenience. Find reliable people to trade with, withdraw money slowly, and avoid being subjected to bank risk control or getting involved in illegal money.