You must pay attention, withdrawing funds carries risks! Depositing funds carries risks too!

Everyone has always thought that only withdrawing funds is risky,

but let me tell you for sure, depositing funds also has pitfalls, you must be careful,

because this is a real incident that happened to one of my followers.

Be extremely cautious to avoid pitfalls.

According to my follower's description, his source of funds was just withdrawn from the stock exchange, so there shouldn't be any issues,

the incident occurred when he wanted to deposit funds into the exchange, and he found a vendor on the exchange himself, the money was already transferred, but the vendor he chose was suspicious and claimed the funds were black money, resulting in his bank card being frozen, and even threatened to report to the police (in such cases, my personal opinion is that I don’t believe he would really report it, it’s just an attempt to scare the novice, who knows, they might just black out this money).

My follower told me he suspects the other party's card was initially in a frozen state, which indeed cannot be ruled out,

I have already advised him to contact Binance customer service to explain the situation, and I also asked him to provide proof of the safety of his funds and transaction records from his stock account to his bank card, which is currently in the appeal process.

Now we just have to wait for how customer service will adjudicate.

Safety Tips

Choose financial institutions that are regulated;

Beware of "no risk high returns" promotions;

Verify the platform's qualifications and user reviews before withdrawing funds.