How do people usually withdraw funds?

Directly through exchange C2C, or finding someone they know to exchange?

If it's a few thousand or tens of thousands, it's obviously no big deal, but what if someone bets it all and earns enough for an A8 or even a house? At that point, large withdrawals need to be approached with caution.

I know an uncle who has been active in the secondary market and made some money during the MEME craze. Recently, the market has been a bit quiet, and he hasn't withdrawn in a long time. He wants to sell some USDT but is unsure about the recent trends.

He remembered a friend who works in the anti-money laundering department of a certain bank once saying that any single transfer exceeding 50,000 will automatically trigger the bank's anti-money laundering system. This doesn’t necessarily mean the card will be frozen, but the transaction will undergo stricter scrutiny. With this in mind, he ended up selling a few transactions of 49,800.

At that time, the uncle was still wondering if his card would be frozen? Should he transfer this money to another card? However, he ultimately chose to remain still. This decision of inaction is debatable as right or wrong, but three days later when he tried to make a transfer, he found that his card was frozen, and thus began his arduous journey to unfreeze it.

Phase 1: The bank branch expressed helplessness and said he needed to contact a certain local freezing agency XX for assistance.

Phase 2: He contacted the local agency and was told he needed to come in person to submit complete materials and proofs.

Phase 3: After running around to submit materials in a different location, he also had to return the amount involved in the fraud case and then patiently wait for processing.

The back and forth was exhausting; refunding the money left him with all the losses to bear, truly a heavy blow.

In fact, if one wants to withdraw funds safely and without worries, it's not that difficult.

You can try using the #biyapay wallet. It's already available on Google apps, holds a legal license in the United States, ensuring transaction security and compliance.

BiyaPay is the world's first multi-asset trading wallet, providing investors with a new, more intuitive interface and trading experience for digital currency against fiat currency.

For crypto users, BiyaPay offers a secure and convenient B2C withdrawal solution, effectively addressing card freezing and fund issues in OTC or C2C transactions. Users can deposit USDT into the remittance platform, easily convert it to USD, and withdraw to a Hong Kong card.

B2C refers to the business-to-consumer model, which differs from the traditional person-to-person approach, and the security is self-evident!