Most people find it difficult to withdraw digital currency mainly for the following reasons:

Regulatory Policy Restrictions

- Many countries and regions have a cautious regulatory attitude towards digital currency, and even explicitly prohibit direct exchange transactions between digital currencies and fiat currencies. For example, China prohibits financial institutions and payment institutions from participating in digital currency-related business, which severely restricts the withdrawal channels for digital currency in these regions.

- Some countries, while not completely prohibiting, have set strict regulatory requirements for digital currency trading and withdrawals, such as requiring trading platforms to conduct rigorous KYC (Know Your Customer) and AML (Anti-Money Laundering) certification, which increases the difficulty and review process of withdrawals.

Trading Platform Risks

- Some digital currency trading platforms have issues with improper operation, chaotic fund management, and may even experience platform exits, leading to users' assets being unable to be withdrawn normally. For example, the former FCoin trading platform, due to poor management and funding issues, resulted in a large number of users being unable to withdraw.

- Trading platforms may suspend withdrawal functions due to technical failures, network attacks, and other reasons to ensure the safety and stability of the platform, which may also temporarily prevent users from withdrawing.

Characteristics of Digital Currency

- The transactions of digital currency have certain anonymity and decentralization features, making it difficult to trace the sources and destinations of funds, which can easily be exploited by criminals for money laundering and other illegal activities. To prevent money laundering and other illegal criminal activities, platforms and regulatory agencies conduct strict reviews of digital currency withdrawals, leading to a complex and difficult withdrawal process.

- The market price of digital currency is highly volatile, and some platforms impose restrictions on withdrawal amounts, withdrawal times, etc., to prevent users from making large withdrawals due to market fluctuations that could cause problems with the platform's cash flow.