Withdrawal = Being Targeted? After Making Big Profits from Trading Cryptocurrency, Can You Really Cash Out Your Money?

Made money from trading cryptocurrency and want to withdraw? Then you better ask the bank if they will let you go.

Now banks are keeping a close eye on large incoming amounts, especially those related to digital asset sources. Once they suspect something, expect a barrage of phone calls and possibly account freezes. In the past, lax regulations might have allowed some to slip through, but now they want to know "where the money came from" and require detailed reconciliations.

The safest way? Manage funds discreetly, exchange for dollars, transfer to foreign currency accounts, and avoid regulatory sensitive areas. Dollars not only allow free entry and exit, but also benefit from currency appreciation, making overseas spending easy and hassle-free.

Experts have another trick up their sleeves — acquiring established foreign trade companies to directly use their existing foreign trade accounts, ensuring compliant cash flow, facilitating transactions, and hedging against the depreciation of the yuan.

Here are some common questions answered:

Why acquire a foreign trade company instead of starting one yourself? It's more convenient with existing cash flow.

Is it okay to have no import/export business? Having cash flow is more stable; just don't make it too obvious.

How much can be earned from cross-border arbitrage? It mainly relies on price differences between platforms, and timing is crucial.

Will there be losses? Very rarely, but if the platform lags or there are significant market changes, the risk is non-negligible.

In summary: Money has been made, but how to cash it out is the most technically challenging part. Are you ready?