How to avoid receiving dirty money in cryptocurrency transactions? I have a batch of U I want to sell, but I am worried about receiving dirty money, afraid that the hard-earned money will go to waste. What should I do?
Today I will teach you step by step how to sell U, to avoid receiving dirty money.
I have summarized 5 points, of which the 5th point is crucial. Many people suffer great losses just because they overlooked this.
These 5 points are summarized based on past actual cases and a lot of experience in large OTC transactions. I hope it helps everyone, at least to avoid having your account frozen because of selling U, or even getting involved in criminal activities.
Point 1: Look at the transaction volume. Check the flow of the counterparty for larger transaction amounts. Look at their transaction history for at least a week or even half a month. Check if there are quick in-and-out transactions, daily consumption, or suspicious fund flows, etc. Assess the source of the funds and evaluate their reliability. In private transactions, request the other party to provide bank transaction records for the past month and check them carefully.
Point 2: The registration time of the trading platform of the other party. The shorter the time, the more questions arise. The probability of issues increases.
Point 3: The payer's and the trader's information must match. Don't believe others who say their card has a limit and they can only use a friend's card for payment, etc. If you need to make a transaction, use your own card; otherwise, you might be using someone else's card to launder money.
Point 4: Those merchants who offer high prices are more likely to receive dirty money.
Point 5: If conditions permit, record the entire transaction process on video and back up the evidence. Many people do not do this well and suffer losses. If you do these 5 things well, even if your account is frozen later or you get involved in criminal activities, you will have room for defense.
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