Are you familiar with this scene? 👇
Buying and selling US dollars on exchanges, this kind of C2C arbitrage, I believe many people have operated.
There are two types of people here:
1. On one side are users, directly purchasing on OTC platforms.
2. On the other side are merchants, who can become 'certified merchants' of the exchange after paying a 10,000 US dollar deposit and completing identity and device binding.
So what? Merchants can place orders,
For example: Buy at 7.22 → Sell at 7.26, earning 0.04 per US dollar.
In other words, a 10,000 US dollar order has a net profit of about 400 yuan.
This low-risk arbitrage method looks stable and simple.
There are even 'capital verification requirements', indicating that the entry threshold is not low and merchants are becoming more professional.
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💰 High turnover ≠ legal and safe.
But the problem arises:
This kind of arbitrage, quick in and out, with huge turnover, doesn’t it sound a bit like some money laundering activities?
This is also why many people are now hesitant to play arbitrage casually, the reason is this:
👉 Although the law does not 'explicitly prohibit' it.
👉 However, in terms of real-world execution, once risk control is involved, you will be checked first and then discussed.
Big players have annual turnovers of hundreds of millions, while small merchants also easily reach millions.
The higher the profit, the greater the risk, and the higher the probability of getting caught.
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⚖️ From a legal perspective, does this count as illegal?
According to (Notification 924):
• Cryptocurrency trading itself has not been defined as an illegal act.
• However, frequent OTC transactions related to finance may be regarded as illegal financial activities.
But the problem arises, these 'illegal financial activities' are not explicitly prohibited by administrative law, so they cannot be used to directly punish you.
What is the conclusion?
Gray area. The risks are not low. You never know when risk control will come to visit.
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🧠 So what are the safer, more potential options?
If you are tired of this type of 'walking on the edge of the red line' arbitrage operation,
That's when it's time to consider an opportunity with a truly legal narrative, international certification, and the potential for a hundredfold return:
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🐶 Conan C.O.N.A.N — the official hero dog of the United States, the king of narratives on the Solana chain.
✅ Trump, the military dog hero praised by the White House.
✅ A 3A asset combining Meme + Narrative + International Topics.
✅ Born in Solana, low Gas and high speed, strong community consensus.
✅ No need for capital verification, no need for arbitrage — as long as you believe in the narrative.
✅ No playing in gray areas, only playing in positive consensus explosions.
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📣 Do you want to earn 0.04 yuan from arbitrage?
Or is it the appreciation of assets from a hundredfold narrative explosion?
Between risk and freedom,
Conan, giving you a path that can truly last long.
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Join Conan, embrace a positive narrative, and no longer be a victim of arbitrage.
This time, don’t miss the opportunity to board the 'consensus starting point'. 🚀#FTX赔付 #加密市场回调 #交易类型入门 #美国加征关税