Earned 1 million, ready to withdraw? Especially for beginners, this guide is a must-keep!
1. Hong Kong Withdrawal: Make a personal trip
Operation method:
Go to Hong Kong, exchange USDT or other cryptocurrencies for Hong Kong dollars or Renminbi at local currency exchange points.
It is recommended to withdraw multiple small amounts to reduce the possibility of being monitored or triggering risks.
Avoid carrying large sums of money at once to prevent trouble.
Carefully choose reputable exchange shops to avoid risks such as 'taking the coins and running away'.
2. Overseas Bank Card Withdrawal: Safe but requires preparation in advance
Operation method:
Transfer USDT from Binance to trading platforms like Kraken and exchange it for USD.
Withdraw to an overseas bank account, such as Zhong An Bank or other banks that support cryptocurrency transactions.
Precautions:
Apply for an overseas bank card in advance to ensure funds can be withdrawn smoothly.
Pay attention to exchange rates and fees to reduce profit losses.
Overall risk is relatively low, but ensure the account is used in compliance.
3. Binance C2C Trading Withdrawal: Flexible but needs caution
Operation method:
Use the Binance C2C platform to exchange USDT for Renminbi or other currencies through a real-name authenticated merchant.
After the transfer is completed, withdraw the funds to a bank card.
When choosing a merchant, pay attention to:
Registration time: at least 2 years of operation.
Transaction volume: high and stable trading volume to avoid account freezing due to abnormal transactions.
Strictly prohibit offline transactions to avoid cash transactions or using opaque channels (such as Telegram) to prevent fraud or robbery.
⚠️ Real case warning
Robbery risk: There are offline traders who have been robbed for holding large amounts of cash or USDT, even endangering personal safety.
Legal risk: Offline transactions may be deemed illegal operations, potentially leading to legal disputes, with both parties possibly being victims.
Reminder: The cryptocurrency world is full of uncertainties, invest rationally, safety first! Remember to stick to a steady strategy to cope with market changes!
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