📝 Binance Advisory Note: Safely Cashing Out Crypto
(Especially USDT)**
**Subject:** Mitigating Risks When Cashing Out Large Sums (e.g.,
$100M in Crypto)
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### **⚠️ Key Risks of Selling USDT (P2P/OTC)**
1. **Bank Scrutiny**: Large deposits trigger "financial planning" calls, freezes, or investigations.
2. **Dirty Money Exposure**: Tiers of risk:
- **Tier 3**: Short freezes (days/weeks).
- **Tier 2**: 6+ month freezes or confiscation.
- **Tier 1**: Criminal charges (e.g., money laundering).
3. **Scams**: Over-market rates (e.g., ¥7.5 vs. ¥7) = high fraud risk.
### **✅ Safe Cash-Out Strategies**
- **Trusted Counterparties**: Only deal with verified buyers;
confirm funds are clean (no suspicious accounts) before releasing USDT.
- **Small Batches**: Spread out withdrawals (e.g., ¥200k/day via Alipay). Avoid bulk transactions.
- **Avoid Offline Deals**: Never trade cash in person—high legal/safety risks.
- **Structured Channels**: For very large sums (e.g., HKD routes), use licensed services—*never DIY without expertise*.
### **🏦 Bank Risk Control**
- **Small Amounts**: Usually ignored.
- **Large Amounts**: Expect scrutiny, withdrawal limits, or in-
person verification.
- **If Flagged**: Banks audit *all* past transactions—ensure clean records.
### **🔴 Red Flags to Avoid**
- "Too good to be true" rates.
- Unverified P2P buyers or platforms.
- Rushing transactions (increases mistakes/flags).
**Pro Tip:** Patience and due diligence > greed.
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#Binance #Crypto #OTCSafety #Write2Earn
*(Adapted from community insights—always consult
legal/financial experts for large-scale exits.)*
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**Note:** This is a simplified guide. For personalized advice,
engage Binance’s OTC desk or compliance team. 🚀