Made a million in the crypto world, ready to cash out?
Earned 1 million, ready to cash out? Especially for newcomers, this guide is a must-save!
1. Cashing out in Hong Kong: Go there in person. Operation method: Go to Hong Kong and exchange USDT or other crypto assets for Hong Kong dollars or RMB at local exchange points. It is recommended to cash out multiple times in small amounts to reduce the possibility of being noticed or triggering risks. Avoid carrying a large amount of money at once to prevent trouble. Carefully choose reputable exchange shops to avoid risks such as "running away with the coins."
2. Cashing out with an overseas bank card: Secure but requires advance preparation. Operation method: Transfer USDT from Binance to trading platforms like Kraken and convert it to USD. Withdraw to an overseas bank account, such as ZhongAn Bank or other banks that support crypto transactions. Notes: Obtain an overseas bank card in advance to ensure smooth withdrawal of funds. Pay attention to exchange rates and fees to reduce profit loss. Overall risk is relatively low, but account compliance must be ensured.
3. Cashing out through Binance C2C trading: Flexible but requires caution. Operation method: Use the Binance C2C platform and exchange USDT for RMB or other currencies through merchants with real-name authentication. After the transfer is completed, withdraw the funds to a bank card. When choosing merchants, 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 prevent cash transactions or through opaque channels (such as Telegram) to avoid scams or robbery.
⚠️ Real case warnings 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 classified as illegal operations and even lead to legal disputes, with both parties possibly being victims.
Reminder: The crypto world is full of uncertainties; investment must be rational, and safety comes first! Remember to maintain a prudent strategy to cope with market changes