Having made money in the crypto space, how can one safely cash out?
Prioritize large OTC platforms: Choose large trading platforms like BN, XX, etc. These platforms have established good communication with mainland regulatory agencies and possess mature risk control systems to reduce trading risks.
Focus on mainstream cryptocurrency trading: Reduce the use of stablecoins like USDT for OTC trading, and opt more for mainstream cryptocurrencies like BTC, ETH to lower potential risks.
Use a separate bank card to isolate risks: Set up a dedicated bank card for OTC trading, managed separately from daily use accounts, to prevent fund freezes from affecting daily life and financial operations.
Prefer local bank cards: Use bank cards from local banks for transactions, as they have relatively lower risks of freezing compared to large national banks.
Avoid patterned high-frequency trading: Avoid frequent transactions with the same merchant or user, especially multiple transactions in a short time, to avoid triggering money laundering suspicions.
Choose reputable trading partners: In OTC trading, prioritize merchants with a good reputation and avoid collaborating with those with bad records or abnormal behaviors.
Optimize withdrawal strategy: Reduce the frequency of withdrawals and increase the amount for each withdrawal to lower the risk of being monitored.
Handle fund circulation with caution: After OTC trading, avoid directly transferring funds to other accounts; use ATM withdrawals or online purchases to maintain the natural flow of funds.
Follow normal trading hours: Try to complete transactions within regular trading hours on weekdays to reduce attention caused by abnormal trading behavior.
Delay processing received funds: Retain the RMB obtained from selling cryptocurrencies in the account for a period before processing, to lower the risk of instant tracking of funds.
Wishing all the retail investors can cash out soon, may everything go smoothly, may everyone make big profits, and earn the ideal numbers they have in mind!
Like and follow, have your friends encountered cash-out problems? Come to the comments section to share their stories~