You made a hundred million in the crypto world, how can you cash out without "exploding"?
Brothers, making money is just the first step; cashing out is the life-or-death test!
Especially if your account is "full of USDT"; one wrong move and your account could be frozen, or worse, the police might invite you for tea!
Don't underestimate it, selling USDT really has pitfalls!
For example, if you made five million through contracts or altcoins and are excited to sell USDT on a platform, the result could be:
The bank calls and blows up your phone.
Hello, we noticed you have large transactions; would you like to learn about our VIP wealth management products?
Sometimes they even visit you: "We have high-end trusts and exclusive gold card services; are you interested?"
It looks like they care about you, but in fact, they are mainly monitoring your risk!
The biggest risk of cashing out: encountering dirty money. When placing orders on platforms/OTC, if you meet users dealing with dirty money, it could explode in minutes:
Level 3 dirty money: account frozen for at least 3 days, possibly up to half a year;
Level 2 dirty money: frozen for half a year, and your funds might evaporate;
Level 1 dirty money: violating the "crime of concealing criminal proceeds", starting from three years!
You just wanted to sell some USDT, but ended up being involved in a criminal case, suffering total loss and a double blow to your mental state!
Here comes the cash-out pitfall guide!
1. Don’t be greedy for high prices
See others collecting USDT at a high rate? You think you found a good deal, but in fact, they are fishing!
2. Don’t randomly look for unfamiliar USDT traders
Offline cash transactions = putting yourself in a pit. The money might be dirty, and the person could be "undercover law enforcement".
3. Don't take shortcuts, keep it steady!
Want to cash out ten million in one day? That will stress you out. A reasonable pace for cashing out: use Alipay or WeChat to cash out 200,000 a day; slow is fast.
4. Find acquaintances, ensure the funds are clean!
After receiving the money, don’t rush to transfer it; check the deposit time and transaction frequency. Any "unknown sources" should be rejected!
5. Be cautious about the risk control level of your bank card
Small amounts are fine, but once there are frequent large transactions, or if there are large transfers from different locations, the bank will restrict your card usage, or even require you to explain at the counter.
In summary:
Selling USDT ≠ ATM; if you're not careful, the consequences are beyond your imagination! Don’t be greedy, don’t rush, don’t take shortcuts, find reliable people, and cash out steadily – that’s the long-term survival rule in the crypto world!
Brothers who want to cash out after making a profit, remember to save this article! You’re also welcome to follow me, let’s chat about crypto knowledge, avoiding pitfalls and dangers together!