Earned 1 million, preparing to withdraw? Especially for beginners, you must bookmark this guide!
1. Hong Kong withdrawal: make a personal trip.
Operation method:
Travel to Hong Kong and exchange USDT or other crypto assets for HKD or RMB at local exchange points.
It is advisable to withdraw in small amounts multiple times 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 like 'running away with the coins'.
2. Withdrawal via overseas bank card: safe but requires preparation in advance.
Operation method:
Transfer USDT from Binance to trading platforms like Kraken and exchange for USD.
Withdraw to an overseas bank account, such as ZhongAn Bank or other banks that support transactions.
Precautions:
Apply for 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 low, but ensure the account is used in compliance.
3. Binance C2C withdrawal: flexible but requires caution.
Operation method:
Use the Binance C2C platform to exchange USDT for RMB or other currencies through merchants with real-name authentication.
After the transfer is completed, withdraw the funds to the bank card.
When choosing a merchant, pay attention to:
Registration time: at least 2 years of operation.
Transaction volume: high and stable trading volume, avoid account freezing due to abnormal transactions.
Strictly prohibit offline transactions to avoid cash transactions or through opaque channels (like Telegram) to prevent scams or robbery.
