How to safely withdraw a million earned from cryptocurrency trading?
When it comes to withdrawing virtual currency, do you think you can just find a buyer to cash out? You're very mistaken. While the virtual currency is sold and the money is in hand, the consequence of such a simple sale is that 90% of the receiving bank cards end up frozen. Once a bank card is frozen, to unfreeze it, the public security authorities will require you to provide evidence to prove your innocence.
To provide evidence of a legitimate transaction, you must do the following before withdrawing virtual currency:
First, how much do you know about the buyer? This is a common question from public security authorities. Cryptocurrency trading is not like buying and selling goods; you must fulfill your reasonable due diligence obligations. Before the transaction, review the other party's account information and bank statements. If the source of funds is unclear, you must refuse the transaction. Don't think that any profit is worth trading with just anyone.
Second, promptly retain the relevant chat records of the virtual currency sale to reconstruct the transaction process.
Third, promptly take screenshots of the orders traded on the exchange. Currently, exchanges only retain transaction orders for 6 months. After this period, it is impossible to retrieve transaction orders, which is very disadvantageous for proving your legitimate transactions. Therefore, be sure to download and back up the records of the virtual currency withdrawal orders in a timely manner. Remember to follow the above processes; otherwise, you risk a frozen bank card, losing your money, or worse, being charged with aiding and abetting in concealing crimes and facing imprisonment.
