At that time, I sold USDT on an exchange, and after the money arrived in my bank card, I transferred it to several payment platforms. A few days later, all my accounts suddenly got frozen! The bank said it was frozen by the Anhui police because one of the transactions was involved in a fraud case. The worst part was that even my other funds, which I did not participate in the transaction, were also controlled.
I quickly prepared all my transaction records and work proof to explain. But the police clearly told me: "Virtual currency transactions are not protected by law, and to unfreeze, I have to compensate first." In the end, I could only accept it and pay to resolve the issue.
Withdrawal Safety Guide (Proven Effective)
1. Hong Kong Bank Card (Safest
Completely avoids domestic regulation)
Supports direct deposits and withdrawals from exchanges
Can withdraw cash from ATM after arrival
Handling Tips:
Choose low-threshold banks like Overseas Chinese Banking Corporation
Gather 50,000 before operating to save on fees
Remember to enable cross-border transfer function
2. Avoid pitfalls in exchange withdrawals
When choosing a merchant, check:
Money in the account for more than 3 days
Must transfer in the same name
Chat records must state "Known source of funds"
Special attention for large amounts:
⚠️ Video verification required for amounts over 50,000
⚠️ Choose merchants with T+3 arrival
⚠️ Write "Goods payment" in transfer remarks
3. High risk in offline transactions
Three major pitfalls:
❌ May involve aiding and abetting crime
❌ Many scams with counterfeit money/fake transfers
❌ No way to protect rights in case of issues
The only usable situation:
👉 Old friends for more than 3 years
👉 Single transaction not exceeding 20,000
👉 Count cash face to face
Important Reminders
Must do:
📌 Backup transaction records for 5 years
📌 Regularly clean chat records
📌 Leave enough emergency living expenses
Hard-earned lessons:
💸 Don't be greedy for cheap low fees
💸 One card freeze is enough to pay ten years of fees
💸 Never touch policy red lines
People are more important than anything! If you are still confused, you might want to check @crypto Guangge to help you seize every wave of the bull market
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