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If you have 1 million U, how can you safely exchange it for money?
First of all, you need to know that 1 million U is approximately worth 7.2 million yuan. But taking out so much money at once is a big problem. Those who have made a lot of money will not just withdraw it all at once, but use some special methods to convert it bit by bit.
If you want to raise it all at once, it is best to go to countries where cryptocurrency is legal, such as Hong Kong, which is close to us and has a good environment. You can convert U into Hong Kong dollars or US dollars, and then transfer it back through some methods. This process can be a bit cumbersome, but it's much better than asking questions.
If you just want to use the money for daily expenses, then don’t bother. You can bind a virtual visa card in Hong Kong, then charge U into it, and then bind it to WeChat or Alipay, and you can spend like using a bank card.
In addition, you can also sell U through C2C on the exchange. But be careful, because you may receive dirty money from selling U in China, which will be troublesome. Therefore, it is best to use an account in Hong Kong to handle these matters.
If you still want to sell U domestically, you have to trade during the day, no matter how much you sell. When choosing a merchant, you should look at their transaction volume and whether their sales are balanced. It is best to be a pro merchant, and it is safer to choose a bank card for transactions.
In general, there are many ways to withdraw money. The key is to choose the right method and operate carefully. Hope these suggestions help you.