#Market Volatility, Buy More or Wait? The Dilemma of Millionaires: How to Safely Exchange USDT for RMB?

After earning 10 million through cryptocurrency trading, you may be eager to convert these USDT into RMB. In this process, choosing a seemingly reliable U merchant (i.e., a business that provides cryptocurrency to fiat currency exchange services) is a common practice. However, while such operations may appear safe on the surface, they actually hide considerable risks.

Overview of the Trading Process

Step 1: You first need to transfer USDT to the designated exchange account as collateral.

Step 2: The U merchant will remit the money to your designated bank account.

Step 3: After confirming receipt of the funds, the exchange will release the previously frozen USDT to the U merchant.

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