There are some skills to successfully buy the cheaper U at the exchange. The longer your funds are in the card, the better. In order to avoid collecting black money, OTC dealers will have their own audit requirements. The first step is the sedimentation time of the funds in the card. Frequent inflows and outflows will not pass the first step of the audit. Normal behaviors such as daily life consumption will be easier to pass. At the same time, being able to provide a long-term financial trend chart of the same bank card will also add points. Start buying from the lowest price. With high-quality transaction details, it is easy to buy the cheapest USDT on the market. Of course, the cheapest OTC dealers also have the strictest audits, recording videos to check transaction records, Alipay and WeChat withdrawal verification, KYC real-name authentication, signing USDT buying and selling contracts, etc. When you buy U, you transfer money to others, but there is a possibility of freezing, commonly known as protective freezing. The most likely reason is that the recipient is a fraudster, money launderer, point collector, or online gambler. This is the measure taken by Uncle to protect the safety of the funds on your card. Of course, it is not a big problem if you encounter any. When buying U, try to select OTC merchants with a long registration time and the ability to receive payments under real name. In this way, you may never encounter protective freezing. After all, it is a small probability event.
How to withdraw funds safely from the exchange
Three elements for withdrawal: An An and OK Exchange transactions, strict review of merchants (registration time of more than 2 years, the more total transaction orders the better, relatively few transaction orders in the past 30 days are better), and real-name payment for both parties. This will greatly reduce the probability of being frozen, and even if you are unlucky and frozen, it will be relatively easier to unfreeze later. Eliminate transactions that do not go through exchanges; eliminate offline cash transactions; eliminate TG chats. WeChat doesn't dare to discuss transaction details with you, so how dare you take this money?
How to avoid bank risk control when making large withdrawals
Apart from the most important freezing issue, the only thing left for withdrawals is bank risk control. OTC dealers can only guarantee the safety of your funds, but they cannot guarantee whether the bank will conduct risk control. Bank cards that have not been used for a long time or have very little flow are indeed more likely to be subject to bank risk control, but these are all low-probability events. The 70,000 yuan actually triggered the bank's risk control, but even if it is subject to risk control, it is easy to solve, as long as the remitter cooperates. Most bank risk controls are to protect the remitter's funds and prevent you from being a fraudster, money launderer or other illegal element. You should also avoid quick in and out, multiple in and one out, one in and multiple out, large in and out at night, and other behaviors that are likely to trigger the bank's anti-money laundering risk control. If conditions permit, leave some balance in the card, or buy some financial products. If you are not in a hurry to use the money, you don't need to make a large withdrawal at one time.
What OTC merchants need to pay attention to
I have met countless newcomers who want to become OTC merchants to make money. I do not recommend newcomers to enter the industry. The water of OTC is very deep and there are many temptations. Many people cannot resist and easily fall. First of all, you must ensure that you do not receive black money 100%. If you can't do it, don't touch OTC. There are 100 ways to do 100 OTCs. Not receiving black money depends on the audit requirements. You must be able to read the transaction details and prevent P-pictures. Some screen recordings give you fake bank apps; KYC real-name authentication; contract signing for buying and selling USDT; risk and safety reminders for customers; confirm the real purpose of customers buying U; exchange account verification; fee verification for playing contracts, etc. The second is how to solve the problem of bank card flow. Many people have no cards to use, WeChat is useless, and Alipay is useless. It is not recommended to use family and friends (it will only implicate them). Some use Taobao to collect payments, Alipay password red envelopes, etc. Sometimes I admire these people for being able to think of any method, and they show their magical powers. Of course, many large investors have some relationship with banks, or purchase financial products worth hundreds of millions to become VIPs.
Is it safer to make multiple small withdrawals?
The black money will be frozen regardless of the amount, whether it is 500, 50,000 or 5 million. Repeated transactions will only increase the probability of you receiving black money. It is usually recommended to plan the funds needed for a certain period of time, choose a safe OTC merchant to withdraw all at once, and reduce the frequency of withdrawals.
Are offline cash transactions and deposit transfers safe?
At present, there are more and more cash incidents, such as robbery, real and fake money, real and fake U and other scams. In addition, you have no way of knowing the source of funds for cash and cash. When the person who gives you cash and cash gets into trouble, you will be implicated. As long as something goes wrong, it is basically all due to black hands. In recent years, in the process of handling cases, the uncle has encountered behaviors such as chatting about transactions on TG chat software, only accepting cash, or withdrawing cash on the spot. These behaviors are all regarded as abnormal points and it is presumed that the perpetrator subjectively knows or may know that the cash of the counterparty may contain the funds involved in the case, which constitutes subjective knowledge. The court will normally sentence the crime of assisting information network criminal activities (assisting crime) and the crime of concealing the proceeds of crime. It is strongly recommended that you do not choose offline cash and cash transactions.
Is it safe to pay off credit cards, purchase financial products and transfer securities accounts immediately after the money is out?
Performing this operation means you have no confidence in the money you just withdrawn. First of all, credit cards are the same as bank cards, and can be used directly to withdraw money. However, if you receive black money, the credit card will still be frozen. If the funds are black, there will still be sequelae and other problems. Your card was frozen after purchasing financial management. How can I withdraw the money in the financial management? Even if there is no money on the card after it is frozen, you may still be visited and put on the disciplinary list, the list of suspects involved in telecom fraud, etc. If there is a problem with the money transferred to the securities account, the bank card will still be frozen. Uncle can also send a letter to freeze your securities account. All operations after the withdrawal are useless. Not accepting black money is the root of everything. No matter how you operate after receiving black money, it is futile. Don’t treat uncle as an idiot.
Is it safer to use WeChat or Alipay?
There is absolutely no difference between WeChat, Alipay and bank cards. They can all be frozen. Moreover, the risk control of WeChat and Alipay is even more abnormal. Their big data risk control is stricter than that of banks. Moreover, you may not be able to tell whether WeChat and Alipay are real-name transfers.
Which exchange is safer for withdrawing funds?
In my opinion, there is no difference between AnAn and OK. When withdrawing funds, you just use the exchange’s platform to choose an OTC merchant. In essence, it is a C2C transaction between you and the OTC merchant. Whether the funds are safe or not depends entirely on your counterparty. Many OTC merchants are merchants in both exchanges. No matter you place an order from Binance or OKX, the money remitted to you is the same as in his card. However, other small exchanges can be ruled out. Their own platform risk control cannot be compared with Binance and OKX. In addition, the risks of small exchanges are infinite, and there are problems such as retrieving information later.
How long does it take to keep the money in the card after withdrawing it to prove it is absolutely safe?
There is no such thing as absolute safety of OTC funds. There is always a theoretical possibility of freezing (unless it is not cryptocurrency funds). Under what circumstances will the police freeze the card? Immediately after the victim reports the case, emergency stop payment and freeze all cards through which the victim’s funds flow. Sometimes tens of thousands of cards can be frozen in one case. The freezing time depends on when the victim reports the case to the police. Some pig-killing schemes may make the victim find out that they have been cheated half a year or a year later, so some funds may still be frozen several months, half a year, or a year after they have been withdrawn. There is a high probability that it will be fine if it exceeds three days or a week, and the probability of being frozen in the later period is much smaller.
Is it better to use the Big Four Banks or local banks to withdraw funds?
In my opinion, as long as it is a bank card, there is no difference. After receiving the black money, the uncle can freeze it with one click. It’s just that the risk control system of each bank is different. There are some differences, but risk control is nothing. The worst result is to withdraw money and cancel the card. The most important thing is not to accept black money and not to freeze the card. Do not use your own mortgage card, salary card, or social security card to withdraw money. In case of problems later, it will affect the normal use of these cards. If conditions permit, choose to apply for a bank card at the head office, branch, or financial center.
"Detailed explanation of OTC card freezing process" The causes and consequences of card freezing
In 2020, in order to combat online gambling, telecommunications fraud and other cyber crimes, and to eliminate the criminals’ money laundering channels, the state launched the “Net Cleaning Operation” and the subsequent “Card Cutting Operation” to combat illegal and criminal activities such as buying, selling and lending phone cards and bank cards. For a time, many netizens and search platforms appeared with “Bank card frozen?” “Bank card frozen for half a year?” “Bank card frozen by police in another place?” “Will I be arrested if my bank card is frozen for online gambling?” “Why was my card frozen when I was withdrawing sperm from the exchange?” and many other information, which made many frozen netizens dazzled and didn’t know how to deal with such situations? They were anxious or unable to sleep or eat. The natural attributes of blockchain virtual currency have also been used by criminals as an important way to launder money, indirectly causing the currency circle to become a hard-hit area for frozen cards after online gambling. As of today, the high-pressure policy at the policy level is still severe. Many online gamblers have completely quit online gambling since their cards were frozen. It can be seen that the correctness of the Net Cleaning Operation and the Card Cutting Operation is beyond doubt, and it protects the legitimate assets of many ordinary people.
Basic information about freezing
Freezing a bank card can be roughly divided into two situations: one is 3 days (emergency stop payment), and the other is 6 months. Within 3 days, whether you freeze it for 48 hours or 12 hours, it is considered within the time node of 3 days. If the bank clearly informs you that it can be unblocked in 3 days, you don’t need to do anything and wait with peace of mind. The unblocking time of each bank is different. For example, the Construction Bank of China, the bank informed you that it would be unblocked on the 12th, but the actual unblocking time is generally one day later than the expected time on the 13th. There is also the Agricultural Bank of China, which will unblock it after 22:30 on the corresponding unblocking time on the day of unblocking. There are many other banks that I will not list one by one. You just need to wait for the corresponding time. There is another situation where it is not unfrozen after 3 days, and it is frozen by another public security after asking again. This is the situation of multiple public security freezing. A sum of money is frozen by multiple public security. It is more troublesome to unblock it by multiple public security than freezing it by one public security. Each public security must unblock it for you. If one of the public security suddenly freezes it for you for 6 months, you have to read the following about the handling method of 6-month freezing. This is about the group whose account was frozen for 3 days. In fact, the 3-day freezing is more of a psychological torment, anxiety, and helplessness. Anyone who has experienced it for the first time will feel the same. I have encountered a fan whose funds were frozen by uncles in more than a dozen places at the same time. It involved a pig-killing scheme, and many people from all over the country reported the case. In addition to the 3-day freeze, there are 6 months. First of all, all freezes for 6 months must make one thing clear. The uncle must have frozen your account because your account has or has received black money from the exchange’s C2C counterparty. The uncle will not freeze the card for no reason. There must be a victim who called the police. The uncle will start freezing the card along the direction of the funds. It is normal to freeze thousands or tens of thousands of cards in some cases. The group that has been frozen for 6 months wants to know what the situation will be after half a year. Will it be frozen again or automatically unfrozen? No one can give you an accurate answer here. There are too many levels and key points involved here. Too many factors affect the direction of the card. Different places, different case handlers, how many levels of funds are received, etc., different handling methods will result in different handling results. In fact, being frozen is more about luck.
How to deal with freezing
For those frozen for 6 months, it is recommended to ask the bank staff as soon as possible about the freezing time, freezing unit, and contact information of the freezing unit. If you cannot get the phone number of some banks, go to the counter to ask clearly. If there is no contact information, they will tell you that it is a certain public security agency in another place. Call 110 or 114 in another place to check the phone number. Normally, after being frozen for 6 months, you must actively contact the freezing unit to inquire about the situation, answer questions truthfully, and prepare materials: more than one year of flow, chat records of the trading platform window or WeChat, security measures you took in the transaction, price comparison of the transaction, number of transactions with the counterparty, write a complete statement of the situation and express it, and the rest is to wait. Some can be unfrozen by submitting materials, some can be unfrozen only after expiration, and some will be frozen again after expiration. Some did not take the initiative to contact but were contacted by the uncle and strongly asked to go over to take notes. Can you go? There is no fixed answer to this question. There are many situations after freezing: if you go over, you may be detained directly, and the 37 package will be arranged. Some people unfreeze their funds after they have completed the record, and some people unfreeze their funds only after they have compensated the victim. Some people are afraid and don't go for various reasons. Maybe it's okay, and they will either unfreeze or refreeze the funds when the expiration date comes. Some people will be listed as online fugitives if they don't go, and some people will be taken away by the uncle directly at their door if they don't take the initiative to contact after being frozen. Again, different freezes, different case handlers, different regions, and different treatments will have different results. If the uncle takes the initiative to contact you, such as sending you an inquiry letter, just cooperate actively. If you are really worried, you can entrust a lawyer to handle it. Another possibility is to communicate with the uncle and give the matter to the local uncle to take the record, and then they will pass your record information to the uncle in another place. It is possible to communicate.