Ten key points of OTC withdrawal to ensure fund security
1. Choose a large platform: Choose a well-known large platform for OTC transactions. Its risk control is advanced, the guarantee is good, the merchant deposit is high, the risk of black money can be reduced, and the communication with the regulator is good. If there is a problem, it can be solved quickly and effectively.
2. Bank card management: It is recommended to use CMB or BOC cards. Deposit and withdrawal are separated. The withdrawal card is not mixed with the daily card. After the withdrawal, the funds stay on the card for a period of time, which is convenient for tracing the flow of funds and reducing risks.
3. Choose high-quality merchants: Select merchants with a large number of transactions and good reputation on large platforms, such as Ouyi Diamond merchants and Binance Shield merchants, and check their historical records before trading.
4. Prohibit illegal activities: Stay away from illegal activities such as pyramid schemes, capital plates, and running points, ensure that the source of USDT is legal, and ensure transaction security.
5. Control transaction frequency: withdraw large amounts and low frequencies, avoid frequent small transactions, and prevent misjudgment of money laundering and account problems.
6. Choose the withdrawal time: Try to withdraw during the daytime (9:00-18:00) on weekdays, avoid the night, and reduce the possibility of being investigated.
7. Transfer notes: Do not add notes for deposits and withdrawals, especially cryptocurrency-related words, to avoid regulatory attention.
8. Be wary of high-price purchases: Be wary of messages about buying or selling USDT at high prices, especially when trading with strangers online, to prevent fraud or money laundering.
9. Save transaction records: Save screenshots of bank card transactions, merchant information, and transaction order details, pay attention to the time information, and be cautious about payment screenshots.
10. Use WeChat and Alipay: You can use WeChat and Alipay accounts for deposits, avoid frequent small-amount operations for withdrawals, and use Huabei and Jiebei to cash out and repay in time.