In the cryptocurrency world, withdrawing funds is very particular, and you must pay attention!
There are a lot of withdrawal strategies online, but very few can actually help you. Many people, due to lack of knowledge, encounter issues such as bank cards being restricted or frozen when withdrawing funds off-exchange, or even being conned by unscrupulous currency traders, leaving them with no way to express their frustrations.
When withdrawing funds in the cryptocurrency world, you need to be mentally prepared; there are no absolute securities, and your funds may encounter problems later on.
First, ensure that the card you use is legitimate. Avoid quick in-and-out transactions, frequent trades outside of working hours, and make sure that the transaction amount and account balance do not appear too unusual. Also, do not suddenly change your trading habits, keep some balance in your card, do not transfer large amounts in succession to different trading partners, and avoid those tricks of transferring in a unified manner and dispersing out.
Secondly, do not use major platforms like Alipay and WeChat, as well as your social security card and mortgage card, for withdrawals. If risk control is strict, getting frozen can affect your life.
Those online claims that buying bank wealth management products, stocks, or transferring to online banks or brokerage accounts can prevent your card from being frozen are nonsense. The key to freezing a card lies in unclear information about the trading counterpart. Once involved with dirty money, the entire capital chain can get frozen, and any cards under your name will be affected.
When withdrawing funds, there are a few tips you should remember. For cards that are not used often, confirm their status before receiving money, and try transferring a small amount through the bank's app. When choosing a currency trader, if you see the buying price higher than the selling price, it is definitely black U or similar, do not be greedy for that small advantage. Confirm that the other party is using their own bank card during the transfer; if it is not theirs, refund it immediately, and the merchant's funds should also be settled for a few days before the transaction.
Bank risk control rules can change suddenly, and funds that have settled for over a week are relatively safer. When currency traders show the source of funds, do not just rely on static images, as they may have been edited; real-time video verification of the flow is necessary. Additionally, money borrowed through bank lending platforms is relatively cleaner; you must understand this principle yourself. Making money is not easy, and finding a reliable trading partner is the right path.
If you want to delve deeply into the cryptocurrency world but can't find a clue, and want to quickly get started and understand the information gap, whether it's contracts or spot trading, feel free to discuss with me anytime.
