Recently, a friend of mine had a bad luck in withdrawing money. 100 assets were frozen and he was imprisoned for half a year. The waters of withdrawing money in the cryptocurrency circle are too deep and too difficult! Many friends asked me how to get their money out safely. Today I will share some practical tips.
If you make a lot of money in the cryptocurrency circle and want to cash out 10 million U, how do you do it?
Hong Kong Withdrawal Law
You can go directly to Hong Kong to exchange currency, but you must remember: don't be greedy and try to save trouble by carrying too many U-dollars at one time. You should take multiple actions to control the risk. At the same time, there are all kinds of currency exchange shops on the streets of Hong Kong, most of which are unofficial channels. You must be more careful to prevent the shopkeeper from taking your U-dollars and running away.
How to apply for a bank card
Follow the route of Binance → Kraken → bank card. First, transfer U from Binance to the Kraken platform, convert it to USD, and then withdraw it to an overseas account such as ZhongAn Bank. The key is to apply for an overseas bank card in advance. Although the process is a bit more troublesome, the overall security is more guaranteed.
Binance C2C Withdrawal Tips
1. Choose the right exchange: Don’t touch the European Exchange, as there is an undercurrent of black money and high risks. Once you are involved, the consequences will be disastrous.
2. Carefully select merchants: give priority to merchants that have been registered for 2 years or more. The more transactions they have, the more reliable their reputation is. Don’t make sure that the transactions in the past 30 days are too extreme. Avoid merchants that have frequent transactions and look "restless" to avoid stepping on landmines.
3. Real-name transparent transactions: The payment and collection process must be done in the exchange. Do not use offline cash, TG and other non-transparent channels. Offline transactions can be called a "jungle of traps". It is common to cheat U and rob RMB. There are real people who were convicted of robbery for this. Don't take chances.
Large amount of withdrawals to deal with bank risk control
1. Find out the reasons for risk control: When withdrawing funds, fund freezing and bank risk control are like "ghosts" that give people headaches. Bank cards that have been idle for a long time and have little flow are prone to "running into the gun muzzle" and triggering risk control. However, this is quite random. Some remittances of millions of yuan are safe, while others are targeted for small amounts of 70,000 yuan.
2. Prevention tips: Don’t engage in “quick in and quick out” fund operations, avoid suspicious patterns such as multiple in and one out or one in and multiple out, and don’t make large transactions late at night, otherwise it is easy to trigger the anti-money laundering “alarm”. Leave some balance in the card, buy some financial products, keep the account “active”, and don’t make large withdrawals rashly unless you need money urgently.
3. Risk control response strategy: If you are really "locked" by risk control, don't panic, contact the remitter immediately and cooperate with the bank to file a complaint. The bank's original intention is to ensure the safety of funds. As long as you are honest and have complete information, a normal complaint will most likely solve the problem smoothly. Wealth Code #puppies#比特币打破感恩节魔咒 #XRP解锁新趋势 
