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币圈James
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Insights on C2C Withdrawal Experiences
As a veteran in the crypto space, I need to withdraw 200,000 to 500,000 each year to make a living, so I’m sharing some experiences on withdrawals in the crypto space; let’s get straight to the point: 1. Only choose platforms that offer T+1, such as Binance, because once dirty money is converted to USDT, it will be transferred immediately to avoid prolonged risks. T+1 platforms can deter most dirty money. 2. Choose merchants with a long registration time and high transaction volume, as they have more experience and know how to avoid being monitored by the authorities. 3. Withdrawal time should be during business hours on weekdays. In 2021, I had a withdrawal of 100,000 that was done during trading on a platform at night, and it got frozen the next day, and it still hasn’t been resolved. If it’s dirty money, there’s nothing to be done; just accept the loss.
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