Withdrawing funds in the cryptocurrency space is an extremely risky endeavor. At best, it results in frozen cards and financial losses; at worst, it leads to entering the sewing machine university for further education.
Once your card is frozen, it will be a struggle and extreme hardship; it will be very troublesome.
The consequences of a judicial freeze on a card are very serious. Mobile cards cannot be processed, broadband cannot be processed, loans cannot be processed, online banking cannot be used, and bank cards cannot be opened. This causes inconvenience in life.
If you don't have much money and want to withdraw funds, I'm talking about amounts between hundreds of thousands to millions, then you don't need to worry too much. Spend a little money to join high-quality groups, and it's easy to meet reliable people and withdraw funds.
This reliability is accumulated over time through observation. For example, I have been on your radar for a long time. We've talked a lot, communicated a lot, and you know what I do, so if you sell to me, you can rest assured. If I sell to you, I can also feel at ease. Trust needs to be built over time.
Many people talk about using Mastercard or going to Hong Kong. I don't know if these people have practiced it themselves; I estimate that most are just relying on hearsay. In any case, I haven't practiced it, so I can't comment, but logically, this doesn't seem to be a very convenient or low-cost route.
The reason is simple: if this were really feasible, then offline U merchants would have no soil to survive. However, as far as I know, a typical offline U merchant can earn 50,000 to 100,000 a month, and if they work a bit harder, it won't be too difficult. If these U merchants can stick to their boundaries, they can survive; if not, they are already halfway into the threshold of the sewing machine university.
Some also say to withdraw funds and immediately pay off loans, buy funds, buy stocks, or government bonds. I'm telling you, it's all useless. If you do this, you know that the probability increases significantly, adding another crime.
Some people ask me for absolutely safe methods to withdraw funds; this 'absolute' means truly absolute.
It's very simple: just avoid dirty money. What money is dirty? Any person's money could potentially be dirty.
Only the money that the bank gives you cannot be dirty money. The money you get from mortgaging your house, car, business, or credit loans can absolutely not be dirty; this is absolute.
You just need to find a U merchant whose money comes from a bank loan, and you verify it with your own eyes, checking the transaction records. You personally follow him to the bank and watch him withdraw cash and hand it to you. Then this transaction is safe. Aside from that, there is no 'absolute.' The premise is that you see it with your own eyes and verify it personally.
Secondly, if this person's money has been sitting in the bank for over half a year without moving, and they only come to you to buy a single transaction with cash, the safety probability at this time is 99%. The remaining 1% is that they may have done something illegal before, and if it is later discovered, it proves that this money is dirty. But since you are dealing in cash, it won't implicate you. If it is a transfer and it is discovered to be dirty money, and the amount is large, you will definitely be implicated.
There are very few absolute methods.
However, we can increase the safety probability of withdrawing funds.
I will mention several things you should not do and be cautious about.
First: Do not trade with unfamiliar strangers online. This is absolutely not allowed.
Second: You cannot sell U to U merchants within exchanges; this is also absolutely not allowed.
Third: Do not let the U merchant and the payer have different names, such as the other party's brother, sister, wife, or father. This is absolutely not allowed.
Fourth: Do not engage in 'online transactions' with U merchants. Their cards and Alipay/WeChat are likely flagged, and your payments or receipts could be restricted or frozen for several days. The probability of receiving dirty money increases significantly. Even with familiar U merchants, I do not engage in transactions; I only buy their U but never sell it to them, and generally, they pay me in cash.
Fifth: For offline transactions, if the other party is not borrowing or withdrawing from a bank, try to avoid large transactions, such as those over 100,000. Try to avoid it. Only transact 100,000 to 300,000. The prerequisite is that this U merchant is either a friend you know or one introduced by a reliable friend; for example, I find a friend who is a U merchant to withdraw 100,000 to 300,000. Still, there should be a limit.
Sixth: In offline transactions, if the other party is a minor, if the person transacting is not the actual person, if it involves a crew, or if the amount is too low or too high, do not engage in transactions. The probability of being involved in money laundering or illegal activities is extremely high.
Seventh: If you know the person, but they are not involved in the currency market or are involved in a Ponzi scheme or gambling platform, in short, they are not genuine cryptocurrency people. Do not trade with them. The likelihood of involvement in illegal industries is high. Protect yourself; be cautious; you must be extremely careful here.
Eighth: There are also various unforeseen risks. For example, if you make a lot of money, the village chief who holds power may say that your income is illegal, claiming you earned it through a ladder scheme, and seize your assets.
Ninth: You need to be clean yourself, with no illegal income. For example, if you previously had significant income from illegal activities, you must isolate yourself early; if you can't maintain it, and the scheme collapses, it will be traced back to you. Being clean is very important. If you are not clean, then you should not withdraw U.
Tenth: Try to expand your circle and broaden your withdrawal channels. Join various paid communities, such as Cai Leilei's withdrawal group, which is of high quality. Spending a few thousand to learn from him and join such groups is worth it for withdrawals. Most people there are good people with money. The more good people you interact with, the fewer troubles you will have. If you associate with bad people, your troubles will multiply. This process can only be filtered with money.