According to domestic laws, it is definitely considered a crime. But this is based on the fact that you directly exchanged from the exchange to a domestic bank card. Now I will tell you some different methods.
First of all, in many countries abroad, trading cryptocurrencies is considered a legal investment activity.
Don't listen to those who scare you by saying that money will definitely get you caught, because these people just want to trick you into seeking them out, earning your intellectual tax.
Now I will give you two paths:
1. Withdraw USDT from the exchange to Biyapay. Biyapay is an electronic wallet with a legal license in the United States. Perform a 1:1 exchange for USD within Biyapay, and then withdraw USD to Wise or OCBC Bank, which are both legal actions. However, there are handling fees and exchange losses. Once it reaches Wise, you can legally transfer it back to your Alipay, WeChat, or Bank of China (but Wise has an annual limit of $50,000). With OCBC, you can directly use the physical card of the OCBC 360 account to withdraw cash domestically, although there will also be exchange losses and handling fees (not subject to the $50,000 limit).
2. Withdraw USDT from the exchange to Kraken. Kraken has a legal license in the UK, and then transfer from Kraken to iFast UK Bank.
The above two steps are both legal actions and the amounts are clean bank funds. Of course, there are handling fees and exchange losses. But you must understand one thing, that capitalists earn their reasonable service fees to help you become legalized, so this is what we should pay.
Please remember that every industry has its thresholds. Don't think it's troublesome, because troubles and thresholds are meant to help you rationalize. And it is these troubles that block the paths of ignorant people.
Your abilities and your cognitive skills must match your legal income, understand?
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