Guide to Safe Withdrawal in Cryptocurrency Circle
How to prevent card freezing
For OTC transactions, choose large platforms such as Binance and Ouyi, which have excellent risk control and communication channels. Prioritize T+1/T+2 withdrawal platforms, such as Binance T+1 and Huobi Strict Selection (T+2). Choose mainstream currencies such as BTC and ETH for trading, and do not use USDT. Use a separate and local bank card, and do not mix it with salary cards. Do not trade frequently with fixed merchants, and find reliable merchants to take orders and place fewer orders. Reduce the frequency of withdrawals, increase the amount, do not transfer other cards after OTC, you can withdraw cash or spend at ATM, choose to trade from 9 am to 9 pm on weekdays, and transfer slowly after receiving the payment.
"Card freezing" response
(I) Explanation and communication
Indicate that normal Bitcoin transactions are not money laundering, do not know that the receipt of payments involves crimes, cooperate in providing transaction, chat and on-chain transfer records, etc., and make it clear that digital asset transactions are legal.
(II) Data preparation
Complete transaction records (bank card, chain, platform orders), WeChat records including transactions, and proof of asset legality and income are required.
(III) Unfreezing measures
If frozen by bank risk control, take your ID card and bank card to the bank where you opened the account, submit a flow certificate, and cooperate with the public security instructions or anti-fraud model control as required. If frozen by public security or judicial authorities, observe for 3 days first, and then go to the bank where you opened the account to check the public security information and contact the police after the official transfer. If you cooperate with the investigation and do not violate the law, unfreeze.
