How many of the safest withdrawal methods do you know?

Suppose you have 2 million USDT in your account and are ready to withdraw it:

The first method is to use BiyaPay wallet, which has a formal license in the United States and is very safe. You only need to transfer USDT to BiyaPay wallet, and then you can exchange it into US dollars or other currencies you can accept, and then withdraw it to a bank account such as Wise or OCBC. Wise is very convenient. US dollars can be directly transferred back to Alipay, WeChat or Chinese banks in China. Although there are some quota restrictions, it is easy to operate.

OCBC 360 account is even better. It can withdraw cash directly in China without a limit of 50,000 US dollars. However, these operations may charge some fees, and you may suffer a little loss in exchange rate, but it is always more reassuring than those unclear money. After all, what we want is clean money, so feel free to withdraw it!

The second method is to withdraw cash in Hong Kong. If you are willing to go to Hong Kong, it is also a good choice. However, you must pay attention that it is safer to withdraw cash in batches. Don't take too much at a time. Operations in batches can reduce risks. Although Hong Kong is convenient for cash withdrawal, you have to be careful of those unreliable exchange shops. Only reputable old shops are reliable and don't let yourself suffer losses.

The third trick is to apply for an overseas bank card. If you have spare time and are willing to toss it, applying for an overseas bank card is also a safe way. You can transfer the currency from Binance to Kraken, convert it into US dollars, and then withdraw it to an overseas bank account. For example, iFAST's British bank or ZhongAn Bank. Kraken is also a regular army. The path is legal, but you have to pay some fees and suffer some exchange rate losses.

Finally, let's talk about the precautions for large withdrawals. Bank risk control is a big deal. It's troublesome if the funds are frozen. Remember not to rush to transfer out as soon as you get the money in your account, otherwise the bank will suspect that your transaction is abnormal. Don't make small withdrawals frequently, which is also a large amount. Try to avoid large transactions at night, when the bank's anti-money laundering system is particularly sensitive.

You have to be cautious when withdrawing money. Follow the rules and don't think about taking shortcuts. This is the only way to get your hard-earned money safely and smoothly.