Tips for safely cashing out 5 million after making money in the cryptocurrency circle

Want to cash out steadily? Listen carefully, here are some legal ways to cash out!

1. On large exchanges such as Binance, exchange cryptocurrency into RMB or foreign currency, and then withdraw it to your personal bank card. Remember, the bank card and identity information must be your own, and the real-name authentication must be passed.

2. If you often go abroad, open a bank account in Singapore or Hong Kong, exchange cryptocurrency into foreign currency, and then withdraw it. But you must abide by the rules when opening an account, and the purpose of the account must be clear.

3. Find a withdrawal channel in the P2P market of the exchange, choose a reputable merchant, and use the real-name method when paying.

How to avoid bank risk control for large withdrawals?

1. Withdraw in batches. Don't withdraw too much at one time. Withdraw in several times, and control it within 100,000 each time.

2. Use your bank card more often to leave some balance or buy some financial products to make the bank think you are a high-quality customer.

3. Avoid suspicious operations. Don't enter and exit quickly. Try to operate during bank working hours and keep transaction records.

4. What should I do if I am targeted by risk control? Contact the bank to explain the source of funds and provide transaction records. Usually the problem can be solved by cooperating with the appeal.