Decryption: Say goodbye to bank card freezing, you can spend money in the cryptocurrency circle with peace of mind!
Domestic bank card freezing occurs frequently, which is a headache. But can the money earned in the cryptocurrency circle really only stay in the cryptocurrency circle? No! Today, I will reveal a few secrets of safe cashing for you, so that your assets can be easily returned home!
1. Formal exchange C2C
Find a reliable exchange, such as Binance, with a simple process: recharge, sell, and withdraw. But don’t forget that there are limits on withdrawals, so you have to check in advance. Although the operation is convenient and low-cost, the risk of bank card freezing cannot be ignored. Select merchants with good reputation, don’t be greedy for small bargains, although the exchange rate is important, safety is more critical!
2. P2P platform transactions are more flexible
Such as Binance’s P2P, directly trade with users, and the platform guarantees to reduce risks. Remember to choose reputable buyers, cash transactions? Public places are the safest, and it is more reassuring to bring friends!
3. Choose OTC for large-amount exchanges
What to do with large amounts of funds? OTC platforms can help, such as Binance's OTC, with low fees, but you have to sign an agreement to ensure safety and compliance. Make an appointment, confirm the remittance terms, and complete the transfer. These three simple steps allow you to cash out large amounts of money easily!
4. Cryptocurrency ATMs are convenient and private
Directly exchange cash with ATMs, with both privacy and convenience online. However, the fees are slightly higher, but it's worth a try!
5. New choice for overseas payment platforms
Payment platforms such as PayPal and Revolut support you to convert cryptocurrency into ordinary money and then withdraw it to a bank card. Although the operation is a bit cumbersome, the funds are safe and secure. Remember to confirm regional support, passport KYC, and overseas bank accounts are a must!
6. Be cautious when paying in cash.
Cash payment is also an option, but remember to choose a safe public place, preferably with a third-party guarantee, safety first!
Tips: Don't forget to declare taxes
Some countries have tax requirements for exchanging cryptocurrencies for cash. Safety first, stay away from unregulated channels to avoid being scammed or high fees!
There are opportunities and risks in the currency circle. Staying vigilant and finding the right time is the key. I also found a short-term skyrocketing project with huge potential to double! If you want to keep up, click on my avatar and follow me. I will share it for free!
