A few days ago, Alipay was suddenly limited, but fortunately, there were no major issues, and after facial recognition, it was fine.
This year, I've been withdrawing funds once or twice a month. I've encountered some pitfalls before, so I'll share some small experiences with everyone.
This is just our situation on Binance; there are many other methods in the square, but I don't have much time to research and verify them.
1. C2C merchants must have a shield; Binance requires that shield merchants have at least $30,000 in collateral. If it's a large transaction merchant, the collateral is $100,000, while most merchants pay $15,000. So, whoever has the highest default cost is obvious to everyone;
2. The earlier the account registration time, the better; the more transactions, the better. It indicates that after such a long time, they are still trading. Aside from complying with the law, there are fewer disputes, and the platform is at least solid;
3. Everyone knows that if the exchange rate is particularly outrageous, there is a problem. Therefore, the risk of a high exchange rate is relatively large. So, do not seek high exchange rates to take advantage; otherwise, if your card is frozen, it’s like picking up sesame seeds and losing watermelons;
4. Add WeChat and occasionally check if the ticket circle is still updating; among the 3 merchants I traded with in the first half of the year, 2 of them have not updated their information, and I don’t know what the situation is. Currently, those trading with me are basically updating the ticket circle every one or two days, indicating that they still have a way of doing business;
5. It’s best not to use your salary card or main WeChat or Alipay account for transactions, as losing it permanently would incur significant losses. Therefore, use a secondary card or account, or start nurturing a card and secondary account now for future use;
6. I have also been to Hong Kong for exchanges, but it takes time, and the loss from the exchange rate is actually not small. I will write another article to share this with everyone.
For the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities in counterfeit projects, especially for those with high potential projects. An expected growth space of over 10 times is not a problem. If you want to make big money in a bull market, like and leave a message, and I will help you layout the entire bull market!
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