If you earn $10 million through cryptocurrency trading, could this be considered a crime involving large assets from unknown sources? Under certain domestic laws, it might be, particularly if you transfer funds directly from an exchange to a local bank account. However, there are alternative methods to manage your funds legally.

In many countries, cryptocurrency speculation is a legitimate investment activity. Don’t be misled by claims that withdrawing your funds will lead to arrest; these might be attempts to misguide you. Here are two legal strategies to handle your funds:

1. Transfer USDT from your exchange to Biyapay, a U.S.-licensed e-wallet. You can convert USDT to USD at a 1:1 rate on Biyapay and then transfer the USD to Wise or OCBC Bank. Note that there will be handling fees and potential exchange losses. With Wise, you can transfer funds back to Alipay, WeChat, or the Bank of China, but there is an annual limit of $50,000. OCBC allows you to use their 360 account’s physical card for cash withdrawals in China without the $50,000 limit, though fees and losses still apply.

2. Transfer USDT to Kraken, a UK-regulated platform, and then move the funds from Kraken to iFAST UK Bank. Both approaches ensure that your funds are legal and traceable as legitimate bank assets.

Handling fees and exchange losses are part of the process but are necessary to ensure the legality of your funds. Understanding and navigating these processes correctly is crucial. Stay informed and avoid relying on guesses.

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