Making ten million from trading cryptocurrencies, does this count as a source of huge property with unknown origin? Will withdrawing to my own card freeze the card?
In traditional OTC, the identity and source of funds of the other party are opaque, which can lead to a series of problems. Don't worry, there are legal withdrawal methods here to inform you!
First, we need to clarify that in many countries abroad, trading cryptocurrencies is a legal investment activity.
So, the money you earn is not illegal income. So, how can you withdraw legally?
You can transfer USDT from the exchange to your BiyaPay e-wallet.
Then you can exchange it 1:1 for US dollars or other fiat currencies within BiyaPay, and then withdraw to banks like Wise or OCBC.
Finally, you can directly remit the funds back to mainland bank cards or Alipay WeChat. Although there will be handling fees and currency exchange losses, this is a legal action.
Your funds will also become clean. Of course, you will need to pay some handling fees and exchange losses, but these are all to legalize your funds, so this is the cost we should bear.
By learning these legal withdrawal methods, your cryptocurrency trading profits can be safely secured! $BTC
