Some transfer issues that may be faced in the early stage of entering the circle

For example, how to recharge, how to withdraw, will the card be frozen, how to transfer coins to the wallet, how to transfer coins to others, what is a network, what is an address

In a fog

First, let's talk about the issue of frozen cards that everyone is concerned about. Most of the time, this problem is worried about by newcomers or outsiders; experienced players only worry about not having USDT.

First of all, the C2C on exchanges can complete buying and selling USDT. It is completely fine to transfer funds in batches under 1 million.

Note: When selecting merchants, choose trusted merchants, preferably those established for more than 1000 days, and with a relatively high number of transactions. Remember to always trade through the platform and never trade privately.

There is also a method, for example, if you have friends in the circle in real life, you can exchange among friends.

Furthermore, if you have a lot of USDT, like hundreds of thousands or millions, you actually know how to cash out once you have that much.

Large amounts of funds can go to Hong Kong or abroad.

As for wallets, I personally think that small funds and short-term players can just keep them on the exchange; there’s no real need to set up a separate wallet, as it may increase your fund risk. Newcomers are always curious and like to hear various people's suggestions, clicking this link to see, scanning that code to download a software, and in the end, inexplicably, the coins in the wallet are gone...

Afraid of the exchange going down?

Then don’t seek small gains by playing with those shady exchanges; just stick to the big platforms. Besides, as a short-term player, your funds will definitely be long-term on the exchange.

If you are a coin holder (someone who buys a coin and holds it for a year or so without caring), as a large investor, having a wallet is still necessary.

Then about networks and addresses, newcomers don’t need to research too deeply. Just understand that wallet transfers send your coins through a certain network to a certain address, which is equivalent to someone else's account.

Emphasis: Mnemonic phrase (a string of words arranged in a specific order, used for wallet recovery) is best to be handwritten or split into several parts for safekeeping, and not stored in an album.