Some transfer issues that may be faced in the early stages of joining the circle
For example, how to recharge, how to withdraw, whether the card will be frozen, how to transfer coins to a wallet, how to transfer coins to others, what is a network, what is an address
In a foggy cloud
First, let's talk about the issue of frozen cards, which many people are concerned about. Most of these concerns are from newcomers or outsiders, while experienced players only worry about not having U.
First, the C2C exchange can complete the buying and selling of U. There is absolutely no problem in withdrawing and depositing funds within 1 million.
Note: When choosing merchants, choose ShenDun merchants, and preferably those that have been established for over 1000 days and have a higher number of transactions. Remember to conduct transactions through the platform and avoid private trades.
There is also another method, for example, if you have friends in the circle in real life, you can exchange among friends.
Moreover, if you have a particularly large amount of U, such as hundreds of thousands or millions, when you really have that much U, you will know how to withdraw it yourself.
Large funds can go to Hong Kong or abroad.
Then regarding wallets, I personally believe that small funds for short-term players can just stay in the exchange, there is no great need to set up a separate wallet, it may actually increase your financial risk, because newcomers are always curious, like to listen to various people's advice, clicking this link to see, scanning that code to download a software, and in the end, mysteriously, the coins in the wallet are gone...
Afraid of the exchange going bankrupt?
Then you should not be greedy for small benefits and play with those shady exchanges, just stick to the big platforms, and since you are a short-term player, your funds are definitely long-term in the exchange.
If you are a coin hoarder (that is, buying a coin and holding it for a year and a half without caring), you are a large fund investor, and wallets are still necessary.
Then regarding the network, addresses, etc., newcomers do not need to study too deeply, as long as you understand that wallet transfers send your coins through a certain network to a certain address, that address is equivalent to someone else's account.
Emphasis: Mnemonic phrase (a sequence of words arranged in a specific order that can be used to recover a wallet) is best handwritten or split into several parts for safekeeping, do not store it in an album.
