Hong Kong withdrawal method
You can go directly to Hong Kong for currency exchange, but remember: Don’t be greedy or try to make things easier by carrying too much U at once. Take multiple trips to control the risk. Meanwhile, currency exchange shops on the streets of Hong Kong are mixed, mostly unofficial channels, so be cautious to prevent merchants from taking your U and disappearing.
Path to getting a bank card
Follow the route: Binance → Kraken → Bank Card. First, transfer U from Binance to the Kraken platform, exchange it for USD, and withdraw to an overseas account like Zhong'an Bank. It's crucial to get an overseas bank card in advance; although the process is a bit cumbersome, overall security is better guaranteed.
Key points for Binance C2C withdrawals
1. Choose the right exchange: Avoid certain European exchanges; they are rife with dark money and high risks. Once involved, the consequences are unimaginable.
2. Carefully select merchants: Prefer those registered for more than 2 years; the more transactions they have, the more reliable their reputation is. Avoid merchants with extreme transaction volumes in the last 30 days, especially those that frequently trade and seem 'restless', to prevent stepping on a landmine.
3. Real-name transparent transactions: All payment and receipt processes must be handled within the exchange. Never use opaque channels like cash or TG for offline transactions. Offline trading is a 'trap jungle'; there are many cases of scams involving U or robbing RMB, and there have been real-life cases resulting in robbery convictions. Don’t harbor any illusions.
Large withdrawals should respond to bank risk control
1. Understand the reasons for risk control: When withdrawing funds, the freezing of funds and bank risk control act like 'ghosts', causing headaches. Long-idle bank cards with low transaction volumes are prone to 'collision' and triggering risk control. However, this is quite random; there are cases of million-dollar remittances going smoothly, while small amounts like 70,000 can get flagged.
2. Preventive techniques: Don't engage in 'quick in and out' flash trades with fund operations. Avoid suspicious patterns like multiple entries for one exit or one entry for multiple exits. Don't make large transactions late at night, as it can easily trigger anti-money laundering 'alerts'. Keep some balance in your account, buy some financial products to keep the account 'active'. If you don't urgently need the money, avoid making large withdrawals recklessly.
3. Risk control response strategies: If you are really 'locked' by risk control, don’t panic. Quickly contact the remitter and cooperate with the bank's appeal process. The bank's intention is also to ensure the safety of funds, as long as we act properly.
