A must-have in the cryptocurrency world: A safe withdrawal guide 🔥

Suppose you have made 1 million and are considering withdrawing money, what should you do?

Especially for beginners, you must read carefully and save it in case you make money one day!

1. Withdrawal from Hong Kong: A physical trip

• Operation method:

• Go to Hong Kong and exchange USDT (or other crypto assets) into HKD or RMB through a currency exchange point.

• It is recommended to withdraw money multiple times and in small amounts to reduce risks.

• Avoid carrying a large amount of assets at one time, which may cause unnecessary trouble.

• Choose a currency exchange shop carefully to ensure that the other party is reputable to prevent the situation of "taking the currency and running away".

2. Withdrawal from overseas bank cards: safe but requires preparation

• Operation method:

• From Binance to Kraken:

1. Transfer USDT from Binance to Kraken and exchange it for USD.

2. Withdraw to an overseas bank account, such as ZhongAn Bank or other banks that support crypto transactions.

• This method requires applying for an overseas bank card in advance, but the overall risk is lower.

• Pay attention to the handling fee, which may affect the final profit.

3. Binance C2C (peer-to-peer) trading withdrawal: flexible but cautious

• Operation method:

• Use Binance's C2C platform to exchange USDT into RMB or other currencies through real-name authentication merchants.

• After the transfer is completed, withdraw directly to the bank card.

• Choose a reputable merchant:

• Registration time: at least 2 years.

• Trading volume: large and stable orders (avoid the risk of fund freezing due to too many orders).

• Offline transactions are strictly prohibited: avoid cash transactions or through opaque channels such as TG to prevent being deceived or robbed.

Real case warning

Some offline transactions have serious consequences:

• Robbery: U or RMB was robbed during the transaction, and even caused personal danger.

• Legal disputes: In some cases, offline withdrawals were sentenced to "robbery", and both buyers and sellers were victims.

In addition, I would like to remind everyone that the trend of the currency circle is full of uncertainty and challenges. When participating in the currency circle investment, investors should fully understand the relevant risks, remain calm and rational, and respond to market changes with a stable strategy!