In recent years, there have been frequent cases of frozen cards being sold on exchanges, and the safety of retail investors' withdrawals cannot be guaranteed. Many people have chosen to trade U over the counter.

However, OTC U also faces great risks, not only the cards are frozen, but some are directly defrauded.

Today, Tianji will reveal to you several strategies for OTC U trading:

Routine 1: Get scammed by selling USDT online

This kind of routine is relatively simple. Xiaobai randomly finds someone on the Internet and transfers U to the other party, but is directly blocked by the other party.

It's okay for you to trade small amounts of U, but as long as you trade U for large amounts, the other party will disappear after accepting the U.

Also, after the other party receives your U, they will say that there is something wrong with your U. After the transfer, their account will be subject to risk control and cannot be withdrawn. Anyway, they will use various excuses not to transfer the money to you.

Human nature cannot withstand temptation, nor can it withstand the temptation of money.

After being deceived, you go to the police and find that the other party's chat is not real-name, and you don't know any valuable information about the other party. In addition, IG clearly stipulates that virtual currency transactions are not protected and are personal behaviors, at your own risk.

There's nothing you can do.

Routine 2: Selling U bank card on the benchmarking platform was frozen

This kind of routine is that a novice heard someone introduce that a certain platform is very reliable to cash out USDT, and it can also make money by using bricks and mortar.

This kind of platform generally does not have KYC, and it is very easy to cash out U, and the price is more expensive than the exchange. Newbies are dazzled by the high prices and sell U on the platform. They even often buy U from the exchange, and then sell it on this platform to earn the difference.

In fact, platforms like this are specifically designed to help the black and gray industries use white funds; such as "Ebipay" and "ULinx" are two platforms, and anyone who sells U on these platforms is licking their wounds.

Every penny you get from selling U on the platform is black money!

Routine 3: Selling U and getting robbed in reality

If you sell U online, you are afraid of having your card frozen or being cheated, so you choose to sell U offline.

Those who sell U products offline are usually big sellers. After all, small quantities of U products are not worth meeting offline.

This kind of offline transaction usually involves contacting the buyer online, negotiating the price, making an appointment, and then meeting in person to make cash or transfer transactions.

Here comes the routine. After receiving your message offline, some unethical people will kick you out of the car and run away. Also, the person who meets you in person is not the person you chatted with online, it is just a guy who meets you. After you transfer the U, the other party does not transfer the money.

You go to Ma Zai, Ma Zai says you didn't transfer the coins to me. You call the police and Ma Zai says that he was also deceived by others.

However, these situations rarely occur. If you trade offline, be sure to make sure the person you meet is the boss who transfers your money, and then find a relatively safe place to trade.

In fact, offline transactions are relatively safe.

Routine 4: Caught selling U bank cards in Moments

We can always find in the circle of friends that many people buy and sell goods there. Who are they?

One is to do capital trading, because now U is used to make capital trading, and many people don’t know how to buy and sell U, so they use over-the-counter transactions.

If you sell U to someone who does capital trading, and once the market collapses and someone else calls the police, they will say they gave you the money and suspect that you and the capital trading operator are in the same group; then, the funds you receive are shady. The police will freeze your bank card or, in serious cases, come to arrest you directly.

There is another type that specializes in helping black and gray industries make money. This kind of over-the-counter currency merchants often publish advertisements for buying and selling in Moments and social circles, and the prices are also very high.

This kind of currency dealer earns the price difference by collecting U, and the profit is very considerable. A fan of Tianji used to be a currency dealer of this kind. He used encryption software to contact overseas illegal elements, and he could earn thousands a day by selling U. Tens of thousands.

If you sell U to this kind of person for a long time, then you are just waiting to be caught.