In the crypto world, if you become a millionaire from trading cryptocurrencies and want to transfer this money back to a domestic bank account, you need to be cautious. Direct transfers may attract attention and be considered as having an unclear source of funds, potentially constituting a crime. However, don't worry, there are several legal pathways you can take.

The first method is: transfer USDT to the BiyaPay wallet, which is licensed in the United States. In BiyaPay, you can convert it to US dollars and then transfer it to banks like Wise or OCBC. Although there might be some fees along the way and the exchange rate might not be favorable, the money is clean and legitimate. Through Wise, you can transfer US dollars back to platforms like Taobao, WeChat, or Bank of China, but there is an annual limit. The OCBC 360 account is more convenient, allowing you to withdraw directly in China without the $50,000 limit.

The second method is to use the Kraken exchange, also withdrawing USDT and depositing it into iFAST's UK bank. Kraken is fully licensed as well. This method is also legal, but fees and exchange rate losses are inevitable.

A reminder, although these methods are legal, it is best to consult a legal advisor before proceeding to ensure that every step is safe and secure.

You must have heard a lot about market corrections, pullbacks, crashes and scams, but what do they really mean?

Let's use a simple potato story to explain.
Imagine you are selling potatoes in town. The price is stable and business is good. One day, a rumor suddenly spreads: "There will be a French fry festival, and the winner of the best French fry can win a big prize!" As soon as the news came out, everyone rushed to buy potatoes, demand increased, and prices rose accordingly. This situation is like a natural reaction to increased market demand.
Next, some merchants appeared. They bought a large amount of potatoes and deliberately created a shortage and raised the price. At this time, the price rose by 60%. But soon, the government intervened and announced that there was enough potatoes in the market. Everyone stopped panicking and the price corrected, falling by about 10%.
We call this phenomenon a "market adjustment." When the market overreacts, the price will correct and return to a more reasonable level.
However, new sellers appeared in the market. After hearing that the price of potatoes has increased, they came with more potatoes to sell. As the supply in the market increased, the price fell again, this time by 25%. This is what we call a "market pullback," a temporary drop in prices caused by new competition or increased supply.
But it doesn't end there. Suddenly, the government decides to import a lot of cheap potatoes. At this point, people start to panic and stop buying local potatoes. As a result, prices plummet by 50%. This is a "market crash" - a dramatic drop in prices caused by unexpected news or major events.
In the end, the truth is revealed: there was no so-called French fry festival, and the merchants just made up a lie to raise prices. Once the news spread, the market collapsed and prices almost went to zero. This is a classic "market scam," when the market is manipulated and people lose trust, prices will suffer a devastating drop.
So, is the current price fluctuation a normal market adjustment, a pullback, or a more serious crash? Or are we facing the potential risk of a scam?
We need to observe carefully, analyze rationally, keep a clear head, and not be swayed by market emotions.

The risks of withdrawals far exceed expectations, and you must be aware of these differences!

Withdrawal is an essential step in cryptocurrency trading, especially when it comes to fund security. Many people have doubts about the choice of withdrawal methods. In fact, depositing is relatively safe, but common risk control issues during withdrawals, such as account freezes, often cause concern.
Today, let's talk about the two common withdrawal methods and their risks.

Withdrawing through the exchange's OTC, the platform acts as an intermediary providing transaction protection. Merchants need to undergo real-name authentication and provide a margin, with trading prices close to market conditions, and the platform monitors the entire transaction to ensure safety. If any issues arise, the platform can assist in resolving them.

Over-the-counter trading, on the other hand, involves direct transactions with others through social platforms (such as WeChat groups, Telegram, etc.), which carries higher risks. There is a lack of third-party protection, making it difficult to verify the identity of the counterparty and the source of funds, and the trading price is prone to deviation, increasing the risk of funds being frozen.

The differences between these two methods mainly lie in the security of transactions, identity verification, transparency of trading prices, and the handling of issues.

Withdrawing through the exchange's OTC provides protection; both merchants and users need to undergo real-name authentication, trading prices are close to market conditions, and the platform will assist in handling issues such as account freezes and trading disputes. In contrast, over-the-counter trading lacks third-party protection, trading prices may have significant deviations, the identity of the counterparty is difficult to verify, and if problems arise, users need to resolve them on their own.

Therefore, to reduce risks, it is recommended to prioritize the exchange's OTC withdrawal method. By using this method, you can leverage the platform's protection to avoid trading disputes or fund risks. At the same time, avoid using unusual trading methods, such as cash payments or trading at excessively low/high prices, as these can increase fund risks. When choosing a counterparty, be sure to prioritize merchants with real-name authentication or reputable users, and check the other party's trading history.

Master these cryptocurrency trading secrets to easily earn hundreds of times returns!

1. Breakthrough key price levels, seize short-term opportunities immediately

When the price of a coin breaks through a key support or resistance level, it means short-term opportunities have arrived! Don't hesitate, get on board quickly; the market changes rapidly, and seizing the moment is crucial.

2. After a big rise, there will be a correction, remember not to chase highs

After a rapid price increase, the market often enters a correction period. At this time, do not impulsively chase highs; maintain your composure and wait for the correction to settle before considering entry. Chasing highs carries significant risks.

3. The price has risen, but the trading volume hasn't kept up? Beware of the main force 'playing tricks'

If the price rises but the trading volume does not show a noticeable increase, it is likely that the main force is manipulating the market, trying to attract retail investors to follow suit. Stay alert and avoid falling into traps.

4. Don't panic if trading volume is low during a sharp drop, but if the volume increases during a gradual drop, withdraw

When the price drops sharply and the trading volume is very low, do not rush to act; observe for a while. However, if the downward trend intensifies and the trading volume continues to increase, withdraw quickly! The more severe the drop, the more cautious you should be.

5. When prices skyrocket and speed up, top signals appear

When the price of a coin skyrockets and the speed increases, it often indicates that the peak is about to be reached. At this time, pay attention to top signals and prepare to gradually exit the market.

6. Don't chase highs when buying coins, enter the market during corrections

Avoid jumping in when the price has already reached its peak. Wait for the market to correct and enter when the price is more reasonable, which can effectively reduce risks and maximize profits.

7. Combine daily and weekly charts to clearly see the main force's direction

Analyzing the market requires looking at daily charts, but also combining weekly charts and even longer-term trends. Only through multi-dimensional analysis can you capture the main force's direction and accurately predict market trends.

8. Don't panic over small fluctuations; stay alert during significant rises

When the market experiences small fluctuations, there is no need to worry excessively. However, if the price continuously rises sharply, you need to be vigilant. Significant rises often come with risks; don't let short-term profits cloud your judgment.

9. New lows with decreasing volume indicate bottom signals; when trading volume rebounds, it's a good time to enter

When the price of a coin hits a new low and the trading volume gradually decreases, it often indicates that a bottom is approaching. When the trading volume starts to rebound and the coin price gradually bounces back, it's the golden time to enter the market.

What to do if your bank card is frozen while selling USDT? This approach can both unfreeze your card and mitigate risks!

Many friends have found their bank cards frozen while buying and selling USDT, which causes anxiety. So, why does personal trading of virtual currencies trigger bank card freezes? How can we legally and compliantly unfreeze it while avoiding legal violations?

1. Why was it frozen?

Since 2020, the government has strengthened the regulation of virtual currency trading, especially stablecoins like USDT, which, due to their strong liquidity and stable prices, have become a "tool" for illegal fund circulation. Therefore, it is not surprising that many people find their bank cards frozen after trading virtual currencies.
However, in reality, a frozen bank card does not necessarily indicate criminal activity; in many cases, it is simply because the bank triggered anti-money laundering monitoring. To avoid encountering similar issues in the future, everyone needs to understand the potential risks involved.

2. How to operate legally and safely?

If you made a profit from trading, but are worried that withdrawing to a mainland bank card might trigger a freeze monitoring, don't worry; there are still legal and safe ways to withdraw.

You can choose a legitimate e-wallet like BiyaPay to withdraw USDT from the exchange, exchange it 1:1 for USD, and then withdraw it to a compliant bank account. For example, you can withdraw to Bank of China or Alipay through Wise, which fully complies with regulatory requirements.

Kraken exchange also supports withdrawing USDT to a legitimate bank account in the UK, ensuring clear fund flow and simple operations.

By withdrawing through these compliant channels, you can avoid the risk of bank card freezing and not have to worry about being mistakenly identified as involved in illegal fund circulation.

3. How to unfreeze a bank card?

In case your bank card is frozen, the first step is to remain calm and actively communicate to resolve the issue. You can take the following steps:
Provide transaction evidence: For example, provide complete transaction records, chat logs, etc., to prove that your transactions are legal.
Prove your innocence: If necessary, provide proof of legal income sources to ensure the legality of fund flows.
Rational communication: When communicating with law enforcement, try to avoid emotional expressions, clearly explain how the bank card freeze affects your daily life and work, and present relevant evidence.

Do you think trading coins can make you rich overnight? The truth is…

If you want to make big money in the crypto world, you shouldn’t think about getting rich overnight, after all, there is no profitable path that is ‘sitting back and enjoying the fruits’. Especially for beginners, being eager to try contract trading can bring a lot of trouble. Being too eager to make quick money can easily trap you in losses.
Trading coins is actually a slow process, not something that can be achieved in a short time. Many beginners think that investing a small amount can earn them millions in a short time; this ‘impatient’ mentality may ultimately lead to losing everything. Therefore, rational investment and maintaining risk awareness are the most important.
Understanding the project is the first step in investment. You can visit platforms like CoinMarketCap and CoinGecko to check the market capitalization and circulation of coins, and you can also learn about on-chain data through Messari and Glassnode to have a general understanding of the project. Of course, reading the white paper is essential to clarify the technology and application scenarios behind the project. If a well-known institution supports the project, that can generally provide some reassurance. Don't forget that the team's activity on GitHub can also indicate a lot.
In terms of investment strategy, building positions in batches is a good choice to avoid investing everything at once. The market is volatile, don’t be afraid, and patiently wait to add positions during pullbacks. Moreover, setting a stop-loss point is very important to avoid losing too much due to a single mistake. Trading coins also relies on technical analysis and market sentiment perception. When a particular coin gradually gains market attention, that may be a signal for its rise.
The most critical part is actually taking profits! Set reasonable profit-taking targets and sell gradually, don’t miss the best exit opportunity due to greed. Trading coins relies on strategy, patience, and a bit of luck; the myth of getting rich quickly is only achievable by a few, while most people need to be more grounded and steady.
Opportunities in the crypto world are not available every day; don’t be blinded by some superficially flashy projects. Trading coins is not about getting rich from a single trade, but about achieving long-term stable profits. The most important thing is: understand the market and do your homework, only then is it possible to sail far in this volatile ocean.

Making money without fear of being frozen! Use the right methods to get rid of troubles!

When operating in the cryptocurrency world, many people have encountered the headache of having their bank cards frozen. In fact, the bank's risk control system has some tricks, and mastering these small techniques can effectively avoid risks and ensure account safety! Let's take a look at some practical anti-freezing methods shared by a friend who has worked at a bank for 10 years!

1. After funds are transferred in, don't rush to operate

After completing the withdrawal operation, when someone transfers money to your bank card, try not to immediately transfer or use these funds. Quick operations may trigger the bank's risk control system and are easily misjudged as "order brushing" behavior.

2. Avoid transfers on non-working days, especially at night

The bank's risk control system is very sensitive. Frequent nighttime transfers or large transfers on weekends and holidays may be misjudged as online gambling or money laundering activities. Try to operate on working days during the day.

3. Fixed merchants, fixed time for withdrawals

Make transfers on a fixed date each month (for example, the 15th of each month or the end of the month), and try to choose the same merchant. This way, the bank is likely to view these funds as "fixed income," like a salary, which poses lower risks.

4. Avoid frequently changing merchants, especially for large transfers

If you frequently change merchants and involve large amounts of money, the bank will suspect your source of funds and may freeze your account for an extended period. Small amounts of money are manageable; providing relevant proof can unfreeze it within 2-3 working days; however, if not provided, it may take 7 working days.

5. Do not randomly test small transfers

After completing a transfer, do not attempt to transfer small amounts using WeChat or Alipay. Frequent small operations can easily be identified by the system as "abnormal" behavior.

6. What to do if the account is frozen?

In case your account is frozen, remember to bring your ID card and bank card to the bank counter for processing, and you must provide a clear explanation of the source of funds, especially for unclear funds.

Do you want to earn big in the long run!? Come check out these anti-bear market altcoins!

First and foremost, we must mention DOGE (Dogecoin).

The breakout of Dogecoin to new highs has almost become inevitable, especially after Musk took office as the DOGE minister in January, he will surely continue to increase support for DOGE, pushing it further up. So, there is still room for Dogecoin to rise.

If you feel that DOGE's cost-effectiveness is no longer attractive to you, you can pay attention to Pepe and Floki.

Pepe's strength lies in its powerful community consensus behind it; the essence of meme coins is culture, and Pepe just happens to capture this point, becoming a star coin in the meme sector. It is expected to continue to explode in the future, targeting a fivefold increase is not an exaggeration.

As for Floki, this coin is also worthy of attention. Its community is equally powerful, but what is most attractive is the heavy investment from the project team.
Floki's promotion is simply “hardcore,” using billboards, CCTV exposure, and all kinds of high-traffic promotional methods. As a result, this traffic has driven the price of the coin up.
Moreover, friends holding Floki can enjoy a continuous stream of airdrop benefits!
For example, last time, they airdropped 4% of CAT profits to FLOKI holders, and this time there will be another airdrop—MONKY!
Floki really understands its users, not only letting you make money but also giving away airdrops for free, making it hard for people to sell at a loss.

Trump suggests perhaps creating a 'Bitcoin Strategic Reserve'? Bitcoin briefly exceeds $106,000!

On December 16, during the Asian early trading session, the price of Bitcoin broke through $106,000, setting a new all-time high. The reason for this surge in momentum was surprisingly a remark from newly elected President Trump of the United States.
In an interview, he stated that he plans to establish a Bitcoin reserve in the U.S. similar to the strategic petroleum reserve, and the news instantly ignited the market.
IG analyst Tony Sycamore also mentioned: "The current market environment is quite optimistic, and the next target may be $110,000. The correction everyone was expecting did not occur; instead, Trump's comments gave the market more confidence."
In last week's CNBC interview, Trump revealed: "We are going to do some big things in the cryptocurrency space. We do not want other countries to get ahead of us; we want to be the global leader." When asked if he would establish a Bitcoin reserve like the oil reserve, he simply replied: "Yes, I think so."
Trump's comments not only caused Bitcoin prices to soar but also sparked global discussions about the prospects of cryptocurrency reserves. In fact, not only the United States but other countries are also beginning to consider the possibility of cryptocurrencies as strategic reserves. Even Russian President Putin has pointed out that the current dollar reserves are facing challenges, with more and more countries starting to consider incorporating cryptocurrencies into their asset allocation.
It seems that Bitcoin is gradually evolving from a 'digital asset' to a 'global reserve asset.' This increase might just be the beginning!

In the cryptocurrency world, various strategies emerge endlessly. Let's take a look at some common operations.

1. The seasoned investor's coin hoarding mantra
This operation really only requires two steps: Buy! Hoard! Then just guard your treasures and wait patiently for the flowers to bloom. Sounds easy, but doing it tests human nature: when the market rises, you feel anxious, and when it falls, you panic. If you can truly hold long-term, the returns will naturally not disappoint you.

2. Rapid whirlwind in a bull market
During a bull market, take a small portion of spare money to invest. The investment principle is: do not over-invest, only use one-fifth of the total funds. Choose coins with medium market caps; switch them when they rise or fall. Just keep the rotation going. Even if you occasionally get stuck, in a bullish atmosphere, you can quickly resolve it—but remember, don't buy those overly trashy coins.

3. Follow the flow of money
In a bull market, the flow of funds sinks from large coins to small coins like an hourglass. First, the top coins soar, then mainstream coins, and finally niche coins. You need to keep up with the rhythm to make money easily.

4. Pyramid counter-offensive
During a market crash, it's time to show the real operations—pyramid buying method. Buy more as prices drop, and invest heavier. The benefit of this approach is: low cost and low risk. Once the market warms up, the returns can be quite rewarding.

5. The magic of moving averages
For those who understand candlestick charts, this skill is a must. Set your moving averages, see where the current price lies between the two lines, and then make smart buying and selling decisions. This move is suitable for players with some basic knowledge.

6. Aggressive coin hoarding technique
Find a few quality coins that you are optimistic about, buy low and sell high, then reinvest the profits into more coins. This move can make your coin stash grow richer, and your returns will rise accordingly.

7. ICO snowballing
Jump in when new coins are issued, cash out after several times the increase, take back the principal, and reinvest the profits. This cyclical operation can keep your principal safe while continuously rolling over profits.

8. High sell low buy cycle race
Look for coins with large price fluctuations, buy at low points, sell at high points, and repeat. This operation requires you to keep a close eye on the market and react quickly.

9. Small coin investment big adventure
Use a small amount of money, like ten thousand, and evenly distribute it across ten small coins. These little partners have low costs and large upward potential; take profits after three to five times the return. Even if you get stuck, don’t panic; think long-term and fish for big ones. Once you profit, withdraw the principal and invest in the next small target, and the compound interest effect will be delightful.

What to do if your bank card suddenly gets frozen? Friends who are in the cryptocurrency circle should take a look!

First, we need to understand why the card may be frozen. Usually, there are two situations:

1. Bank risk control: This may be because your trading pattern triggered the bank's anti-fraud model, such as frequent large transactions, quick in and out, etc., leading to the account being frozen.
2. Public security judicial freeze: If your transaction records involve funds related to a case, commonly known as "dirty money," then law enforcement may freeze your account.

So, how should we respond to a frozen card?

1. Bank risk control freeze: Go to the bank immediately to understand the situation. Bring your ID card and bank card, and explain your transaction history and account usage. If it's a risk control issue from the anti-fraud center, you may need to go to the public security department for an account investigation.
2. Public security judicial freeze: This is divided into temporary stop payment and formal freeze. A temporary stop payment usually lasts 1-7 days, waiting for automatic unfreezing. However, if it turns into a formal freeze, the period may last up to six months, or even longer.
At this time, you need to inquire with the bank about the information of the public security unit that froze the account, contact the police to understand the reason for the freeze, and actively cooperate in the handling process. Generally, if the bank card involved in the case is related to cryptocurrency trading, patient communication may lead to the lifting of the judicial freeze.

Stay calm, communicate reasonably, and in most cases, these issues can be resolved.

Sun Yuchen Shocking Statement: PayFi to Lead a New Transformation in the Financial Market!?

At the recently concluded Taipei Blockchain Week, Sun Yuchen, the founder of TRON and a member of the Huobi HTX Global Advisory Committee, shared his latest idea—PayFi—through a video speech.

Sun Yuchen stated that PayFi is a brand-new financial ecosystem model that creates entirely new financial tools and user experiences centered around the time value of money. This is not only a significant innovation in the financial sector but also greatly enhances users' economic autonomy and self-management capabilities!

The goal of PayFi is to build a programmable currency system that allows everyone to enjoy greater financial freedom. By generating interest through staking for innovative applications such as consumption, PayFi effectively addresses the liquidity issues faced by professionals in the Web3 industry, injecting strong momentum into the sustainable and healthy development of the industry.

This Taipei Blockchain Week, held from December 12 to 14 in Taipei, had the theme “Onboard,” attracting over 200 global speakers and more than 60 sponsors and partners. The event featured three stages dedicated to promoting the application and innovation of Web3, exploring the infinite possibilities of blockchain technology together!

PayFi and the future financial market are worth paying attention to.

What is 'Whale Manipulation'? Why are most people losing money by following?

In the ocean of cryptocurrency, there are some 'big fish'—also known as 'whales'—who stir up waves with their massive assets. They can easily sway coin prices through large-scale buying and selling, making a fortune in the process. Because the liquidity in the crypto market is low, when whales make a move, it often triggers massive price drops or surges, attracting small investors to follow suit, only for the whales to come out on top in the end!

What tricks do whales commonly use?

1. Large buy and sell: Buying or selling a large amount of coins at once, instantly raising or lowering the price. The little guys panic at the price fluctuations, while the whales take the opportunity to buy low and sell high, profiting effortlessly.
2. Pretending to be busy: Whales will fill the order book with buy or sell orders in a certain price range, creating a false sense of support or pressure. Once the market bites, they immediately cancel their orders, leaving everyone flustered.
3. Flash trading: Rapid buying and selling in a short period, causing a flash crash or surge in price. Especially when everyone is emotionally vulnerable, whales thrive and make merry.
4. Pump and dump: First, they buy a large amount of a coin, heating up the market and attracting retail investors. Once the price skyrockets, the whales suddenly sell off, causing the price to plummet, leaving latecomers with losses.

Why do most people lose money?

1. FOMO and panic: Whales drive up the price, triggering the 'fear of missing out' emotion. Everyone rushes to buy in, and the whales take this opportunity to sell, causing the price to crash, and retail investors to lose money.

2. False support and resistance: Large pending orders mislead everyone into thinking there is support or pressure at certain price levels, only for the whales to cancel their orders, trapping traders.

3. Fake trading volume: High trading volume appears to indicate a strong market, but in reality, it’s an illusion created by whales to mislead everyone’s judgment.

How to avoid falling for whale tricks?

1. Diversify investments: Don’t put all your eggs in one basket; diversify your investments to reduce risk.

2. Stay calm: In the face of extreme volatility, don’t let emotions take over. Analyze rationally and don’t blindly follow the crowd.

3. Keep an eye on trends: Use tools to monitor market capital flows and pay attention to the movements of large investors to identify risks early.

4. Choose reliable platforms: Select regulated and transparent platforms, as these are less susceptible to manipulation by large investors, ensuring the safety of your investments.

The cryptocurrency market has also been fluctuating these past few days. Microsoft's shareholder meeting rejected the Bitcoin investment proposal, and Google released the quantum chip Willow, causing a stir in the market. Many small investors have cut their losses, but the Bitcoin ETF is still attracting quite a bit of capital.
Last night, the US announced the November CPI data, which met expectations, and Bitcoin once again broke the $100,000 mark.
There are also rumors that Bitcoin may break the $150,000 mark after Trump takes office.
Besides Bitcoin, which other hundredfold potential coins deserve our attention?
1. Shiba Inu (SHIB): SHIB initially started as a meme coin, but it is continuously expanding its ecosystem, built on Ethereum, supporting decentralized applications, and has its own ShibaSwap exchange. Interestingly, the founder of SHIB donated half of the tokens to Ethereum founder Vitalik Buterin, who destroyed these tokens and donated them to India's pandemic relief fund. The future vision and community attention for SHIB make it increasingly prominent.
2. Solana (SOL): Solana is praised as the "Ethereum killer" for its ultra-high transaction speed and innovative technology; it has great potential and may become the leader in smart contract platforms in the future.
3. Dogecoin (DOGE): Although Dogecoin initially started as a joke, with support from high-profile figures like Musk, the community has grown stronger. Now, DOGE is not only a meme in many people's hearts but is also continuously rising, with significant explosive potential in the future.

The new Anti-Money Laundering Law will come into effect in January next year, and the difficulty of withdrawing cryptocurrency may increase!

If you have made a substantial profit from trading cryptocurrencies and want to directly withdraw your coins to a bank card in mainland China, this may trigger the bank's anti-money laundering monitoring, resulting in account freezes, asset seizures, and a series of troubles. Especially with stablecoins like USDT, if not handled properly, you may also face legal risks.

But don't worry, there are still legal and safe ways to successfully withdraw funds. Here are two references:

1. Withdraw USDT from the exchange to BiyaPay

BiyaPay is an electronic wallet with a legal license in the United States. You can withdraw USDT to BiyaPay and exchange it 1:1 for US dollars. After that, withdrawing to a legal bank account becomes very simple.
Here’s an example using Wise: Once the funds arrive at Wise, you can directly withdraw them to Alipay, WeChat, or Bank of China. However, please note that Wise has a limit on withdrawals.

2. Withdraw USDT from the exchange to Kraken

Kraken is an exchange with a legal license in the United Kingdom. You can withdraw USDT to Kraken and then transfer it to IFast UK Bank.

These paths fully comply with regulatory requirements, and the flow of funds is clear and legal. Although there may be some fees and exchange losses, the overall process is absolutely reliable.