OTC Withdrawals Top Ten Points to Ensure Fund Safety
1. Choose Large Platforms: For OTC trading, select well-known large platforms with advanced risk control and strong security measures. Merchants should have high deposits to reduce the risk of money laundering, and there should be good communication with regulators to resolve issues quickly and effectively.
2. Bank Card Management: It is recommended to use cards from China Merchants Bank or Bank of China, with separate cards for deposits and withdrawals. The withdrawal card should not be mixed with daily use cards, and funds should remain in the card for a period after withdrawal to facilitate tracking the flow of funds and reduce risk.
3. Select Quality Merchants: Choose merchants with a high number of transactions and good reputations on large platforms, such as OKEx diamond merchants or Binance shield merchants, and check their historical records before trading.
4. Avoid Illegal Activities: Stay away from illegal activities such as pyramid schemes, Ponzi schemes, and score-running to ensure the legal source of USDT and secure trading.
5. Control Trading Frequency: Make large withdrawals infrequently, avoiding frequent small transactions to prevent being misjudged as money laundering and encountering account issues.
6. Choose Withdrawal Timing: Try to withdraw during weekdays in the daytime (9 AM - 6 PM) and avoid nighttime to reduce the possibility of being investigated.
7. Transfer Remarks: Do not add remarks for deposits and withdrawals, especially related to cryptocurrency terms, to avoid regulatory scrutiny.
8. Be Cautious of High-Priced Purchases: Stay alert to news about high-priced purchases or low-priced sales of USDT, especially when trading with strangers online to prevent scams or money laundering.
9. Save Transaction Records: Keep records of bank card transactions, merchant information, and screenshots of transaction order details, paying attention to time information and being cautious with payment screenshots.
10. Use of WeChat and Alipay: For deposits, you can use WeChat or Alipay small accounts, and for withdrawals, avoid frequent small operations. You can reasonably use Huabei and Jiebei for cashing out and repay promptly.