Participants in the cryptocurrency industry need to keep the following basic rules in mind:
1. Don't be greedy for cheap prices, as funds in on-site transactions may be frozen.
2. Don't be credulous about funds on on-site trading platforms, and you should verify them.
3. In the field of cryptocurrency, there is no risk-free money.
4. Beware that funds in on-site transactions, especially cash, may be related to illegal activities.
Currently, on-site transactions are rampant. Even if you sell cryptocurrency on the platform and pass the audit, provide a running account and real-name information, once someone reports to the police, you may be regarded as a suspect involved in the case. Whether you think you are conducting normal transactions, the funds involved are paid by the victim, and you may need to take responsibility and refund. The risk is borne by you, and the profit belongs to the other party. This is the reality of on-site transactions at present.
First, don't be greedy for high prices. All high prices are often illegal funds, just like sifting sand. The more carefully you sift, the less likely you are to be deceived. I have received illegal funds, and although they have not been frozen, I clearly know that there are problems with these funds. This is really luck.
Secondly, large USDT transactions should only be conducted with reputable large merchants. If there is no record of tens of thousands of transactions and a success rate of at least 90%, don't consider it. Although the prices of these merchants are usually lower, the risk of freezing the card is relatively low. Don't be superstitious that these large merchants will not freeze funds. Once necessary, they will take the same measures against you. Last year, some large traders broke thunder in succession, resulting in the arrest of 12 large accounts.
Finally, except for some well-known exchanges such as Ouyi and Binance, the risks of other platforms are higher, especially Yibifu and EB. They may involve online gambling and money laundering activities behind them. Even if you search for "moving bricks" now, most of them recommend Yibifu, and the water army activities are frequent, so many novices will be caught.
Preventing freezing and illegal funds from entering the account should be the first topic for everyone involved in the cryptocurrency industry, and it may also be the last lesson.
#加密🚀