Why is the cryptocurrency market so quiet this year?
There’s no other reason, it’s simply because buying and selling USDT has become crazily regulated, making it difficult to deposit or withdraw funds; buying is troublesome and selling is also troublesome.
Fraud prevention is monitored not only from the app side but also from Alipay, WeChat, and bank card ports, making it seem like they are completely blocking virtual currencies.
Now virtual currencies have completely mixed with the black and gray industrial chains, making it impossible to distinguish them at all; if you buy or sell USDT, you will definitely be investigated.
Who knows what you bought it for, whether to buy virtual currencies, gamble, commit fraud, or something else.
This year, after buying USDT twice, the police came to my door, so you can imagine how annoying that is; the fraud prevention side is even more aggressive, they call you and almost directly scold you.