Suppose you earned 5 million in the cryptocurrency market, selling U every day resulting in a lot of funds without withdrawing, reaching 5 million, the bank will call you and visit your home, asking you to buy wealth management, trust funds, insurance, and join VIP gold card.
If you sell U to the platform, you will definitely encounter dirty money. Level three dirty money is not too much, it will be frozen for 3 days, but with so much in your card, it is estimated that it will be frozen for half a year.
If you are involved in level two dirty money, it may be frozen for six months or even confiscated.
If the money is not too much, you might slightly compensate 10%. That might resolve it, but if it's too much, then people might get involved and face consequences, and for five years you cannot go online, use cards, or loans.
If you buy U at a very low price, or sell U at a particularly high price, with a market price of 7 yuan, and you sell for 7.5, then you are knowingly committing a crime. That would be too bad.
So do not be greedy for cheap U, or sell U at a particularly high price. If you receive level one dirty money, then there is nothing more to say, it will directly lead to a minimum of three years. The charge will definitely be for concealing criminal proceeds.
If you are selling U, definitely do not go to the platform. Listen to my advice, being cautious is vital. Do not go to the platform, nor look for U merchants. And definitely do not engage in offline cash transactions; one is that cash transactions could involve a lot of dirty money, and two, it may put you in personal danger. Do not put yourself in a risky situation.
You made money, and I will tell you how to cash out. You find someone you trust to cash out, they usually give you the money first, you give them U, then you verify the funds. Do not use funds that have been in and out frequently for more than three days. Normal living expenses on the card are acceptable.
Even if you earn a hundred million, you don't need to sell it all at once. Sell it slowly, for example, if you sell 1 million, then you can slowly use Alipay, withdrawing 100,000 daily is fine. No need to rush. Rushing to sell can easily lead to problems. If possible, do not use bank cards.
Many people talk about selling for Hong Kong dollars, but this operation is particularly troublesome and requires many qualifications and procedures. Do not just listen to others if you haven't studied it yourself. Only after trying can you say it is usable.
If you sell less, the bank usually won't ask you, but if your card receives a lot of money every day, it is likely to be flagged by non-counters, so you will need to go to the counter to withdraw. This cannot be avoided. This is all to prevent fraud and to stop you from lending your card to others.
If you are a person with a clean background, without drug or criminal involvement, and you sell coins to make money, and the money is clean, the bank won't ask too many questions. You can rest assured. But if you have any history, they will investigate very thoroughly.
