A Little Advice on Withdrawals, Let's Chat

Yesterday, a friend asked me how to withdraw money from a cryptocurrency account to send a red envelope to his wife. Although I haven't withdrawn a lot, I did make a little extra during this bull market, so I want to share my experience on how to withdraw money safely.

First of all, the most important point is to never casually find someone to exchange money privately (like U coins). Some people may lose their cool while gambling, and once the money is in their hands, they might not acknowledge it. At that point, you won't even have a place to cry.

I have always used the Binance platform to withdraw money; I don't really use other platforms. On Binance, I only choose verified merchants, and I try to use Alipay. Although the fees are slightly lower, it is safer, and I haven't encountered any issues after using it for so long.

When selecting a merchant, I also check their transaction volume for the past month. A high transaction volume indicates good reputation, which puts my mind at ease.

This step of identity verification must not be taken lightly. If someone tells you they have exhausted their transfer limit and needs to change to another account to receive money, don't believe it. Just refuse directly to avoid being scammed.

After the money arrives, I usually leave it for one night before moving it. This way, if something seems off, I can catch it in time.

That's my little experience! I hope it helps you. Wishing everyone a prosperous 2024 with plump wallets and beautiful lives!

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