What to do if withdrawing 5 million makes you fear being frozen?

Hello everyone, I am a small team leader at Binance—Da Lang. I usually serve hundreds of clients. Recently, many friends have asked me how to safely withdraw funds in the crypto world, so today I will share some practical withdrawal tips! 💡

Assuming you made 5 million, and you're starting to think about how to withdraw, what should you do? 🤔

1. Withdraw in Hong Kong: physically go to Hong Kong to exchange currency

• Note: Do not carry too much USDT at once; it’s safer to withdraw in multiple trips.

• The withdrawal shops in Hong Kong are usually quite unofficial, ⚠️ stay vigilant to avoid situations where exchange shops run away with your USDT!

2. Open a bank card: Binance → Kraken → Bank Card

• Transfer USDT from Binance to Kraken, exchange it for USD, and then withdraw to an account like ZhongAn Bank.

• This method requires you to arrange an overseas bank card in advance, but overall, it is relatively secure.

3. Binance C2C Withdrawal:

• Choose the exchange: Try to choose Binance, avoid using certain European exchanges, as they often deal with dirty money and have higher risks.

• Strictly vet merchants:

• Registration time: at least 2 years.

• Total number of transactions: the more, the better.

• Number of transactions in the last 30 days: moderate is best (too many might indicate high trading risk).

• Both parties should have real-name payment: Try to complete transactions through the exchange to eliminate offline cash transactions, TG (Telegram), and other non-transparent channels.

• ⚠️ Some people have been scammed through offline transactions, losing USDT, or even being robbed of RMB. In real cases, someone was convicted of robbery, while the other party was also a victim, making it even worse!

How to avoid bank risk control when making large withdrawals? 🏦

1. The truth about risk control:

• The main risk of withdrawal is fund freezing, followed by bank risk control.

• Bank cards that haven’t been used for a long time or have low transaction volumes are more likely to trigger bank risk control, but the probability is still not high.

• Some clients have transferred amounts in the hundreds of thousands without issues, but there are also cases where small amounts like 70,000 triggered risk control.

2. Practical tips to prevent risk control:

• Avoid suspicious behaviors:

• Do not transfer in quickly and out immediately (USDT just entered the card and immediately transferred out).

• Avoid multiple entries and one exit, or one entry with multiple exits.

• Large transactions at night are also likely to trigger the bank's anti-money laundering mechanism.

• Keep the account active:

• If conditions allow, keep some balance in the card or purchase some financial products to maintain normal financial activity.