Hey, everyone in the cryptocurrency industry, listen up! If you make a lot of money in the cryptocurrency industry and want to withdraw cash, will the bank ask you about the source of the money? This matter depends on the amount, frequency, method and bank card status of your withdrawals, as well as whether the money you withdraw came from the wrong source.
If the amount of cash you withdraw is small, the frequency is low, the method is formal, and the bank card is normal, the bank may turn a blind eye. But if the amount of cash you withdraw is huge, the frequency is very high, the method is unique, and there are some problems with your bank card, then the bank may have to be "serious" against you.
Also, if your money is black money or other illegal income, you may face legal sanctions. If the police come to your door, be prepared to explain.
Of course, the platform, merchant, currency and card type you choose to withdraw money are also crucial. Choosing the right one reduces the risk; choosing the wrong one increases the possibility of being targeted.
In short, it is really complicated to withdraw money after making money in the currency circle. It's hard to say whether the bank will ask you about the source of your money. Therefore, you big bosses must be careful not to let yourself become the "key focus" of the bank.
In order to avoid these troubles, I have some suggestions for you:
Understand your investment goals and risk appetite, and don’t withdraw too much money at once to avoid scaring the bank;
Learn some knowledge about digital currency and laws and regulations, and don’t let yourself become legally illiterate;
Choose formal, safe and legal transaction methods and channels, and stay away from black money;
Diversify your investments, diversify your withdrawals, and don’t hang yourself from a tree;
培养好的投资心态和习惯，别贪心不足蛇吞象。
