I talked to a friend who was following along with me about a troubling matter. A few days ago, a guy who had been practicing with me for more than half a year urgently contacted me in the middle of the night. He said he had just exchanged 600,000 USDT for RMB through over-the-counter trading (OTC), and the money had been transferred to his bank account for less than two hours when his mobile banking app popped up a notification—non-counter transactions were restricted.
The money was still in the card, not a single cent less, but this card was basically considered 'useless': checking the balance was incredibly slow, and transferring money was impossible. The guy's mindset completely exploded at that moment. He told me a harsh truth: 'In the market, I've endured the wild fluctuations, but I never expected to get tripped up at the withdrawal stage.'
This is very common in the cryptocurrency world. Many people focus on K-line charts, position management, and stop-loss settings when trading, putting all their energy into market trends, but overlook the most critical issue—whether the money can actually be withdrawn smoothly.
In fact, the real risk does not lie in how the market moves but in the path of capital flow. So why does it get frozen? Simply put, it's because there are issues with the capital association.
Over-the-counter (OTC) trading is not simply you sell, I buy. If there is a transaction involving USDT that relates to fraud or money laundering in the upstream, once discovered, the entire capital chain will be marked. You may be trading legitimately and earning money legally, but as long as this money passes through your account, your account may be temporarily restricted.
It should be clarified that having your account frozen does not mean you have committed a crime. In most cases, this is just the police conducting inquiries and does not imply guilt. As long as you prepare the relevant materials, it can generally be unfrozen. However, the unfreezing process can be quite tedious: you have to keep going to the bank, gathering various materials, and then anxiously waiting for feedback. If you're lucky, it can be resolved in a few weeks; if unlucky, it can often drag on for months.
So, some pitfalls should be avoided; don't wait until something happens to think about remedying it. Below, I will share a few practical risk control tips that are really useful. Don't find it troublesome; these are matters of life and death.
First, prepare a 'dedicated bank card'. This card is specifically for over-the-counter (OTC) trading and should be completely separate from your salary card and daily use card. This way, even if this card is subject to risk control, it won't affect your normal life.
The second point is, when selecting a counterpart, only look for 'established merchants'. Those with a reputation of over a year, a significant transaction history, and a low dispute rate are the reliable choices. Never trade with new accounts or small accounts just to save a few bucks. In OTC, the cheaper the price, the greater the risk behind it.
Third, operational details determine your level of safety. Large amounts of capital must be operated in batches; don’t transfer everything at once. Try to operate during the day when there are many people around, rather than sneaking around in the middle of the night. After the money arrives, don’t rush to transfer it; keep it in the card for two or three days to observe the situation. When transferring, be sure to clearly state a reasonable purpose in the remarks, such as payment for goods, service fees, etc.
These are not advanced techniques but rather practical common sense for avoiding pitfalls. In the cryptocurrency world, being able to make money shows you have skill, but being able to withdraw money safely is real expertise. Many people can survive in the market but end up getting caught in the last step of withdrawal, landing themselves directly on the risk control 'blacklist'.
Trading tests your understanding of the market; while withdrawing tests your attention to detail. I have clearly shared these experiences with everyone; whether you can avoid these pitfalls depends on whether you are willing to take these seemingly trivial matters seriously.
For the next layout strategy, I will take my loyal followers to target the opportunities of counterfeit and exorbitant profits, aiming to double the investment, and enter the chat room together to strategize.