Why is the cryptocurrency market so quiet this year?

There is no other reason; it’s simply because buying and selling USDT is under strict control, making it difficult to deposit and withdraw funds. Buying is troublesome, and selling is also troublesome.

Anti-fraud measures are not only monitored from the app side but also from Alipay, WeChat, and bank card ports, which seem to completely block virtual currency.

Now, virtual currencies are completely mixed with the black and gray industrial chain, making it impossible to distinguish them. If you buy or sell USDT, you will definitely be investigated.

Who knows what you bought it for? Whether it's to buy virtual currency, engage in online gambling, commit fraud, or something else...

I have been visited by the police twice this year after buying USDT; you can imagine how annoying that is. The anti-fraud side is even more aggressive; when they call, it feels like they are just about to scold you directly. Why is the cryptocurrency market so quiet this year?

There is no other reason; it’s simply because buying and selling USDT is under strict control, making it difficult to deposit and withdraw funds. Buying is troublesome, and selling is also troublesome.

Anti-fraud measures are not only monitored from the app side but also from Alipay, WeChat, and bank card ports, which seem to completely block virtual currency.

Now, virtual currencies are completely mixed with the black and gray industrial chain, making it impossible to distinguish them. If you buy or sell USDT, you will definitely be investigated.

Who knows what you bought it for? Whether it's to buy virtual currency, engage in online gambling, commit fraud, or something else...

I have been visited by the police twice this year after buying USDT; you can imagine how annoying that is. The anti-fraud side is even more aggressive; when they call, it feels like they are just about to scold you directly. $BTC $ETH