Brothers! How to safely cash out 5 million in the cryptocurrency world? How to safely withdraw money. The withdrawal phase is more dangerous than trading: cards can be frozen, money can be scammed, and even personal risks!
Remember these methods to help you withdraw safely.
1. First principle: Compliance first.
Any "shortcut to cash" or "offline private transfer" may violate the law or make you a part of a scam/money laundering chain. Put legality and compliance first.
2. The safest path: Compliant exchanges → Your real-name bank account.
Sell USDT at licensed exchanges with fiat channels and then withdraw to your real-name bank account. Advantages: clear evidence chain, lowest risk.
3. C2C can be used, but must be very cautious.
Only trade within the platform, choose sellers that are "well-established, high transaction volume, and long-term active"; never transfer privately, never meet offline, never settle through WeChat/Alipay privately.
4. Keep a good evidence chain: save screenshots of every transaction.
Save orders, txid, exchange transaction records, and bank receipts. When issues arise, you need a chain of evidence that can explain the source of the funds.
5. Tax and compliance consulting must be done in advance!
Consult an accountant or lawyer before withdrawing money. Reasonable declaration and paying taxes according to local regulations is much cheaper than being fined or frozen later.
6. Overseas channels = optional but must be compliant.
If using overseas exchanges + overseas cards, be sure that both accounts have completed KYC, can explain the source of funds, and comply with local laws. Don't mistake "convenience" for "safety."
7. Things you must never do.
Don't carry large amounts of cash across borders; don't trust Telegram private chats with "money exchange experts"; don't mix payment cards with living expenses cards; these actions can have consequences a thousand times worse than transaction fees.
8. What to do if risk control/freeze occurs?
Stay calm: contact exchange customer service, retain trading evidence, prepare KYC supplementary documents, and consult a compliance lawyer as soon as possible. Don't rush to seek help from strangers in private domains.
9. A true winner is not the one who makes the most, but the one who can cash out cleanly and safely.
Withdrawing money is a matter of life and death: compliance, batching, keeping evidence, consulting professionals. Save this tweet and forward it to that friend who "just wants to cash out."
