Cryptocurrency Withdrawal Channels and Risk Warning — Practical Guide
Preferred Channel: Alipay / WeChat Payment
Choosing Alipay or WeChat as a payment method is crucial because they have a 'source risk control mechanism.' As third-party payment platforms, they conduct strict audits on the party initiating RMB payments — including transaction background, account flow, large transaction behavior, etc. If there are abnormalities in the payment account, the transaction may be directly intercepted, blocking 'dirty money' from entering your account from the source.
Before the transaction, it is essential to verify the other party's real-name verification information to ensure it completely matches the trading counterpart and the platform's KYC information. If any discrepancies are found, the transaction should be immediately halted. This is both your obligation to review funds and an important defense against legal and compliance risks.
Secondary Channel: Bank Card Payment
If you cannot use Alipay/WeChat and must rely on bank card payment, caution is still necessary — banks typically adopt a 'receive first, review later' logic during transactions. This means you may receive funds first, and only later does the bank discover issues with their source.
Once the funds are determined to involve illegal transactions or fraud, as the payee, you may be held responsible for 'concealing or disguising criminal proceeds' or 'aiding the transfer of criminal proceeds,' needing to return the full amount and possibly facing legal accountability.
If you must use bank card payment,
You must retain complete transaction proof, transfer records, recipient identity information, etc.
Strictly verify the other party's identity.
Avoid receiving large amounts of money; these are the basic operational norms to minimize legal risks when you cannot avoid bank channels.
Avoid Cash Transactions at All Costs
Cash transactions are considered a high-risk area for USDT withdrawals. Because cash cannot be traced back to its source, you also cannot prove that the money is legal.
From a legal standpoint, cash transactions can easily be deemed as 'failure to perform fund review obligations.' If problems arise, the likelihood of being found 'knowing or should have known that the source of funds is illegal' is very high, and you may violate charges such as 'aiding the transfer of criminal proceeds' or 'concealing or disguising criminal proceeds.'
Many times, so-called buyers may themselves be victims of fraud, and although you may not be at fault, you could ultimately bear the legal responsibility, resulting in a loss that outweighs the gains.
Therefore, under no circumstances should cash transactions be used.