In the bull market of 2024, many old friends will make a lot of money
Compared to the continuous recharge in the bear market, which will result in the reverse freezing of deposits, the safety of withdrawing funds without freezing cards in the bull market has become the primary consideration for most leeks. After all, it is not easy to earn some money, and if the withdrawal is frozen.
If your money is deducted, it will be a loss! As an old investor who has experienced three cycles in the cryptocurrency industry, here are some suggestions:
Use traditional OTC deposits and withdrawals from the exchange
1. Try to choose a big platform. Binance is the first choice, followed by okx. These two are currently the most powerful exchanges in the currency circle. Big exchanges will be slightly better. Secondly, choose Aegis merchants on Binance. Those with frozen compensation will be better than Ordinary merchants are better, after all they have paid a deposit
2. On the buy page in the self-selected area, do not choose the seller who is listed as Buy 1. You can choose the price of Buy 2 or Buy 3 appropriately. Although the price is a little more expensive, it will be safer. The reason is that the merchant needs to ensure a suitable profit (1-2 points of price difference) to continue to operate. Sometimes the price of "Buy 1" is lower than that of "Sell 1", which is equivalent to the merchant receiving the goods at a high price and selling them at a low price. Do you think it is reasonable? (The same applies to withdrawal)
3. When selecting a merchant, try to choose one with a long registration time (preferably more than 2 years), whose bank card account name is consistent with the real name certified by the exchange, and whose total number of transactions is as high as possible.
4. Before the transaction, read the merchant's text description and specific requirements, such as the need to provide some bank statements, transaction records, etc., to see if you can meet them. In order to avoid wasting each other's time. Any communication should be completed on the platform as much as possible.
Withdraw via U card
Currently, there are not many U-cards that can be applied for by mainland users. The previous Lithuanian UnionCash (also called PayTend) was fined and ordered not to be used by mainland users because it was over-promoted in the mainland, so it has become a swan song. There were many people promoting this kind of card on Zhihu before, but now they have disappeared.
The second is UnionPay U-card. Currently, UnionPay U-cards no longer accept recharges, and the only ones are about to suspend recharges. After all, UnionPay belongs to mainland China, and it is understandable that they do not allow the development of U-cards. Therefore, UnionPay U-cards will gradually fade out of the market. If you are still using it, please switch to LetsPay or Muse as soon as possible.
Currently, the only two platforms that can still be used by mainland users to apply for ID cards and are safe and reliable are letspay and muse. The former is in Hong Kong and the latter is in Singapore. Please use them carefully and cherish them.
The summary is:
Safe deposit and withdrawal is of utmost importance.
When using an exchange OTC, you should choose a large platform such as Binance, avoid buying and selling at the lowest price, select experienced merchants, ensure consistency of account names, read transaction requirements carefully, communicate transparently, and choose one-way transaction merchants. These are all wise moves to ensure the safety of funds.
When using a u-card, you should first consider the background and security of the platform, followed by the rate limit and application scenarios. Only the longer it lasts can you use it for a long time, otherwise everything else is out of the question.
Safety first, and cautious operation are the only way to achieve long-term development in the cryptocurrency circle.
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