A few days ago in the early morning, a brother who has been with me for more than a year suddenly bombarded me with a screen full of voice messages, his voice trembling:
"Sister! I just finished your order, converted 700,000 USDT into my card, and in just two hours, I was directly frozen by the bank 'non-counter'!"
The money is in the card, not a cent can be moved, even checking the balance requires multiple layers of verification.
He said he stared at the mobile banking app for half an hour, the numbers were still there, but his heart was completely cold. After all, this money was earned after countless nights of monitoring the market; it wasn't lost in the market fluctuations, but rather stuck in the 'final step of withdrawal.' This gap is more distressing than losing money.
In fact, many people enter the cryptocurrency world only focusing on the rise and fall of the K-line, believing that as long as they can withstand market fluctuations, everything will be fine, but they forget that worse than losing money in the market is — the money has been earned but cannot be withdrawn. The core issue is 'funding pollution': for example, if someone uses dirty money from scams or money laundering to buy USDT, this money goes through several rounds before it reaches you, appearing to be a normal transaction on the surface. However, once the upstream sources get exposed, all accounts in the entire funding chain will be frozen.
But everyone, don't panic; freezing doesn't mean illegal. As long as you can provide OTC transaction screenshots, chat records with the counterparty, and transfer vouchers, 90% of accounts can be unfrozen. However, this process requires running to the bank and connecting with the police, taking at least a few weeks to several months, consuming energy and causing stress, which is far worse than preventing it in advance.
Here are three practical suggestions:
1. Open a separate 'cryptocurrency-specific card': specifically for OTC transactions, do not mix with salary cards or daily spending cards to avoid affecting living expenses during a freeze;
2. Choose the right trading partner: prioritize established merchants with high reputation scores and trading records of over a year. Don't be greedy for a few cents in price differences by looking for new accounts; the risk is not worth it;
3. Don't be careless with details: transfer large amounts in batches, try to operate during the day (as banks have clearer risk control during the day), observe for three days after the funds arrive, and write reasonable purposes such as 'goods payment' or 'technical consulting fee' in the transfer remarks.
Being able to make money in the cryptocurrency world is a skill, but being able to safely pocket the money is true ability. Don't wait until funds are frozen to think about remedies; preparing these details in advance is better than anything else.
Someone asked me if I was willing to take on newcomers, and I always say: my light is always on, those who are willing to walk towards the light and learn earnestly will naturally see it.
