There is such a group of OTC merchants in the market who will release frozen cards for you all the time, causing you to worry about card closures. Their purpose is very clear, allowing you to find them to cash in. The profit is probably about 5% (the profit of U merchants on exchanges is 0.5%), or to promote What they call cards, wallets... everything is just business. So what to do? How can retail investors withdraw funds safely?

1. Why is the card frozen and how to solve it?

Bank freeze, judicial freeze

The former is because your card use triggers the bank's internal risk control, causing the bank to freeze. In this case, the bank will generally unfreeze it automatically after 3 days. Some banks require you to go to the counter to unfreeze. It's okay, just go. If someone asks, the other party will ask. Your own source of funds? To put it bluntly, investment income is enough.

The latter judicial freeze is due to the fact that many people have engaged in asset fraud in recent years. Funds from illegal sources are used to make money through OTC. In this case, it is generally frozen. You only need to cooperate with your uncle's investigation. Generally, it cannot be unfrozen. Unless...you know. Of course, there are many shady people online, so protect your assets.

2. So how to choose reliable merchants and standardize operations on the platform?

1. Find a PRO merchant

2. Merchants with large transaction volume and high transaction rate

3. Large amount and small amount

4. Use commonly used cards with high turnover to collect payments.

5. Out during working hours during the day

Don’t panic when you encounter a frozen card. Call, leave evidence, and find the platform to figure out what to do. Don't worry, there are not many frozen cards on the market, are you worried? It's just that some people are releasing their anxiety and promoting business... To ensure safety, why not form a group to go overseas when the bull market arrives?

(If you have large funds, just apply for a foreign card, exchange it into local legal currency, and exchange it back)

3. A few important things to note

1. Don’t join U merchants in private. Many U merchants are scammers, deceiving people and playing short-term tricks.

2. Be sure to follow the platform and don’t be fooled by other people’s tricks.