Many newcomers fall into traps right after withdrawing: ‼️
Either the bank card gets frozen, or they encounter scams and lose money, and some even fear offline transactions!
Today, I will share 3 reliable withdrawal methods as someone who has been through it, all practical tips that newcomers can understand～
If it's convenient to go to Hong Kong, find a local legitimate money exchange to convert U to Hong Kong dollars or RMB, but don't be greedy and exchange too much at once!
Make several small transactions, keeping each amount within a safe range, especially don't bring a large stack of cash across the border — customs will definitely check, staying low-key is safer.
I highly recommend using an overseas bank card, this is the way I've found to have the lowest risk, but be sure to apply in advance!
For example, banks like ZhongAn Bank in Hong Kong, or banks in Singapore or the United States that support cryptocurrency payments, you can't proceed without a card, and you need to confirm the account status is normal.
The steps are very simple: first transfer U from Binance to foreign exchanges like Kraken, convert it to USD, and then withdraw to an overseas card.
Remember to compare exchange rates and fees carefully, don’t think that if it's over 1 million it doesn't matter; deductions can lead to losing thousands, so don’t be careless with the details.
Be more cautious with the commonly used Binance C2C trading! Open the APP, enter the C2C section, and place an order to sell U. Certified merchants will buy with RMB, and the money will be completed once it arrives at the bound bank card, but the traps are here:
When selecting merchants, prioritize those registered for over 2 years, with stable and high trading volumes; avoid those with fluctuating transactions or low volume;
Absolutely don’t engage in offline transactions (some have been robbed of U after meeting), don’t secretly use other platforms (no platform guarantees, the other party receives U without transferring money or transfers dirty money and freezes your card), trading in Telegram groups is even more of a scam nest, never trust it!
Remember, the core of withdrawal is "safety first"; don’t be greedy for speed or convenience. It’s normal to feel anxious during the first operation, slowly verify the steps, and only when the money is securely in hand can it be considered really earned～
If you are also tech-savvy, you might as well follow Sister Ting, you will gain more.
