How do you find a reliable OTC merchant to cash out your crypto? Here’s the method I’ve used more than 100 times.
A lot of people make money on-chain, only to get stuck when it’s time to cash out. The biggest fear is receiving money from an unknown source and having your bank card frozen as a result.
I’ve cashed out through exchanges more than 100 times and haven’t had my card frozen so far. I mainly stick to these four criteria when choosing a merchant:
1. The merchant has at least 100,000 USDT in escrow. The more funds they have in escrow, the better. This helps weed out some less capable merchants.
2. The higher their trading volume over the past month, the better. Prioritize merchants who have been active over the long term and have a genuine trading history.
3. They’ve been registered for more than three years. Whenever possible, choose established merchants with a long track record.
4. They have at least 30,000 completed orders historically. A more extensive order history makes it easier to assess how stable their business is.
These are the criteria I’ve consistently used myself; they’re by no means an absolute guarantee of safety.
Keep in mind that even a merchant with a large escrow balance and lots of completed orders can’t prove that every payment comes from a legitimate source.
So, in addition to screening merchants, I also try to verify that the account names match, communicate through the platform, keep complete records, and never accept payments from unknown third parties.
The worst thing in crypto is to work hard to make tens of thousands, then have your bank card frozen just because you wanted to earn a little more from the exchange rate when cashing out.
It’s better to cash out slowly than to chase a small bargain.
Making money in crypto is hard enough. Money you’ve worked so hard to earn only counts as truly yours once you’ve safely cashed it out.
#btc #国务院提出建设国家区块链网络
A lot of people make money on-chain, only to get stuck when it’s time to cash out. The biggest fear is receiving money from an unknown source and having your bank card frozen as a result.
I’ve cashed out through exchanges more than 100 times and haven’t had my card frozen so far. I mainly stick to these four criteria when choosing a merchant:
1. The merchant has at least 100,000 USDT in escrow. The more funds they have in escrow, the better. This helps weed out some less capable merchants.
2. The higher their trading volume over the past month, the better. Prioritize merchants who have been active over the long term and have a genuine trading history.
3. They’ve been registered for more than three years. Whenever possible, choose established merchants with a long track record.
4. They have at least 30,000 completed orders historically. A more extensive order history makes it easier to assess how stable their business is.
These are the criteria I’ve consistently used myself; they’re by no means an absolute guarantee of safety.
Keep in mind that even a merchant with a large escrow balance and lots of completed orders can’t prove that every payment comes from a legitimate source.
So, in addition to screening merchants, I also try to verify that the account names match, communicate through the platform, keep complete records, and never accept payments from unknown third parties.
The worst thing in crypto is to work hard to make tens of thousands, then have your bank card frozen just because you wanted to earn a little more from the exchange rate when cashing out.
It’s better to cash out slowly than to chase a small bargain.
Making money in crypto is hard enough. Money you’ve worked so hard to earn only counts as truly yours once you’ve safely cashed it out.
#btc #国务院提出建设国家区块链网络