Is it feasible to withdraw money from the cryptocurrency circle through payment? In response to the withdrawal issue that many fans are concerned about, I will give you a detailed answer today.

First of all, regarding the question of whether cryptocurrency speculation and U selling are illegal, for individuals, cryptocurrency speculation and U selling themselves do not constitute illegal acts. But it should be noted that all financial activities should follow the principle of legality and compliance.

For the often heard situation of "selling U being pressed", this is usually because retail investors did not follow the formal process and channels during the transaction, or were related to illegal funds. Just make sure you do not receive any illegal funds, such as those from telecommunications fraud, and you will not be involved.

Regarding whether cryptocurrency speculation is illegal, it depends on the specific transaction behavior and regional regulations. Virtual currency itself does not directly constitute a criminal offense, but certain activities related to virtual currency, such as illegal financial activities, may be subject to legal sanctions.

Last year, the notice issued by the central bank and ten other departments clearly stated that behaviors involving the exchange of legal currency and virtual currency, transactions between virtual currencies, etc., if generated by institutions or businesses, will be regarded as illegal financial activities. However, the personal investment behavior of ordinary retail investors is usually not regarded as illegal as long as they abide by public order and good customs.

So, in what situations may retail investors face risks? If you open a studio to trade in cryptocurrencies, trade full-time and make a living from it, or your bank card is frozen due to frequent and large transactions, these may involve legal risks.

For retail investors who occasionally need to sell U, here are some suggestions to avoid risks:

1. Do not sell U directly on the exchange, and find a reliable over-the-counter trading method.

2. Before making large transactions, avoid tentative transactions to avoid triggering the bank's risk control system.

3. When selling U, pay attention to the actual price rather than the exchange rate linked to foreign exchange.

4. Only trade with real-name trading parties whose identities and contact information are known, and avoid trading with strangers.

5. If conditions permit, sign a contract with the trading party to ensure the rights and interests of both parties.

6. Choose a reputable over-the-counter trader and avoid trading on small or wild platforms.

7. Do not participate in any form of brushing orders, likes, etc., and do not disclose personal bank card information to strangers or unfamiliar platforms.

In short, although cryptocurrency speculation and U selling are generally not illegal in themselves, we must remain vigilant to ensure that our trading behavior is legal and compliant and avoid any connection with any illegal activities.