In the bull run of the Crypto Assets market, many investors have gained considerable profits. However, how to safely and effectively convert these digital assets into fiat has become the focus of many people's attention. This article will provide you with a detailed analysis of the core knowledge of OTC Trading, helping you to safely convert between USDT and fiat.



First, we need to understand that OTC Trading is essentially a direct buying and selling of USDT between individuals. While this trading method is flexible, it also carries certain risks, so it is crucial to understand the relevant precautions.

When purchasing USDT, investors should pay attention to the following points to ensure the smooth progress of the transaction:
1. Choose a reputable trading platform
2. Ensure that your bank account is in good standing to avoid being rejected by merchants due to liquidity issues.
3. Understand and comply with relevant laws and regulations

When you need to convert USDT to fiat, the following aspects are worth following:
1. How to avoid triggering bank risk control when making large conversions
2. Is small amount conversion safer?
3. The Pros and Cons of Offline Cash Transactions
4. Comparison of the security of different payment methods (such as WeChat, Alipay)
5. Comparison of Withdrawal Security Among Major Exchanges

In addition, many investors are also concerned about the safety of funds after withdrawal. For example, does repaying credit cards immediately after withdrawal or purchasing financial products improve security? How long should funds be kept in a bank account to ensure absolute safety? Which is better, using the four major banks or local banks? These questions require careful consideration.

It is worth mentioning that a so-called "U card" has recently appeared in the market, claiming to be able to prevent accounts from being frozen. However, we need to approach such claims with caution and gain a deeper understanding of the principles behind them and the potential risks involved.

Overall, when converting USDT to fiat, we need to comprehensively consider various factors, including but not limited to trading security, capital liquidity, legal compliance, and more. Only by fully understanding relevant knowledge can we better protect our asset security in the Crypto Assets market.
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