Made some virtual currency profits and want to cash out completely. There’s actually a lot of knowledge involved in withdrawing funds. Many people think that finding a buyer to cash out is enough, but as a result, their bank cards are almost always frozen. Once the bank card is frozen, unfreezing it becomes troublesome—public security authorities will ask you to prove your innocence and provide evidence to verify the authenticity of the transaction.

To avoid this trouble, you need to do some homework before withdrawing funds. First, have a basic understanding of your trading counterpart. This isn’t like buying or selling goods; you need to fulfill reasonable due diligence. Before the transaction, check the other party’s account information and bank transaction history. If the source of funds is unclear, you should refuse the deal. Sometimes, in pursuit of higher profits, people accept any buyer, but this mindset can easily lead to losses.

Second, keep a complete record of the entire chat history during the transaction, as it is key evidence to reconstruct the transaction process. Also, remember to take screenshots of the order details on the exchange for backup. This is especially important—most exchanges only retain transaction order records for 6 months, and after that, they cannot be retrieved. When you need to prove the legality of your transaction, without these screenshots, you’ll be at a disadvantage.

In summary, doing these basic steps thoroughly will give you peace of mind when withdrawing funds. Ignoring them could lead to your bank card being frozen or money not being credited; more serious issues could involve legal complications. So don’t consider it a hassle—prepare your chain of evidence in advance. That’s the smart approach.