Recently, I’ve seen quite a few people spreading panic about cashing out, saying things like withdrawals will definitely get your card frozen, or that USDT can’t be redeemed… Honestly, it’s a bit funny.

It’s almost 2026 now, and the policies in Hong Kong are actually pretty clear. As long as your USDT source is clean, you can totally consider using Hong Kong’s offline channels—there are licensed OTC trading points there. You transfer your USDT, they give you cash directly, and then you take the money to open an account at Bank of China Hong Kong ( opening a card is free ) and deposit the money. The chance of receiving dirty money this way is almost zero, and round-trip airfare is only a couple thousand RMB. Compared to the risk of having your card frozen, this cost is really nothing.

Over the years in this space, my annual cash-out volume has been over 70 million, and I’ve learned from plenty of pitfalls and experiences. Today, I’ll systematically talk about where the risks are when cashing out large amounts in crypto, and how to operate to avoid banking risk controls.

**Let’s talk about small cash-outs first** ( amounts from a few thousand to tens of thousands ):

Pick a leading platform, don’t touch those unknown small exchanges. Skip WeChat Pay and Alipay, and don’t use big bank cards either—get a savings card from a local small bank, use it exclusively for deposits and withdrawals, and keep it separate from your everyday spending account.

Don’t get greedy with single transaction amounts—a few thousand RMB at a time is just right. When cashing out, use the platform’s vetted merchants or guaranteed channels. Ideally, choose merchants who have been registered for over a year and have hundreds of transactions monthly. For future trades, you can prioritize those you’ve worked with before, but don’t put all your eggs in one basket—using 2-3 merchants is enough.

**Now for large cash-outs** ( tens of thousands and above ):

You can’t just go at this recklessly—you need to design a path. A mature solution looks like this—

Withdraw from a compliant exchange ( like Kraken ) to a licensed financial institution ( such as iFAST ), then transfer to a Hong Kong brokerage account ( like FSM One HK ), and finally land the funds in Bank of China Hong Kong or other local Hong Kong banks. Every step of this chain has compliance backing and won’t trigger anti-money laundering alerts at mainland banks.

The core logic is this: **Don’t let large amounts of funds hit a mainland bank card directly—layering and compliance channels are key**. There may be some fees, but compared to the hassle and time cost of unfreezing a frozen card, it’s totally worth it.

Withdrawing funds isn’t that mysterious, but you definitely can’t be careless either. If you do it right, the risks are naturally manageable.