When it comes to withdrawing popular cryptocurrencies like BTC, AAVE, and FIL, many people are debating what is the most secure method. The official withdrawal channel of a major exchange uses bank transfers through a physical bank in Bahrain, which generally takes 3 days to arrive, but you have to bear the exchange rate difference loss, and each transaction is limited to around 6.6k. It seems a bit unprofitable, but there is a benefit — you don't have to worry about receiving problematic funds through OTC trading, and a frozen card would be a real hassle. This is a trade-off: sacrificing some exchange rate and limit to gain peace of mind in risk control. Different people have different preferences, depending on how you view this calculation.
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GasFeeCrying
· 7h ago
Sigh, a limit of 6.6k is really tight, losing on the exchange rate is also a loss, but thinking about the card freeze issue, maybe forget it.
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PretendingToReadDocs
· 7h ago
The 6.6k limit is really impressive. Still have to wait 3 days, and the exchange rate is also unfavorable... Forget it, better to go with the official and safer option.
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ForumLurker
· 7h ago
6.6k cap? Still got to suffer the exchange rate, this deal is a bit of a loss.
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GasFeeCrier
· 7h ago
A limit of 6.6k is really outrageous, and you still get cut by the exchange rate. Off-market trading is attractive, but the risks are also really high.
When it comes to withdrawing popular cryptocurrencies like BTC, AAVE, and FIL, many people are debating what is the most secure method. The official withdrawal channel of a major exchange uses bank transfers through a physical bank in Bahrain, which generally takes 3 days to arrive, but you have to bear the exchange rate difference loss, and each transaction is limited to around 6.6k. It seems a bit unprofitable, but there is a benefit — you don't have to worry about receiving problematic funds through OTC trading, and a frozen card would be a real hassle. This is a trade-off: sacrificing some exchange rate and limit to gain peace of mind in risk control. Different people have different preferences, depending on how you view this calculation.