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The development of the Crypto Assets field is changing rapidly, but the accompanying security risks cannot be ignored. Over the past 18 months, I have summarized a set of core strategies to drop withdrawal risks through personal experience, hoping to provide beneficial references for all investors.
The primary principle is to carefully select trading platforms. Give priority to exchanges that have both US MSB and EU VASP dual licenses, as these platforms are usually more regulated and reliable. When choosing merchants, it is advisable to pay attention to factors such as their operational duration, trading volume, and user reviews. One should avoid unlicensed small platforms, as well as high-risk operations such as large transactions at midnight and private transfers.
Secondly, it is crucial to adopt a decentralized strategy. It is recommended to keep the amount of each transaction below one-fifth of the average daily flow of your personal bank card, and to maintain an operation frequency of once or twice a week with an interval of more than 48 hours. Be cautious of behaviors that may trigger risk control, such as frequent large transfers in a short period or intensive operations during holidays.
Finally, asset hierarchical management is also essential. Most assets should be stored in offline hardware wallets, with only a small amount of funds for daily use kept in hot wallets. A multi-signature mechanism can further enhance security, ensuring that even if some private keys are leaked, the funds remain protected. Moreover, it is also wise to open a bank card specifically for Crypto Assets trading, managed separately from the account used for daily transactions.
By following these principles, potential risks in the withdrawal process of Crypto Assets can be effectively dropped. However, the market environment is ever-changing, and investors must remain vigilant, keeping an eye on industry trends and adjusting their strategies in a timely manner.