Many people are asking me about this. Now, some people are buying and selling USDT on the platform, then asking you to add them on WeChat. After you add them, they will send you the image below. Using OTC to attract traffic and exploit others is simply shameful.

Can major exchanges do something about this and prohibit adding WeChat? Many have been scammed this way.

Isn't it just waiting to die for newcomers to engage in OTC? Simply put, today Binance's buy price is 7.26, and the sell price is 7.28. Retail investors can make money buying and selling, but what do merchants earn? Entering the market now, you can't make money, and you are always at risk of judicial freezing.

Surely someone will argue and ask why I can still operate?

First of all:

1: I have been a merchant for 7 years, and I have clean funds.

2: I have a large number of loyal customers accumulated.

3: Those who follow me know that my industry knowledge is incredibly strong.

4: I also have an IP.

I sincerely believe that using OTC to attract those who don't understand will make them think that these are official personnel from the exchange (after all, I used to think that way a long time ago), and they will think it's impressive.

Now, what newcomers can do in OTC, I will say it directly, there is not much risk, just below 3000, doing small amounts, each user can only trade once every six months, and for cash flow issues, use an individual collection code… B can't make money, and it's exhausting like a dog.

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