Someone told me that i could transfer USDC or USDT to people in countries where they cannot buy and earn the difference.
That would be a on-chain withdrawal procedure.
As far as i can read, if i send any usdc that way, i wont see them again. Is that correct?
Posted by RaiderJohn1212
2 Comments
Wut. Are you talking about sending usdc to random people or people that message you on social media or family/friends?
As a general rule never send first. Always insist your counterparty sends first if they want to do some kind of otc (over the counter) deal like this.
The general rule is: sending people money generally means you won’t see them again