"Deposit and Withdrawal Science Popularization: How to Choose a Compliance Platform, and How to View KYC and Taxation" (Author FinTax) Investors setting up accounts on a compliance platform and conducting withdrawal operations inevitably need to undergo platform KYC verification and wait for a certain review period. Although this brings some inconvenience to investors, it can also be seen as a mutual compromise between the overall security of the platform and the convenience of the user, with long-term benefits outweighing the drawbacks; KOLs guarantee deposits and withdrawals based on their own reputation and word of mouth, lacking third-party supervision. When investors transfer encryption assets from their Wallets to KOL Wallets, they can only rely on KOLs to remit fiat based on credit; Web3 investors should also retain as many proof documents and transaction records related to Web3 earnings and losses as possible to respond to potential inquiries from tax authorities. Read the full article: