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BiyaPay

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BiyaPay: Empowering Global Payments Cross-border payments, connecting global dreams. BiyaPay is a leading fintech platform providing secure, fast, and low-cost solutions for users worldwide. E-commerce Breakthrough Southeast Asian e-commerce entrepreneur Anna has long struggled with the high costs of bank transfers. High fees, fluctuating exchange rates, and 3-5 days of delays have hindered her supply chain. A colleague recommended BiyaPay. Anna found the application very intuitive and quickly registered an account. She exchanged USDT for euros for a German supplier, enjoying transparent exchange rates, a 1% fee (while banks charge $5-10), and funds arriving within 4 hours. Now, BiyaPay supports her payments to North America and Asia, improving efficiency and doubling her order volume within months. "BiyaPay is the rocket fuel for my business!" Anna said. Advantages of BiyaPay BiyaPay supports over 100 countries and regions with more than 100 currencies, with fees as low as 1%. It allows seamless conversion of over 200 cryptocurrencies into more than 20 fiat currencies, such as converting Bitcoin to euros, making it ideal for e-commerce and investment. Its U.S./Hong Kong stock financing services streamline the transaction process in markets like Apple or emerging enterprises in Hong Kong. Security and Innovation BiyaPay holds MSB licenses in the U.S. and Canada and operates in Singapore and Hong Kong, ensuring compliance. AES/RSA encryption technology protects fund security, while blockchain technology reduces costs and increases transparency. Seizing Digital Trends With the booming growth of cryptocurrencies and e-commerce, BiyaPay provides fiat and cryptocurrency solutions to help users like Anna thrive. Addressing Real Needs BiyaPay helps entrepreneurs transfer money quickly, assists cryptocurrency users in secure exchanges, and enables investors to access funding seamlessly, unleashing global potential. BiyaPay helps you succeed with your smartphone. Join now, let the funds flow, and pursue global dreams! #biyapay
BiyaPay: Empowering Global Payments
Cross-border payments, connecting global dreams. BiyaPay is a leading fintech platform providing secure, fast, and low-cost solutions for users worldwide.
E-commerce Breakthrough
Southeast Asian e-commerce entrepreneur Anna has long struggled with the high costs of bank transfers. High fees, fluctuating exchange rates, and 3-5 days of delays have hindered her supply chain. A colleague recommended BiyaPay. Anna found the application very intuitive and quickly registered an account. She exchanged USDT for euros for a German supplier, enjoying transparent exchange rates, a 1% fee (while banks charge $5-10), and funds arriving within 4 hours. Now, BiyaPay supports her payments to North America and Asia, improving efficiency and doubling her order volume within months. "BiyaPay is the rocket fuel for my business!" Anna said.
Advantages of BiyaPay
BiyaPay supports over 100 countries and regions with more than 100 currencies, with fees as low as 1%. It allows seamless conversion of over 200 cryptocurrencies into more than 20 fiat currencies, such as converting Bitcoin to euros, making it ideal for e-commerce and investment. Its U.S./Hong Kong stock financing services streamline the transaction process in markets like Apple or emerging enterprises in Hong Kong.
Security and Innovation
BiyaPay holds MSB licenses in the U.S. and Canada and operates in Singapore and Hong Kong, ensuring compliance. AES/RSA encryption technology protects fund security, while blockchain technology reduces costs and increases transparency.
Seizing Digital Trends
With the booming growth of cryptocurrencies and e-commerce, BiyaPay provides fiat and cryptocurrency solutions to help users like Anna thrive.
Addressing Real Needs
BiyaPay helps entrepreneurs transfer money quickly, assists cryptocurrency users in secure exchanges, and enables investors to access funding seamlessly, unleashing global potential.
BiyaPay helps you succeed with your smartphone. Join now, let the funds flow, and pursue global dreams!
#biyapay
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The emergence of U is indeed unpredictable, especially for traders, freelancers, gold farmers, or users who earn USDT by participating in Web3 projects on the mainland. Converting U into RMB is always a sensitive, hidden, and uncertain process. There are many common practices: - Finding a trusted intermediary for transfer → High risk - Using OTC platforms, but with price discrepancies + slow transactions, and often freezing issues - Registering a small merchant account by yourself, but prone to risk control and card freezing - Collecting payments privately through WeChat/Alipay, and larger amounts attract scrutiny The biggest problem with these methods is not the technical threshold, but the extreme reliance on trust, and the collection side often encounters issues: Funds transferred using problematic sources → Card frozen Single transaction amount too large → Risk control by the bank Frequent collections → Restrictions or blacklisting by the platform Being the 'recipient' → Implicitly leaving identity traces, leading to endless troubles What #biyapay solves is this issue: it is neither a wallet, nor an exchange, nor a Web3 concept platform, but a service focused on providing users with a stablecoin collection intermediary. In other words, it allows you to no longer expose your account, nor to look for intermediaries every time, but to collect and convert U through a 'dedicated channel' in a stable and secure manner without card explosion. User accounts are less likely to attract risk control attention, and those receiving U do not have to bear the risk of 'being contaminated by trading counterparts.' The whole process for end users feels like a combination of 'stablecoin transfer + collection code.' The focus is not on 'making quick money' but on 'stable income.' Biyapay's core advantage is not in speculating concepts or competing on interest rates, but in turning stablecoins into a 'safe and universal payment method' while protecting users' identity and account security as much as possible. In summary: Biyapay truly addresses a very old but unresolved core issue in the crypto space. At least for now, it is a rare set of on-chain collection tools that does not focus on gimmicks but on practicality.
The emergence of U is indeed unpredictable, especially for traders, freelancers, gold farmers, or users who earn USDT by participating in Web3 projects on the mainland. Converting U into RMB is always a sensitive, hidden, and uncertain process.

There are many common practices:
- Finding a trusted intermediary for transfer → High risk
- Using OTC platforms, but with price discrepancies + slow transactions, and often freezing issues
- Registering a small merchant account by yourself, but prone to risk control and card freezing
- Collecting payments privately through WeChat/Alipay, and larger amounts attract scrutiny

The biggest problem with these methods is not the technical threshold, but the extreme reliance on trust, and the collection side often encounters issues:
Funds transferred using problematic sources → Card frozen
Single transaction amount too large → Risk control by the bank
Frequent collections → Restrictions or blacklisting by the platform
Being the 'recipient' → Implicitly leaving identity traces, leading to endless troubles

What #biyapay solves is this issue: it is neither a wallet, nor an exchange, nor a Web3 concept platform, but a service focused on providing users with a stablecoin collection intermediary.

In other words, it allows you to no longer expose your account, nor to look for intermediaries every time, but to collect and convert U through a 'dedicated channel' in a stable and secure manner without card explosion.

User accounts are less likely to attract risk control attention, and those receiving U do not have to bear the risk of 'being contaminated by trading counterparts.' The whole process for end users feels like a combination of 'stablecoin transfer + collection code.' The focus is not on 'making quick money' but on 'stable income.' Biyapay's core advantage is not in speculating concepts or competing on interest rates, but in turning stablecoins into a 'safe and universal payment method' while protecting users' identity and account security as much as possible.

In summary: Biyapay truly addresses a very old but unresolved core issue in the crypto space. At least for now, it is a rare set of on-chain collection tools that does not focus on gimmicks but on practicality.
Daniele Parsell IFzq:
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BiyaPay: Your Global Asset AssistantFrom cross-border business to investment, BiyaPay makes the flow of funds smoother. You are an entrepreneur running an online store in Singapore, selling coffee beans to Europe and the US. Customers may pay in US dollars, euros, or even want to settle with USDT. In the past, using bank transfers was slow, with high fees, and poor exchange rates. Then you discovered BiyaPay, linked your bank card, and set up your account in minutes. USDT can be instantly converted to US dollars, euros can be directly converted to British pounds, and funds arrive on the same day with low fees that are comforting. BiyaPay is like a considerate financial assistant, helping you easily handle the multi-currency needs of the global market, saving you time and money.

BiyaPay: Your Global Asset Assistant

From cross-border business to investment, BiyaPay makes the flow of funds smoother.
You are an entrepreneur running an online store in Singapore, selling coffee beans to Europe and the US. Customers may pay in US dollars, euros, or even want to settle with USDT. In the past, using bank transfers was slow, with high fees, and poor exchange rates. Then you discovered BiyaPay, linked your bank card, and set up your account in minutes. USDT can be instantly converted to US dollars, euros can be directly converted to British pounds, and funds arrive on the same day with low fees that are comforting. BiyaPay is like a considerate financial assistant, helping you easily handle the multi-currency needs of the global market, saving you time and money.
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Recently, U is not enough, I need to stake on the chain, spend for new investments, and U for transactions. Of course, I put the bigger amount into #biyapay for wealth management, with compliant platforms offering stable returns of over 5%, comparable to US Treasury yields. Very appealing, steady returns. #CPI数据来袭
Recently, U is not enough, I need to stake on the chain, spend for new investments, and U for transactions. Of course, I put the bigger amount into #biyapay for wealth management, with compliant platforms offering stable returns of over 5%, comparable to US Treasury yields. Very appealing, steady returns. #CPI数据来袭
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Guide to Breaking the Funding Dilemma in the Crypto World: The Old Model is Causing You to Miss Opportunities! The crypto world is changing rapidly, and traditional OTC cash-out is slow, bank reviews are difficult, and USDT withdrawals are prone to card freezing, which have become the three major pain points for investors. By 2025, if you continue to use the old model, it's like riding a bicycle to catch a high-speed train, and you will inevitably be eliminated by the market. Today in the crypto world, efficient capital circulation is more crucial than profit. Market conditions change quickly, and a few days' settlement period is unbearable. BiyaPay is the tool to break this dilemma; it is a multi-asset trading wallet that can quickly exchange USDT 1:1 for USD, ensuring safety without the risk of card freezing; it supports remittances to accounts like Wise, with the fastest deposits into US stocks and Hong Kong stocks arriving on the same day; compliant operations also offer an annualized return of 5.48%+ in crypto-based financial management. Having personally experienced the dilemma of having my funds frozen for 5 days, using BiyaPay has made fund allocation efficient and smooth. In the crypto world, grasping the flow of capital is grasping wealth. Don’t let the old model hinder you; BiyaPay helps you seize the opportunity and sail towards the shores of wealth. #biyapay #出金
Guide to Breaking the Funding Dilemma in the Crypto World: The Old Model is Causing You to Miss Opportunities!
The crypto world is changing rapidly, and traditional OTC cash-out is slow, bank reviews are difficult, and USDT withdrawals are prone to card freezing, which have become the three major pain points for investors. By 2025, if you continue to use the old model, it's like riding a bicycle to catch a high-speed train, and you will inevitably be eliminated by the market.

Today in the crypto world, efficient capital circulation is more crucial than profit. Market conditions change quickly, and a few days' settlement period is unbearable. BiyaPay is the tool to break this dilemma; it is a multi-asset trading wallet that can quickly exchange USDT 1:1 for USD, ensuring safety without the risk of card freezing; it supports remittances to accounts like Wise, with the fastest deposits into US stocks and Hong Kong stocks arriving on the same day; compliant operations also offer an annualized return of 5.48%+ in crypto-based financial management.

Having personally experienced the dilemma of having my funds frozen for 5 days, using BiyaPay has made fund allocation efficient and smooth. In the crypto world, grasping the flow of capital is grasping wealth. Don’t let the old model hinder you; BiyaPay helps you seize the opportunity and sail towards the shores of wealth. #biyapay #出金
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Use one platform to trade futures and funds! Biyapay makes financial management at your fingertips Imagine: no need to switch back and forth between different platforms, and no need to worry about complicated trading rules! Biyapay is like a "super butler" in the financial industry. One application helps you unlock futures trading and fund investment, and you can enter the diversified market at will! Margin becomes flexible funds in seconds: real-time conversion, seamless investment in commodity futures and index funds, more convenient than online shopping orders! Zero threshold and easy entry: no need for complex authentication, one-click online account opening, funds arrive in seconds! Over 300+ investment targets: commodity futures, bond funds, mixed funds, any strategy you want to combine! Transaction costs plunge: 0 subscription fee for buying and selling funds, futures trading fees as low as the industry's freezing point! 10x leverage blessing: crude oil, gold futures, magnify profit potential, seize market opportunities! 15+ payment channels: 7×24 hours extremely fast response, capital flow as fast as lightning! If you—— Want to try futures trading, but are scared off by the high threshold; Have liquid funds and want to steadily layout the fund market; Desire to allocate multiple assets, but can’t do it; Pursue efficient use of funds, and want to save "real money"! Save time and effort, super cost-effective: transaction costs are reduced by 80%, and the money saved is enough for a short trip! Full coverage of global markets: Support users in 50+ countries, and compliance qualifications escort! Lightning response: funds arrive in real time, and market opportunities will no longer pass by! #biyapay
Use one platform to trade futures and funds! Biyapay makes financial management at your fingertips

Imagine: no need to switch back and forth between different platforms, and no need to worry about complicated trading rules! Biyapay is like a "super butler" in the financial industry. One application helps you unlock futures trading and fund investment, and you can enter the diversified market at will!

Margin becomes flexible funds in seconds: real-time conversion, seamless investment in commodity futures and index funds, more convenient than online shopping orders!
Zero threshold and easy entry: no need for complex authentication, one-click online account opening, funds arrive in seconds!
Over 300+ investment targets: commodity futures, bond funds, mixed funds, any strategy you want to combine!
Transaction costs plunge: 0 subscription fee for buying and selling funds, futures trading fees as low as the industry's freezing point!
10x leverage blessing: crude oil, gold futures, magnify profit potential, seize market opportunities!
15+ payment channels: 7×24 hours extremely fast response, capital flow as fast as lightning!

If you——
Want to try futures trading, but are scared off by the high threshold;
Have liquid funds and want to steadily layout the fund market;
Desire to allocate multiple assets, but can’t do it;
Pursue efficient use of funds, and want to save "real money"!

Save time and effort, super cost-effective: transaction costs are reduced by 80%, and the money saved is enough for a short trip!
Full coverage of global markets: Support users in 50+ countries, and compliance qualifications escort!
Lightning response: funds arrive in real time, and market opportunities will no longer pass by!
#biyapay
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The safety of withdrawals has always been an important issue of concern for everyone. As the bull market arrives, if you make ten million, how do you safely withdraw your funds? Will withdrawing to your own card result in a frozen account? In traditional OTC, the identity and source of funds of the other party are opaque, which can lead to a series of problems. To address this issue, choosing BiyaPay as a withdrawal method can effectively alleviate these concerns. You can withdraw USDT from the exchange to the BiyaPay e-wallet, then exchange it 1:1 into dollars or other fiat currencies within #biyapay , and then withdraw it to banks such as Wise or OCBC. Finally, you can directly remit it back to your domestic bank card or Alipay WeChat. Although there will be handling fees and exchange losses, this is a legal transaction. Your funds will also become completely clean. Of course, you will need to pay some handling fees and exchange losses, but these are all to legalize your funds, so this is the cost we should bear. By learning these legal withdrawal paths, your cryptocurrency trading profits can be safely secured! Let's use #biyapay together to ensure the safety of our funds!
The safety of withdrawals has always been an important issue of concern for everyone. As the bull market arrives, if you make ten million, how do you safely withdraw your funds? Will withdrawing to your own card result in a frozen account? In traditional OTC, the identity and source of funds of the other party are opaque, which can lead to a series of problems. To address this issue, choosing BiyaPay as a withdrawal method can effectively alleviate these concerns.

You can withdraw USDT from the exchange to the BiyaPay e-wallet, then exchange it 1:1 into dollars or other fiat currencies within #biyapay , and then withdraw it to banks such as Wise or OCBC. Finally, you can directly remit it back to your domestic bank card or Alipay WeChat. Although there will be handling fees and exchange losses, this is a legal transaction. Your funds will also become completely clean. Of course, you will need to pay some handling fees and exchange losses, but these are all to legalize your funds, so this is the cost we should bear.

By learning these legal withdrawal paths, your cryptocurrency trading profits can be safely secured! Let's use #biyapay together to ensure the safety of our funds!
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Bullish
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Unlock new opportunities in gold investment, BiyaPay helps your wealth shine! Gold investment, an opportunity of the times In today's rapidly changing global market, gold, with its unique property of value preservation and risk resistance, has become an indispensable 'cornerstone of wealth' for investors. Recently, global gold ETFs have attracted over $12 billion, reaching a new high for the same period since 2020! Goldman Sachs has raised its gold price target to $4,000, and the global central bank gold buying spree continues to heat up, fully unleashing the strategic value of gold! BiyaPay, your gold investment tool As the world's first multi-asset trading wallet, BiyaPay provides investors with a one-stop gold investment platform: Seamless trading: Instant exchange of 30 fiat currencies and 200 digital currencies, USDT 1:1 exchange for USD, easily participate in trading gold assets in US and Hong Kong stocks. Zero cost advantage: 0 transaction fees for spot and contract makers, maximizing your investment returns. Flexible allocation: Directly invest in gold ETFs (such as GLD, IAU) and gold stocks through the BiyaPay App, capturing long-term appreciation potential. Risk diversification: Helps optimize your investment portfolio, reducing the impact of market fluctuations, and steadily achieving wealth growth. Whether you're a beginner or an experienced investor, BiyaPay makes gold investment simpler! Amid the increasing risks of 'stagflation', gold investment is becoming the preferred strategy for global investors. With the platform's advantages of efficiency, convenience, and low cost, BiyaPay helps you easily seize opportunities in the gold market and open a new chapter of wealth appreciation. Choose BiyaPay, illuminate your gold investment journey! Explore the infinite possibilities of gold investment! No matter how the market changes, BiyaPay is always by your side, helping your wealth steadily grow in the brilliant light of gold! Join BiyaPay now and start your new journey in gold investment! #biyapay
Unlock new opportunities in gold investment, BiyaPay helps your wealth shine!
Gold investment, an opportunity of the times
In today's rapidly changing global market, gold, with its unique property of value preservation and risk resistance, has become an indispensable 'cornerstone of wealth' for investors. Recently, global gold ETFs have attracted over $12 billion, reaching a new high for the same period since 2020! Goldman Sachs has raised its gold price target to $4,000, and the global central bank gold buying spree continues to heat up, fully unleashing the strategic value of gold!
BiyaPay, your gold investment tool
As the world's first multi-asset trading wallet, BiyaPay provides investors with a one-stop gold investment platform:
Seamless trading: Instant exchange of 30 fiat currencies and 200 digital currencies, USDT 1:1 exchange for USD, easily participate in trading gold assets in US and Hong Kong stocks.
Zero cost advantage: 0 transaction fees for spot and contract makers, maximizing your investment returns.
Flexible allocation: Directly invest in gold ETFs (such as GLD, IAU) and gold stocks through the BiyaPay App, capturing long-term appreciation potential.
Risk diversification: Helps optimize your investment portfolio, reducing the impact of market fluctuations, and steadily achieving wealth growth.
Whether you're a beginner or an experienced investor, BiyaPay makes gold investment simpler!
Amid the increasing risks of 'stagflation', gold investment is becoming the preferred strategy for global investors. With the platform's advantages of efficiency, convenience, and low cost, BiyaPay helps you easily seize opportunities in the gold market and open a new chapter of wealth appreciation.
Choose BiyaPay, illuminate your gold investment journey!
Explore the infinite possibilities of gold investment! No matter how the market changes, BiyaPay is always by your side, helping your wealth steadily grow in the brilliant light of gold!
Join BiyaPay now and start your new journey in gold investment!
#biyapay
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Since the DeFi explosion in 2020, USDT has become an important stablecoin for DEX trading such as Uni, Pancake, and Curve. With protocols like Aave, Compound, and JustLend allowing users to use USDT as collateral for lending, the demand for USDT has significantly increased; additionally, due to on-chain transaction fee issues, TRC-20 USDT on the Tron network has gradually become the main version for DEX trading. The reason it is called a stablecoin is because of its anchoring standard, U is commonly used by foreign trade enterprises in cross-border transactions, bypassing traditional bank restrictions: some foreign trade companies in certain countries may face limitations and scrutiny from the traditional banking system, including high fees, remittance restrictions, etc. By using U, enterprises can circumvent these restrictions and conduct international transactions more flexibly. Some domestic companies also use U for salary payments, and there is no need to elaborate on the tax aspect... Since 2023, U cards have been emerging one after another, and during that time, there was a constant bombardment of news about Onekey, Binance, By, and other visa cards that can be used for daily consumption; in 2024, the introduction of a spot Bitcoin ETF will bring new capital flows, further expanding the role of U in the market; some emerging market countries (like Argentina) also support U payments for certain real estate transactions. Recently, some platforms have even started supporting U for trading US stocks and Hong Kong stocks; for instance, #biyapay , normally, our users in mainland China cannot buy US stocks. Opening an account in the US is very difficult; many brokerage platforms in the US offer online account opening; entrusting a Hong Kong company to open an account is also quite troublesome. Platforms like Biyapay, which allow the buying and selling of US and Hong Kong stocks using U, are very convenient, even including the conversion of U from the crypto space. Stablecoins in the crypto space have faced compliance challenges, market competition, and significant crises over the past few years. In the future, the crypto space may continue to become more standardized, expanding more on-chain applications, improving compliance, and fully realizing new fields such as Real World Assets (RWA).
Since the DeFi explosion in 2020, USDT has become an important stablecoin for DEX trading such as Uni, Pancake, and Curve. With protocols like Aave, Compound, and JustLend allowing users to use USDT as collateral for lending, the demand for USDT has significantly increased; additionally, due to on-chain transaction fee issues, TRC-20 USDT on the Tron network has gradually become the main version for DEX trading.

The reason it is called a stablecoin is because of its anchoring standard, U is commonly used by foreign trade enterprises in cross-border transactions, bypassing traditional bank restrictions: some foreign trade companies in certain countries may face limitations and scrutiny from the traditional banking system, including high fees, remittance restrictions, etc. By using U, enterprises can circumvent these restrictions and conduct international transactions more flexibly. Some domestic companies also use U for salary payments, and there is no need to elaborate on the tax aspect...

Since 2023, U cards have been emerging one after another, and during that time, there was a constant bombardment of news about Onekey, Binance, By, and other visa cards that can be used for daily consumption; in 2024, the introduction of a spot Bitcoin ETF will bring new capital flows, further expanding the role of U in the market; some emerging market countries (like Argentina) also support U payments for certain real estate transactions.

Recently, some platforms have even started supporting U for trading US stocks and Hong Kong stocks; for instance, #biyapay , normally, our users in mainland China cannot buy US stocks. Opening an account in the US is very difficult; many brokerage platforms in the US offer online account opening; entrusting a Hong Kong company to open an account is also quite troublesome. Platforms like Biyapay, which allow the buying and selling of US and Hong Kong stocks using U, are very convenient, even including the conversion of U from the crypto space.

Stablecoins in the crypto space have faced compliance challenges, market competition, and significant crises over the past few years. In the future, the crypto space may continue to become more standardized, expanding more on-chain applications, improving compliance, and fully realizing new fields such as Real World Assets (RWA).
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Under the new cash withdrawal regulations in Hong Kong, how can we safely and efficiently handle virtual currency funds? Recently, the Hong Kong Customs introduced new regulations stating that mainland residents can only bring in a maximum of 20,000 RMB each time after exchanging virtual currency for cash in Hong Kong. This policy undoubtedly poses significant challenges for many friends hoping to liquidate virtual currency through the Hong Kong market. So, in this context, is there a safe and reliable way to cash out? The answer is yes. Firstly, for small daily expenses, you might consider using a 'U Card'. This card is similar to a prepaid card in the MasterCard network and is suitable for small transactions in the hundred-yuan range, such as refueling, dining, shopping, etc. Although the loss is relatively high, around 5%, it is a convenient choice for daily expenses. However, when it comes to handling large amounts of money, the U Card is obviously no longer applicable. At this point, you can consider using a legal cash-out app, such as biyapay. In many countries abroad, trading cryptocurrencies is regarded as a legal investment activity, which means that the money you earn in the crypto space is not illegal income. Through #biyapay , you can transfer USDT from the exchange to an electronic wallet, then exchange it 1:1 for USD or other fiat currencies within the app, and finally withdraw it to banks like Wise or OCBC, and then directly remit it back to mainland bank cards or Alipay WeChat. The entire process only requires paying some fees and exchange losses, allowing for the legalization of funds and secure income. In summary, in the face of the new cash withdrawal regulations in Hong Kong, we need not worry excessively. Through reasonable choices and operations, we can still handle virtual currency funds safely and efficiently. I hope the above suggestions are helpful to you, and I wish you a broader path in your investment journey in the crypto space! #香港提现 #出金方式 #biyapay #合法投资
Under the new cash withdrawal regulations in Hong Kong, how can we safely and efficiently handle virtual currency funds?

Recently, the Hong Kong Customs introduced new regulations stating that mainland residents can only bring in a maximum of 20,000 RMB each time after exchanging virtual currency for cash in Hong Kong. This policy undoubtedly poses significant challenges for many friends hoping to liquidate virtual currency through the Hong Kong market. So, in this context, is there a safe and reliable way to cash out? The answer is yes.

Firstly, for small daily expenses, you might consider using a 'U Card'. This card is similar to a prepaid card in the MasterCard network and is suitable for small transactions in the hundred-yuan range, such as refueling, dining, shopping, etc. Although the loss is relatively high, around 5%, it is a convenient choice for daily expenses.

However, when it comes to handling large amounts of money, the U Card is obviously no longer applicable. At this point, you can consider using a legal cash-out app, such as biyapay. In many countries abroad, trading cryptocurrencies is regarded as a legal investment activity, which means that the money you earn in the crypto space is not illegal income. Through #biyapay , you can transfer USDT from the exchange to an electronic wallet, then exchange it 1:1 for USD or other fiat currencies within the app, and finally withdraw it to banks like Wise or OCBC, and then directly remit it back to mainland bank cards or Alipay WeChat. The entire process only requires paying some fees and exchange losses, allowing for the legalization of funds and secure income.

In summary, in the face of the new cash withdrawal regulations in Hong Kong, we need not worry excessively. Through reasonable choices and operations, we can still handle virtual currency funds safely and efficiently. I hope the above suggestions are helpful to you, and I wish you a broader path in your investment journey in the crypto space!

#香港提现 #出金方式 #biyapay #合法投资
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Bullish
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Last year, I encountered some issues with U while using a certain platform, and at that time, it was transferred to my card. Then I deposited it into a certain V and a certain treasure. A few days later, when I went to the supermarket to buy things, I found out that third-party payments were unavailable, and my bank card couldn't be used either. It dawned on me that I had encountered a frozen card, and the serious part was that even the third-party accounts were frozen! When I went to the bank branch to inquire about the reason, I was informed that it was frozen by an out-of-town criminal investigation unit. However, aside from trading cryptocurrencies, I had not participated in any illicit activities. So, I contacted various phone numbers until I reached my uncle, who told me there was a case related to SA, which led to the freezing of my various cards and suggested I handle it locally. My uncle didn’t insist that I travel across provinces but first asked me to provide some materials explaining the situation. So, I sent my transaction records with OTC merchants, chat logs, including my cryptocurrency trading records and work flow to my uncle, after all, being upright means not fearing shadows. I initially thought these materials would prove that I had done nothing wrong, and when it was time to unfreeze my accounts, my uncle said that I needed to compensate the victim. This meant that my amount would be used for compensation because cryptocurrency trading is not protected. At that time, since I still had other money in my account, I could only blame my bad luck and reluctantly agreed to my uncle’s suggestion. After a few days, everything was resolved. Later on, I became extremely cautious. Cryptocurrency trading itself is not protected, and withdrawing funds requires extra caution. Choosing traditional exchanges to trade U, it is essential to audit the merchant's funds, especially for large amounts; it is necessary to check whether the merchant's funds have been stable for at least three days! During transactions, it is crucial to clearly communicate with the merchant that only real-name accounts are accepted, and if not, choose to report to the authorities. Additionally, I believe that #biyapay is currently the best choice. Bi­y­a­P­ay holds a legitimate license in the United States, ensuring transaction safety and compliance. Converting digital currency into mainstream fiat currencies like USD or HKD, withdrawing to a bank account, and then depositing into other brokers for stock trading is very convenient and reaches the same day. The best part is that it does not leave transaction records in domestic banks. This means that no one can interfere, and your money is yours, dancing back and forth on the sharp blade of card freezing actions, refusing all limits, non-counter transactions, freezing, and payment stops.
Last year, I encountered some issues with U while using a certain platform, and at that time, it was transferred to my card. Then I deposited it into a certain V and a certain treasure. A few days later, when I went to the supermarket to buy things, I found out that third-party payments were unavailable, and my bank card couldn't be used either. It dawned on me that I had encountered a frozen card, and the serious part was that even the third-party accounts were frozen!

When I went to the bank branch to inquire about the reason, I was informed that it was frozen by an out-of-town criminal investigation unit. However, aside from trading cryptocurrencies, I had not participated in any illicit activities. So, I contacted various phone numbers until I reached my uncle, who told me there was a case related to SA, which led to the freezing of my various cards and suggested I handle it locally. My uncle didn’t insist that I travel across provinces but first asked me to provide some materials explaining the situation.

So, I sent my transaction records with OTC merchants, chat logs, including my cryptocurrency trading records and work flow to my uncle, after all, being upright means not fearing shadows. I initially thought these materials would prove that I had done nothing wrong, and when it was time to unfreeze my accounts, my uncle said that I needed to compensate the victim. This meant that my amount would be used for compensation because cryptocurrency trading is not protected. At that time, since I still had other money in my account, I could only blame my bad luck and reluctantly agreed to my uncle’s suggestion. After a few days, everything was resolved.

Later on, I became extremely cautious. Cryptocurrency trading itself is not protected, and withdrawing funds requires extra caution. Choosing traditional exchanges to trade U, it is essential to audit the merchant's funds, especially for large amounts; it is necessary to check whether the merchant's funds have been stable for at least three days! During transactions, it is crucial to clearly communicate with the merchant that only real-name accounts are accepted, and if not, choose to report to the authorities.

Additionally, I believe that #biyapay is currently the best choice. Bi­y­a­P­ay holds a legitimate license in the United States, ensuring transaction safety and compliance. Converting digital currency into mainstream fiat currencies like USD or HKD, withdrawing to a bank account, and then depositing into other brokers for stock trading is very convenient and reaches the same day. The best part is that it does not leave transaction records in domestic banks. This means that no one can interfere, and your money is yours, dancing back and forth on the sharp blade of card freezing actions, refusing all limits, non-counter transactions, freezing, and payment stops.
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If you suddenly made ten million from trading cryptocurrencies, have you thought about how to safely and securely withdraw your funds? Many withdrawal channels are convenient, but safety cannot be guaranteed. Offline withdrawals do not guarantee personal safety, and online withdrawals can be concerning due to black funds and the risk of scams. Therefore, choosing a legitimate and secure withdrawal channel is very important 🛡️ Here are the legal withdrawal paths that Xiao L has tried (personally tested, safe and efficient): 1. Transfer to e-wallet: Withdraw USDT from the exchange to the BiyaPay wallet. 2. Exchange for fiat currency: Convert to US dollars or other fiat currencies at a 1:1 ratio within BiyaPay. 3. Withdraw to overseas accounts: Transfer funds to an overseas bank account (like Wise, OCBC). 4. Remit back to the domestic account: Transfer back to a domestic bank card or payment tool (like Alipay, WeChat) through legitimate channels. Although there will be certain fees and currency losses during the process, ensuring the legitimacy and safety of the funds is crucial! Notes: 1. All operations must be completed within BiyaPay to avoid off-market trading. 2. Choose legitimate channels to ensure compliance with laws and regulations. BiyaPay not only supports deposits and withdrawals but can also be used for investing in US stocks and Hong Kong stocks, providing more possibilities for your wealth management! $BTC $ETH $BNB #biyapay #大额出金 #安全出金小常识 #不冻卡
If you suddenly made ten million from trading cryptocurrencies, have you thought about how to safely and securely withdraw your funds? Many withdrawal channels are convenient, but safety cannot be guaranteed. Offline withdrawals do not guarantee personal safety, and online withdrawals can be concerning due to black funds and the risk of scams. Therefore, choosing a legitimate and secure withdrawal channel is very important 🛡️
Here are the legal withdrawal paths that Xiao L has tried (personally tested, safe and efficient):

1. Transfer to e-wallet: Withdraw USDT from the exchange to the BiyaPay wallet.
2. Exchange for fiat currency: Convert to US dollars or other fiat currencies at a 1:1 ratio within BiyaPay.
3. Withdraw to overseas accounts: Transfer funds to an overseas bank account (like Wise, OCBC).
4. Remit back to the domestic account: Transfer back to a domestic bank card or payment tool (like Alipay, WeChat) through legitimate channels.

Although there will be certain fees and currency losses during the process, ensuring the legitimacy and safety of the funds is crucial!

Notes:
1. All operations must be completed within BiyaPay to avoid off-market trading.
2. Choose legitimate channels to ensure compliance with laws and regulations.

BiyaPay not only supports deposits and withdrawals but can also be used for investing in US stocks and Hong Kong stocks, providing more possibilities for your wealth management!
$BTC $ETH $BNB

#biyapay #大额出金 #安全出金小常识 #不冻卡
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These past few days have been dominated by the decoupling of $FDUSD, with Brother Sun spreading FUD about FDT on Twitter; I still remember when I first got into the Web3 industry, everyone was using USDT. At that time, aside from the crypto world, private transactions were happening in all sorts of industries. Seeing this brings back a lot of memories, as the regulations in the crypto world have become stricter over the past two years, and everyone is paying attention to this direction. Since the DeFi explosion in 2020, USDT has become an important stablecoin for trading on DEXs like Uni, Pancake, and Curve. With protocols like Aave, Compound, and JustLend allowing users to use USDT as collateral for loans, the demand for USDT has surged; additionally, due to on-chain transaction fee issues, TRC-20 USDT on the Tron network has gradually become the main version for DEX trading. The reason it's called a stablecoin is due to its anchoring standard. U is commonly used in foreign trade companies for cross-border transactions, avoiding traditional bank restrictions: some foreign trade companies in certain countries may face limitations and scrutiny from traditional banking systems, including high fees and remittance restrictions. By using U, companies can circumvent these limitations and conduct international transactions more flexibly. Moreover, some domestic companies also use U for settling salaries, and there’s no need to elaborate on the tax aspect... Since 2023, U cards have been emerging one after another. During that time, they were constantly in the spotlight, with Visa cards from Onekey, Binance, and others available for daily consumption; in 2024, the introduction of spot Bitcoin ETFs will bring new capital flow, further expanding U's role in the market; some emerging market countries (like Argentina) also support U payments for certain real estate transactions. Recently, some platforms have started supporting U for trading US stocks and Hong Kong stocks; for example, #Biyapay , under normal circumstances, we mainland users cannot buy US stocks. Opening an account in the US is very difficult; many brokerage websites for US stocks allow online account openings; entrusting a Hong Kong company to open an account is also very troublesome. Platforms like Biyapay allowing the use of U for buying and selling US and Hong Kong stocks are extremely convenient, even including the conversion of U from the crypto world. Stablecoins in the crypto space have faced challenges such as compliance, market competition, and major crises over the past few years. In the future, as the crypto world becomes increasingly regulated, it may continue to expand more on-chain applications, enhance compliance, and fully realize new fields like real-world assets (RWA).
These past few days have been dominated by the decoupling of $FDUSD, with Brother Sun spreading FUD about FDT on Twitter;

I still remember when I first got into the Web3 industry, everyone was using USDT. At that time, aside from the crypto world, private transactions were happening in all sorts of industries. Seeing this brings back a lot of memories, as the regulations in the crypto world have become stricter over the past two years, and everyone is paying attention to this direction.

Since the DeFi explosion in 2020, USDT has become an important stablecoin for trading on DEXs like Uni, Pancake, and Curve. With protocols like Aave, Compound, and JustLend allowing users to use USDT as collateral for loans, the demand for USDT has surged; additionally, due to on-chain transaction fee issues, TRC-20 USDT on the Tron network has gradually become the main version for DEX trading.

The reason it's called a stablecoin is due to its anchoring standard. U is commonly used in foreign trade companies for cross-border transactions, avoiding traditional bank restrictions: some foreign trade companies in certain countries may face limitations and scrutiny from traditional banking systems, including high fees and remittance restrictions. By using U, companies can circumvent these limitations and conduct international transactions more flexibly. Moreover, some domestic companies also use U for settling salaries, and there’s no need to elaborate on the tax aspect...

Since 2023, U cards have been emerging one after another. During that time, they were constantly in the spotlight, with Visa cards from Onekey, Binance, and others available for daily consumption; in 2024, the introduction of spot Bitcoin ETFs will bring new capital flow, further expanding U's role in the market; some emerging market countries (like Argentina) also support U payments for certain real estate transactions.

Recently, some platforms have started supporting U for trading US stocks and Hong Kong stocks; for example, #Biyapay , under normal circumstances, we mainland users cannot buy US stocks. Opening an account in the US is very difficult; many brokerage websites for US stocks allow online account openings; entrusting a Hong Kong company to open an account is also very troublesome. Platforms like Biyapay allowing the use of U for buying and selling US and Hong Kong stocks are extremely convenient, even including the conversion of U from the crypto world.

Stablecoins in the crypto space have faced challenges such as compliance, market competition, and major crises over the past few years. In the future, as the crypto world becomes increasingly regulated, it may continue to expand more on-chain applications, enhance compliance, and fully realize new fields like real-world assets (RWA).
--
Bullish
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There are many friends who have just joined or want to join the cryptocurrency space, and the most concerning issue for them may be related to funds, worrying about whether their income is legal, how to cash out, and what to do if they accidentally become rich, earning ten million or even more. How can this money be transferred to their own bank card? Will it be frozen as an enormous amount of wealth with an unknown source? In fact, in traditional OTC transactions, the identity of the other party and the source of funds are opaque, which may lead to a series of problems. Today, I would like to recommend a legal cash-out APP #biyapay . First, we need to clarify that in many countries abroad, trading cryptocurrencies is a legal investment behavior. This means that the money you earn in the cryptocurrency space is not illegal income. If you want to cash out without any worries, you can first transfer the USDT from the exchange to the #BiyaPay e-wallet, then exchange it 1:1 for US dollars or other fiat currencies within #BiyaPay, and then withdraw it to banks like Wise or OCBC, and finally directly remit it back to a mainland bank card or Alipay/WeChat. By completing these steps, our cost is only to pay some handling fees and exchange losses, which can legalize the funds and ensure that your cryptocurrency trading profits are safely secured. #biyapay can not only be used as a tool for cash inflow and outflow but also for investing in US and Hong Kong stocks.
There are many friends who have just joined or want to join the cryptocurrency space, and the most concerning issue for them may be related to funds, worrying about whether their income is legal, how to cash out, and what to do if they accidentally become rich, earning ten million or even more.

How can this money be transferred to their own bank card? Will it be frozen as an enormous amount of wealth with an unknown source?

In fact, in traditional OTC transactions, the identity of the other party and the source of funds are opaque, which may lead to a series of problems.

Today, I would like to recommend a legal cash-out APP #biyapay .

First, we need to clarify that in many countries abroad, trading cryptocurrencies is a legal investment behavior. This means that the money you earn in the cryptocurrency space is not illegal income.

If you want to cash out without any worries, you can first transfer the USDT from the exchange to the #BiyaPay e-wallet, then exchange it 1:1 for US dollars or other fiat currencies within #BiyaPay, and then withdraw it to banks like Wise or OCBC, and finally directly remit it back to a mainland bank card or Alipay/WeChat.

By completing these steps, our cost is only to pay some handling fees and exchange losses, which can legalize the funds and ensure that your cryptocurrency trading profits are safely secured.

#biyapay can not only be used as a tool for cash inflow and outflow but also for investing in US and Hong Kong stocks.
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Lessons from Investing in Dual Battlegrounds and Opportunities with Biyapay After years of struggling in the cryptocurrency space and U.S. stock market, I have tasted the ups and downs of investing. The myth of getting rich quickly in cryptocurrency is intoxicating; I followed the trend and bought altcoins, and my assets doubled in a short time. However, due to regulation and market manipulation, I lost everything in an instant. I then turned to the U.S. stock market, researching financial reports to pick stocks, but suffered significant losses due to the pandemic's black swan events and complex trading rules. It wasn't until I encountered Biyapay that my investment dilemmas were broken. It supports the exchange of over 30 fiat currencies and more than 200 cryptocurrencies, allowing trading in U.S. and Hong Kong stocks without the need for offshore accounts, making operations convenient. Multiple financial licenses from various countries ensure safety, with low fees and fast transactions, truly achieving global asset allocation at the touch of a button. The investment journey is fraught with thorns, and Biyapay may become your tool for breaking through. #biyapay $BNB
Lessons from Investing in Dual Battlegrounds and Opportunities with Biyapay

After years of struggling in the cryptocurrency space and U.S. stock market, I have tasted the ups and downs of investing. The myth of getting rich quickly in cryptocurrency is intoxicating; I followed the trend and bought altcoins, and my assets doubled in a short time. However, due to regulation and market manipulation, I lost everything in an instant. I then turned to the U.S. stock market, researching financial reports to pick stocks, but suffered significant losses due to the pandemic's black swan events and complex trading rules.
It wasn't until I encountered Biyapay that my investment dilemmas were broken. It supports the exchange of over 30 fiat currencies and more than 200 cryptocurrencies, allowing trading in U.S. and Hong Kong stocks without the need for offshore accounts, making operations convenient. Multiple financial licenses from various countries ensure safety, with low fees and fast transactions, truly achieving global asset allocation at the touch of a button.
The investment journey is fraught with thorns, and Biyapay may become your tool for breaking through.
#biyapay $BNB
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🔥DL Withdrawal Guide: Safe and Compliant Withdrawals, Avoid Pitfalls 💰 With the popularization of the cryptocurrency market, many friends face a real problem: after making money from trading coins, how to safely withdraw to the domestic market? Improper handling may lead to risks such as bank card freezing, account fund restrictions, and tax compliance issues. Therefore, mastering the correct withdrawal methods is particularly important. ⚠️ Main Risks of Withdrawal 1. Bank Card Risk Control: Domestic regulations on large cross-border fund flows are strict; frequent large deposits may trigger bank risk controls, even leading to bank card freezing. 2. OTC Trading Traps: Traditional OTC off-exchange trading makes it difficult to verify the source of the other party's funds; once involved with illicit funds, one may face judicial investigation or asset freezing. 3. Changes in Policies and Regulations: Different countries have different regulations on the flow of cryptocurrency funds; non-compliance may bring tax or legal risks. ✅ Full Process for Compliant Withdrawals 1. Exchange USDT ➡ BiyaPay Wallet 2. 1:1 exchange for USD/local currency, with clear and transparent funds, no risk of unknown source funds! 3. Withdraw to banks like Wise, OCBC, etc., legitimate and compliant, avoiding bank card risk control! 4. Remit to domestic bank cards, Alipay, or WeChat, safely received without worrying about account freezing! 🔹 Funds are compliant and legal, meeting international cross-border payment requirements! 🔹 Supports investment in US and Hong Kong stocks, maximizing fund utilization! 💡 Reminder: Several Important Principles for Safe Withdrawals 1️⃣ Withdraw in batches to avoid triggering bank risk control with large single transactions. 2️⃣ Choose legitimate channels, refuse funds transfer methods of unknown origin. 3️⃣ Pay taxes reasonably, comply with national foreign exchange policies, and avoid subsequent compliance issues. 📢 Steady withdrawals, safe receipt, compliant withdrawals with BiyaPay! #biyapay #合规出金 #炒币 #资金安全
🔥DL Withdrawal Guide: Safe and Compliant Withdrawals, Avoid Pitfalls 💰

With the popularization of the cryptocurrency market, many friends face a real problem: after making money from trading coins, how to safely withdraw to the domestic market? Improper handling may lead to risks such as bank card freezing, account fund restrictions, and tax compliance issues. Therefore, mastering the correct withdrawal methods is particularly important.

⚠️ Main Risks of Withdrawal

1. Bank Card Risk Control: Domestic regulations on large cross-border fund flows are strict; frequent large deposits may trigger bank risk controls, even leading to bank card freezing.
2. OTC Trading Traps: Traditional OTC off-exchange trading makes it difficult to verify the source of the other party's funds; once involved with illicit funds, one may face judicial investigation or asset freezing.
3. Changes in Policies and Regulations: Different countries have different regulations on the flow of cryptocurrency funds; non-compliance may bring tax or legal risks.

✅ Full Process for Compliant Withdrawals

1. Exchange USDT ➡ BiyaPay Wallet
2. 1:1 exchange for USD/local currency, with clear and transparent funds, no risk of unknown source funds!
3. Withdraw to banks like Wise, OCBC, etc., legitimate and compliant, avoiding bank card risk control!
4. Remit to domestic bank cards, Alipay, or WeChat, safely received without worrying about account freezing!

🔹 Funds are compliant and legal, meeting international cross-border payment requirements!
🔹 Supports investment in US and Hong Kong stocks, maximizing fund utilization!

💡 Reminder: Several Important Principles for Safe Withdrawals

1️⃣ Withdraw in batches to avoid triggering bank risk control with large single transactions.
2️⃣ Choose legitimate channels, refuse funds transfer methods of unknown origin.
3️⃣ Pay taxes reasonably, comply with national foreign exchange policies, and avoid subsequent compliance issues.

📢 Steady withdrawals, safe receipt, compliant withdrawals with BiyaPay! #biyapay #合规出金 #炒币 #资金安全
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How to Withdraw Profits from Cryptocurrency Trading 🧐? Dear friends, are you worried about the safety of withdrawing profits from cryptocurrency trading? Traditional OTC has many issues, but don't worry! Trading cryptocurrencies is legal abroad. You can withdraw your coins to the BiyaPay e-wallet, convert them to fiat currency, and then transfer them to banks like Wise, and then send them back to mainland accounts or payment accounts. Although there are handling fees and exchange losses, it is legal. BiyaPay also allows you to invest in US and Hong Kong stocks. Make sure to use the BiyaPay APP for transactions, as off-exchange options are often scams. Click: https://biyapay.com/re/3009843 Let's safely withdraw cryptocurrency trading profits together using #biyapay @BIYAPAYOFFICIAL!
How to Withdraw Profits from Cryptocurrency Trading 🧐?

Dear friends, are you worried about the safety of withdrawing profits from cryptocurrency trading? Traditional OTC has many issues, but don't worry! Trading cryptocurrencies is legal abroad.

You can withdraw your coins to the BiyaPay e-wallet, convert them to fiat currency, and then transfer them to banks like Wise, and then send them back to mainland accounts or payment accounts. Although there are handling fees and exchange losses, it is legal. BiyaPay also allows you to invest in US and Hong Kong stocks. Make sure to use the BiyaPay APP for transactions, as off-exchange options are often scams.
Click: https://biyapay.com/re/3009843

Let's safely withdraw cryptocurrency trading profits together using #biyapay @BIYAPAYOFFICIAL!
--
Bullish
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Milestone in Cryptocurrency Trading | Hong Kong's First Retail-Oriented Platform Approved With the announcement in August 2023 that HashKey Exchange has received a virtual asset trading license issued by Hong Kong, the retail trading of tokens in Hong Kong has been legalized. Additionally, HashKey stated that it has partnered with Standard Chartered Bank to provide fiat currency deposit and withdrawal services. This is a milestone for both Hong Kong and the entire industry. One persistent issue in the cryptocurrency world is that all traditional banks do not support cryptocurrency trading! What do banks fear the most? Not inactive accounts, not low transaction volumes, but money laundering. And cryptocurrency happens to be a paradise for money laundering. The funds in the cryptocurrency world are substantial and move in and out quickly. Due to the regulatory environment lagging far behind the development speed of this new phenomenon, the cryptocurrency space has remained in a state of wild growth! The fundamental problem in the cryptocurrency sector has always been regulation, not the violations themselves. If a series of transactions in the cryptocurrency world were under transparent regulation, many issues would be readily resolved. Hong Kong is leading the world in this regard. The highly anticipated new regulations for cryptocurrency exchanges in Hong Kong, titled "Guidelines for Operators of Virtual Asset Trading Platforms," have officially come into effect, consisting of a whopping 200,000 words! The bug of the Hong Kong dollar has thus been born! It can circulate freely with the US dollar while also being pegged to the strong Chinese yuan. When depositing, one can enjoy the benefits of US dollar interest rate hikes, and when doing business, one can benefit from the Chinese yuan interest rate cuts. With support from the world's second-largest economy, Hong Kong has also become a consumption paradise for many wealthy individuals! But is this really suitable for retail investors? Let’s do the math: if you exchange your money at an offline exchange shop for Hong Kong dollars, you might incur a loss of about 2%; if you deposit Hong Kong dollars in a bank to exchange for US dollars, you might also incur a loss of about 2%. Is that all? Don’t forget, you still have to leave your full identity information with the relevant institutions. Even if everything goes smoothly, how do you plan to bring the money back to the mainland? Exchanging back to your home country? There is an annual limit of only $50,000, and you must provide various proofs. So why have I been recommending #biyapay ? It’s something that can be fully managed online, and the entire cash-out process complies with regulatory requirements. You can simply search for it in the Google Store; the withdrawal reaches you on the same day, which is very convenient. The best part is that there will be no transaction records left in domestic banks. This means no one can intervene; your money is truly yours, dancing back and forth on the sharp edge of the crackdown, rejecting all limits, non-counter, freezing, and stopping payments.
Milestone in Cryptocurrency Trading | Hong Kong's First Retail-Oriented Platform Approved

With the announcement in August 2023 that HashKey Exchange has received a virtual asset trading license issued by Hong Kong, the retail trading of tokens in Hong Kong has been legalized. Additionally, HashKey stated that it has partnered with Standard Chartered Bank to provide fiat currency deposit and withdrawal services. This is a milestone for both Hong Kong and the entire industry.

One persistent issue in the cryptocurrency world is that all traditional banks do not support cryptocurrency trading! What do banks fear the most? Not inactive accounts, not low transaction volumes, but money laundering. And cryptocurrency happens to be a paradise for money laundering. The funds in the cryptocurrency world are substantial and move in and out quickly. Due to the regulatory environment lagging far behind the development speed of this new phenomenon, the cryptocurrency space has remained in a state of wild growth!

The fundamental problem in the cryptocurrency sector has always been regulation, not the violations themselves. If a series of transactions in the cryptocurrency world were under transparent regulation, many issues would be readily resolved. Hong Kong is leading the world in this regard. The highly anticipated new regulations for cryptocurrency exchanges in Hong Kong, titled "Guidelines for Operators of Virtual Asset Trading Platforms," have officially come into effect, consisting of a whopping 200,000 words!

The bug of the Hong Kong dollar has thus been born! It can circulate freely with the US dollar while also being pegged to the strong Chinese yuan. When depositing, one can enjoy the benefits of US dollar interest rate hikes, and when doing business, one can benefit from the Chinese yuan interest rate cuts. With support from the world's second-largest economy, Hong Kong has also become a consumption paradise for many wealthy individuals!

But is this really suitable for retail investors? Let’s do the math: if you exchange your money at an offline exchange shop for Hong Kong dollars, you might incur a loss of about 2%; if you deposit Hong Kong dollars in a bank to exchange for US dollars, you might also incur a loss of about 2%. Is that all? Don’t forget, you still have to leave your full identity information with the relevant institutions. Even if everything goes smoothly, how do you plan to bring the money back to the mainland? Exchanging back to your home country? There is an annual limit of only $50,000, and you must provide various proofs.

So why have I been recommending #biyapay ? It’s something that can be fully managed online, and the entire cash-out process complies with regulatory requirements. You can simply search for it in the Google Store; the withdrawal reaches you on the same day, which is very convenient. The best part is that there will be no transaction records left in domestic banks. This means no one can intervene; your money is truly yours, dancing back and forth on the sharp edge of the crackdown, rejecting all limits, non-counter, freezing, and stopping payments.
See original
Many friends are asking about the issue of funds in the circle, and here it is! Save it for future reference. The funds earned from trading cryptocurrencies may be seen as sources of unknown wealth in the eyes of the public, especially when the source and liquidity of the funds are not reasonably explained. Banks may conduct reviews and even freeze accounts. First, trading cryptocurrencies abroad is considered a legitimate investment, so your earnings are not illegal income. Here is the legal withdrawal process: 1. Transfer USDT from the exchange to the BiyaPay e-wallet. 2. Exchange it 1:1 for US dollars or other fiat currencies within BiyaPay. 3. Withdraw to a bank account like Wise or OCBC. 4. Finally, remit to a domestic bank card or Alipay, WeChat. BiyaPay is not only a tool for fund inflow and outflow but also can be used for investments in U.S. and Hong Kong stocks, increasing its multifunctionality in financial management. This way, your funds can be returned "cleanly" to a domestic account. #biyapay
Many friends are asking about the issue of funds in the circle, and here it is! Save it for future reference.
The funds earned from trading cryptocurrencies may be seen as sources of unknown wealth in the eyes of the public, especially when the source and liquidity of the funds are not reasonably explained. Banks may conduct reviews and even freeze accounts.
First, trading cryptocurrencies abroad is considered a legitimate investment, so your earnings are not illegal income. Here is the legal withdrawal process:
1. Transfer USDT from the exchange to the BiyaPay e-wallet.
2. Exchange it 1:1 for US dollars or other fiat currencies within BiyaPay.
3. Withdraw to a bank account like Wise or OCBC.
4. Finally, remit to a domestic bank card or Alipay, WeChat.
BiyaPay is not only a tool for fund inflow and outflow but also can be used for investments in U.S. and Hong Kong stocks, increasing its multifunctionality in financial management.
This way, your funds can be returned "cleanly" to a domestic account. #biyapay
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