Although I didn't go to Dubai for the Binance Blockchain Week

but in the past few days, hearing my friend's account, I have a very realistic feeling

Many people haven't really made money; the money has been made, but they dare not spend it and find it hard to spend.

The biggest problem encountered is cashing out

A few days ago, there was a similar question on Zhihu

How to cash out 200 million USDT safely

In fact, this question is already completely beyond what I can consider

Normal cashing out is nothing more than C2C, etc.

The common issues with C2C are frozen cards or being asked by phone where the money comes from.

From my friend's account, Dubai actually has an advantage in this regard

No capital gains tax, loose regulation, it feels like a safe haven.

Recently, the @Pan_Ecosystem I have been following is based on this logic

USD1 BNB can be directly swiped without going through fiat cash out

Pan Card is more like turning the account directly into a card.

Advantages of Pan Card:

Consumption amounts use bank exchange rates, direct payment with virtual currency

Cashing out supports Hong Kong cards with instant arrival, 0 fees

User first, no need to download an app

All countries that can use Visa overseas are compliant, making it very convenient for overseas spending, topping up X memberships, and other operations

Note: There may be fees for small amounts in mainland China.