Why are mainland people so obsessed with Hong Kong cards?

Clearly, there are so many banks in mainland China, why do so many mainlanders fly thousands of kilometers to Hong Kong to apply for a Hong Kong card?

The biggest problem with mainland banks is: funds are not free at all; it's easy to deposit but hard to withdraw. Regulation is even more mystical, with sudden risk control freezing cards, messing up people’s capital turnover. It has even given rise to black and evil forces engaging in extortion.

Hong Kong is different.

First, Hong Kong and the mainland are not in the same system; even if a mainland card is frozen or blocked, it does not affect the use of a Hong Kong card.

Second, it is not subject to mainland surveillance, there are no foreign exchange controls, funds can move freely in and out, with no freezing, blocking, or limits.

Furthermore, it can be linked to Alipay and WeChat for use.

The best part is that the cost of holding the card is extremely low, with a lifetime exemption from management fees, free transfers between Hong Kong and the mainland, free deposits and withdrawals for Hong Kong and US stocks, free cash withdrawals at ATMs worldwide, and easy account opening with just a prior appointment.

As a person in the cryptocurrency circle, capital is an even more sensitive issue, so having a Hong Kong card is very necessary.

The exchange limit for Hong Kong cards is 50,000; how to safely deposit and withdraw funds? You can try the #biyapay wallet. It is now available on the Google Play Store, holding a legal license in the United States to ensure transaction safety and compliance.

It is the world's first multi-asset trading wallet, allowing users to easily exchange mainstream fiat currency for digital currency in real-time. It provides a safe and convenient solution for fund withdrawal, effectively solving card freezing and capital issues during withdrawals. Users can deposit USDT into the remittance platform and easily convert it to USD for withdrawal. $BTC