🧵A visual guide to understand the secure methods for entering and exiting funds with Hong Kong cards, covering all consumption scenarios!
After encountering pitfalls with over 10 cards in a year, I finally realized that global shopping, AI subscriptions, cryptocurrency, and US stocks can all be easily accessed by ordinary people!
🧭 Configuration Logic:
Mainland currency exchange ➔ Hong Kong transit ➔ Global payment ➔ Cryptocurrency/Hong Kong-US stock fund entry and exit ➔ Supplementary channels for receiving payments
By utilizing this combination effectively, you can basically achieve:
✅ Low-cost or even zero fee cross-border transfers ✅ Smooth and seamless global spending ✅ Cryptocurrency/Hong Kong-US stocks/brokerage/stable fund entry and exit channels ✅ Simultaneously diversify lockdown and policy risks
Today, I will share the combination that I have practiced and verified as effective with everyone👇
Guotai Junan and 40 other brokerages upgrade virtual asset licenses, can mainland investors also buy virtual currencies?
I have bad news and good news, let's start with the bad news! The bad news is: Virtual asset trading in Hong Kong is prohibited from providing services to residents of mainland China; the good news is: 40 brokerages, including Guotai Junan International, have obtained upgraded licenses to provide virtual asset trading services.
Guotai Junan International announced on June 25 that it upgraded its securities trading license (License No. 1) to include a comprehensive license for virtual asset trading services, becoming the first Chinese brokerage to obtain this permission.
Source: Guotai Junan International The news triggered a strong reaction in the capital market. Guotai Junan International's stock opened up nearly 200%, reaching a nearly 10-year high, leading the Hong Kong brokerage sector to strengthen collectively, and the A-share stablecoin concept became active again. Many mistakenly believe that this indicates a trend toward the legalization of virtual currencies in mainland China, and that mainland investors can directly buy and sell virtual currencies through brokerages, leading to significant misunderstandings.
June 25 Morning $ETH 🔸Direction: Bullish 🔸Trend: Short-term bullish consolidation, resistance level at 2460, support level at 2430 🔸Trend Ladder: Price continues to rise along the trend ladder, with two upward assaults penetrating the green channel, showing strong momentum 🔸SMA + Slope: Short-term SMA is trending upward, with a positive slope, in line with the current rising trend 🔸Fair Value Transaction Mapping: Current price is consolidating near the fair value dense area of 2450–2457, with buyers dominating transactions (91%+) 🔸Fear Warning: Fear level at 2440 🔸Energy Channel: Trading volume supports the upward assault, successfully breaking through the upper supply zone (selling pressure 57.956), with bullish momentum prevailing
❗ Watch if 2460 is effectively broken to confirm upward space #ETH #加密市场反弹
Hong Kong and the mainland have launched a cross-border payment system, allowing residents of both regions to make real-time cross-border transfers using their mobile phone numbers or bank accounts.
The cross-border payment system was initiated in a meeting this morning and will officially be implemented on June 22. Those with Hong Kong bank cards can experience it first.
The first batch of banks participating in the cross-border payment system includes: Mainland: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, China Merchants Bank Hong Kong: Bank of China Hong Kong, Bank of East Asia, China Construction Bank (Asia), Hang Seng Bank, HSBC, ICBC (Asia)
Currently, there are limits on the amount for cross-border transfers: 300,000 yuan per year from the mainland to Hong Kong, and 200,000 yuan from Hong Kong to the mainland. The specific amounts should still refer to the regulations of each bank.
In the future, more banks are expected to participate in the cross-border payment system. For those applying for Hong Kong bank cards, it will still be beneficial. In the future, instead of using Wise, you can achieve real-time transfers and save on a lot of service fees. #出金
Trump announces that the U.S. military has attacked Iran's nuclear facilities, and Iran's Fordow (nuclear facility) no longer exists. Indeed, playing golf on Friday was a smokescreen to distract Iran.
Today's Alpha trading volume is 69,967, 18 minutes, with a loss of 4.15U. The last seven days have been KOGE exchanging for ZKJ, with losses maintained at 4U. It is not recommended to exchange large amounts, as it may lead to being stuck. I encountered insufficient liquidity even when using 1000U; if you don't clearly see the amount and directly click exchange, you will definitely get stuck. Exchange operation process: Specific steps: Exchange 1000U for ZKJ, then exchange ZKJ with KOGE 32 times, and finally exchange back to U for the last transaction. It should have lower losses than exchanging U for ZKJ and then back to U. Multi-account trading strategy Multi-account operations are suitable for players with limited funds but who want to maximize profits. For example: Use 2000U to operate 10 or even more accounts. Each account deposits 100U daily to secure a minimum of 1 point. The remaining funds can complete high-score tasks through the 'train running' method (alternating trading volume among accounts). Tip: Using wallet operations can avoid facial recognition at exchanges.
1⃣️ Alpha is a 'transaction-based cash grab', and for a 'transaction-based cash grab', we must consider the losses caused by 'price fluctuations' + 'slippage'. 2️⃣ My little method is: ⓵ Before trading, first check the 'market', if Bitcoin plummets, then altcoins and memes are likely to plummet as well, so be aware of the risks. ⓶ Buy and sell immediately, absolutely do not think 'I'll sell when the price goes up', aiming for 'two bites of the cherry' only adds to the costs. ⓷ Buy 'coins I'm familiar with', 'coins I'm familiar with' tend to be more stable in price, be cautious when buying new coins. ⓸ One should also have respect for 'trading' when cashing out! #我的COS交易 #ALPHA🔥
Brothers, I entered the crypto world 15 years ago, and I haven't made a dime since. I remember using Huobi back then, starting with spot contracts, at the most I had two big coins, but then my gambling addiction kicked in and I lost everything, so I left.
A colleague of mine bought a shitcoin and made 100, then exited the market.
Meanwhile, I am still in the crypto world eating dirt.
Binance Alpha Risk Control Recommendations 1. Deposit and Withdrawal 2. Contract Trading 3. Posting or Replying on Binance Square 4. Engage in some spot trading or hold spot assets 5. Buy 100 yuan worth of BNB for financial management 6. Persist with real-person facial verification Achieving 3 or more of the above makes it very difficult to impose risk control on you.