Directly opening an international account with Switzerland.
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Comprehensive Guide for Mainland Residents to Open a Hong Kong Bank Account
I. Why open a Hong Kong bank account? Freedom of cross-border transfer: receiving overseas funds does not occupy the domestic 50,000 USD foreign exchange quota, suitable for friends doing foreign trade or investing in US and Hong Kong stocks.
Convenient for daily consumption: Hong Kong's 'Faster Payment System' (FPS) is equivalent to Alipay, allowing for seamless transfers via QR code, supporting mobile numbers, emails, and FPS codes, with a daily limit of 10,000 HKD.
More flexible investment: directly buy Hong Kong stocks, US stocks, funds, insurance; some banks also offer free global transfers (e.g., HSBC, Citibank). Save on fees: spending / withdrawing cash directly with Hong Kong card deducts foreign currency, saving 3% currency conversion fee compared to Mainland cards.
Recently, the price of Ethereum ($ETH ) has shown a significant rebound, and market sentiment is gradually warming up. This rebound is mainly driven by multiple positive factors. First, the Ethereum network is about to welcome the 'Merge' upgrade, a major technological transformation that will shift it from proof-of-work (PoW) to proof-of-stake (PoS), significantly reducing energy consumption and enhancing network efficiency. The market's expectation for this upgrade has restored investor confidence.
Secondly, the overall warming of the cryptocurrency market has also driven the rise of $ETH . The rebound of mainstream coins such as Bitcoin ($BTC) has provided support for Ethereum, and market risk appetite has increased. In addition, the continuous development of DeFi (decentralized finance) and NFT (non-fungible token) ecosystems has brought more application scenarios and demand for Ethereum.
On the technical front, after stabilizing near key support levels, $ETH has gradually broken through short-term resistance levels, showing strong upward momentum. Market analysis suggests that if $ETH can hold above key levels, it is expected to rise further. However, investors still need to be cautious of market volatility risks, especially in the context of ongoing macroeconomic uncertainty. Overall, Ethereum's rebound reflects the market's recognition of its long-term value, but short-term trends still require close attention to market dynamics and technical indicators.
U.S. President Donald Trump recently announced that he will suspend the imposition of new tariffs on certain Chinese goods. This decision is seen as a sign of positive progress in U.S.-China trade negotiations. Trump stated that this move aims to create a favorable atmosphere for both sides to continue discussions and emphasized that the U.S. and China have reached important consensus in multiple areas. The decision to suspend new tariffs not only alleviates tensions in the global market but also provides more stability and predictability for businesses in both countries.
Analysts point out that this initiative may pave the way for the finalization of a U.S.-China trade agreement. Although there are still differences between the two sides on issues such as intellectual property and market access, the suspension of new tariffs demonstrates both parties' willingness to resolve disputes through dialogue. In addition, this decision also helps to lessen the burden on American consumers and businesses, avoiding cost increases due to rising tariffs. However, Trump also emphasized that if China fails to fulfill its commitments, the U.S. will reconsider imposing tariffs. This indicates that, despite the current easing of tensions, the future of trade negotiations remains uncertain. The global market will continue to closely monitor the progress of U.S.-China trade talks, hoping that both sides can reach a comprehensive and lasting agreement.
No loss this month, what level is that? Finally went from a few dozen dollars to over 700 dollars, all consolidated into Binance. Retained part of the contracts, put 500u into the copy trading account, and started the copy trading🔛. The money earned from copy trading helps the masses, rescuing victims of contract trading. All my contract trading coins are public, you can always 🉑 see my trading records✍️. No loss this year, started trading contracts at the beginning of the pandemic and lost all last year, what does being ranked 200+ on Binance mean? From a few dozen u to a few hundred u, can't afford to make mistakes, otherwise I wouldn't even be able to gather this 500u. Wang Baiyi's quote: With 100 million you can earn 10 billion, with 2u you can also earn u.
The quantitative trading has been going on for more than 20 days, with strategies designed by the quantitative team in Germany. Overall, the returns are not high but very stable. Friends who need strategies can leave me a message, and I can share them with you for free. Let's survive together in the world of dog stocks.
The quantitative trading has been going on for more than 20 days, with strategies designed by the quantitative team in Germany. Overall, the returns are not high but very stable. Friends who need strategies can leave me a message, and I can share them with you for free. Let's survive together in the world of dog stocks.
The quantitative trading has been going on for more than 20 days, with strategies designed by the quantitative team in Germany. Overall, the returns are not high but very stable. Friends who need strategies can leave me a message, and I can share them with you for free. Let's survive together in the world of dog stocks.
$BTC ##Bitcoin: The Rise of Digital Gold Bitcoin (BTC) is a decentralized digital currency created in 2009 by the mysterious figure Satoshi Nakamoto. It is based on blockchain technology and uses cryptographic principles to ensure the security and anonymity of transactions. The birth of Bitcoin marks a significant transformation in the history of human currency, challenging the authority of traditional financial systems and providing a new way for global users to store and trade value.
The core advantage of Bitcoin lies in its decentralized nature. It is not controlled by any government or financial institution, and all transaction records are stored openly and transparently on the blockchain, allowing anyone to query and verify. This characteristic gives Bitcoin an advantage in terms of censorship resistance and protection against inflation, making it the 'digital gold' in the eyes of many.
However, Bitcoin also faces numerous challenges. Its price is highly volatile, posing significant investment risks; transaction speeds are relatively slow, making it difficult to meet daily payment needs; moreover, Bitcoin's anonymity has also made it a breeding ground for some illegal activities. Despite this, Bitcoin continues to attract the attention of numerous investors and technology enthusiasts worldwide, and its future development is filled with opportunities and challenges. In summary, Bitcoin, as an emerging digital currency, is changing the global financial landscape. It is both a product of technological innovation and a pursuit of freedom and fairness by humanity. Whether Bitcoin can truly become the 'digital gold' in the future remains to be tested by time.
$TRUMP TRUMP is a cryptocurrency project based on blockchain technology, aiming to combine decentralized finance (DeFi) with political influence to create a unique digital asset ecosystem. The project was founded by a group of blockchain developers and political enthusiasts, inspired by the significant influence of former U.S. President Donald Trump in the political and economic spheres. The $TRUMP token is not only an investment tool but also committed to supporting political movements and charitable causes that align with Trump's ideals.
The total supply of $TRUMP tokens is limited, employing a deflationary mechanism, ensuring transparency and security through smart contracts. Holders can participate in community governance, voting to determine the project's development direction while enjoying trading fee dividends. In addition, $TRUMP plans to collaborate with various political organizations and media outlets to expand its influence and promote the adoption of cryptocurrency in mainstream society. As an innovative project, $TRUMP has attracted the attention of cryptocurrency investors and sparked heated discussions about the combination of blockchain technology and politics. In the future, $TRUMP is expected to become an important bridge connecting finance and politics, injecting new vitality into the decentralized world.
As of 2023, Bitcoin, as the world's first decentralized cryptocurrency, maintains its position as the leader in market capitalization within the cryptocurrency market. Bitcoin's market capitalization is usually measured in US dollars, and its price is highly volatile; however, in the long term, it dominates the cryptocurrency market. According to the latest data, Bitcoin's market capitalization exceeds $500 billion, far surpassing other cryptocurrencies such as Ethereum and Binance Coin (BNB).
The ranking of Bitcoin's market capitalization not only reflects its leadership in the cryptocurrency market but also demonstrates its widespread recognition as 'digital gold.' Bitcoin's scarcity (with a total supply limit of 21 million coins) and decentralized nature make it a favored asset among investors and institutions. Despite frequent market fluctuations, Bitcoin's market capitalization remains leading, serving as a barometer for the cryptocurrency market. Additionally, Bitcoin's market capitalization ranking is influenced by the global macroeconomic environment, regulatory policies, and technological developments. As more institutional investors and publicly listed companies incorporate Bitcoin into their asset allocations, its market capitalization is expected to continue growing, solidifying its leading position in the cryptocurrency market.