Can't we just go to Hong Kong to open a bank account and deposit money? Hong Kong has already legalized cryptocurrency and has related industries, um, are the brothers in the mainland so cut off from information?

In the cryptocurrency world, if you make 1 million and want to transfer this money back to a domestic bank account, you need to operate carefully. Direct transfers may attract the attention of regulatory authorities and could be considered illegal income, even involving legal issues. However, there is no need to worry; there are several legal ways to resolve this issue.

The following content is for reference only and has not been personally tested; please judge for yourself.

The first method is: withdraw USDT to the BiyaPay wallet, which has obtained the relevant licenses in the United States. Through BiyaPay, you can exchange USDT for US dollars and then transfer it through banks like Wise or OCBC. Although there may be certain fees and exchange rate losses along the way, the entire process is transparent and legal. When using Wise, funds can be transferred back to domestic Alipay, WeChat, or Bank of China accounts, though there will be annual limits. The OCBC 360 account allows for very convenient withdrawals in the domestic market, without being subject to the $50,000 limit.

The second method is to use the Kraken exchange to withdraw USDT to iFAST's UK bank. Kraken also possesses a legal license, making this a legitimate option as well. However, you will also need to pay fees and face exchange rate losses.

It is especially important to note that while these methods are legal, it is best to consult a professional legal advisor before proceeding to ensure that every step complies with regulations.

Overall, the most important thing is that you can make money, and there are many ways to earn. For friends who have limited funds but want to earn more, you may want to pay attention to the Mars Dog concept supported by Musk.