If one day you make 10 million by speculating in cryptocurrencies... doesn't it sound great? But when you withdraw money from your domestic bank account, you are subject to risk control: the source of the huge amount of property is unknown, and it may even constitute a crime, and you will fall from heaven to hell...

Here is a method that I have personally tested and used: withdraw USDT from the exchange to #BiyaPay, which is an app with a legal license in the United States. In BiyaPay, you can exchange USDT for an equivalent amount of US dollars, and then withdraw the US dollars to Wise or OCBC Bank. Although there will be handling fees and exchange rate losses in this operation, these funds are legal.

1

From Wise, you can transfer US dollars back to Alipay, WeChat or Bank of China, but there is an annual limit.

2

OCBC Bank's 360 account can be directly withdrawn in China without the limit of 50,000 US dollars.

BiyaPay's US and Hong Kong stock trading function does not require an offshore account. You can trade US and Hong Kong stocks on BiyaPay by recharging USDT. This function is particularly suitable for users in the cryptocurrency circle who want to invest in US and Hong Kong stocks. For cryptocurrency users, not only can they trade cryptocurrencies, but they can also deposit and withdraw money without freezing their cards. The process of opening an account with a brokerage firm is cumbersome, it is difficult to deposit and withdraw funds, and problems with US and Hong Kong stocks can all be solved by BiyaPay!