๐ฅ๐ฅ ๐ง๐ฟ๐ฎ๐ป๐๐ถ๐๐ถ๐ผ๐ป๐ถ๐ป๐ด ๐๐ผ๐๐ฟ ๐ฝ๐ฟ๐ผ๐ณ๐ถ๐๐ ๐ถ๐ป๐๐ผ ๐๐ฟ๐ฎ๐ฑ๐ถ๐๐ถ๐ผ๐ป๐ฎ๐น ๐ฏ๐ฎ๐ป๐ธ๐ถ๐ป๐ด ๐๐๐๐๐ฒ๐บ๐ ๐ฅ๐ฅ
1. Caution with Crypto-to-Bank Transfers: Directly transferring crypto profits to domestic banks may trigger red flags or legal issues. Safe, compliant methods exist to avoid this.
2. Method 1: BiyaPay Wallet
Move USDT into BiyaPay (U.S.-licensed) and convert to USD.
Transfer funds to Wise or OCBC for transparency and traceability.
Wise has annual caps for transfers to banks like Taobao and Zhongg.
OCBC 360 allows more flexibility with withdrawals in China, bypassing the $40,000 limit.
3. Method 2: Kraken Exchange
Cash out USDT via Kraken (regulated exchange) and transfer to British banks like iFAST.
Fully compliant, but includes handling fees and exchange rate losses.
4. Important Considerations:
Consulting a legal expert is recommended to ensure compliance with local laws.
These methods ensure secure, legal transfer of crypto profits to traditional banks, though some costs may apply.
