New Choices for Cashing Out Virtual Currency, Safe and Legal Tips

In Hong Kong, the virtual currency market has attracted many investors from the mainland, all hoping to convert their virtual currency into cash. However, Hong Kong's withdrawal policy has changed, and each person can now only carry a maximum of 20,000 RMB in cash when leaving the country. Whether in cash or other forms, once this limit is exceeded, funds will find it difficult to smoothly enter the mainland.

So, is there a safe way to cash out 'U' (USDT, a type of virtual currency)? Today, I will introduce a feasible solution, recommending the legal cash-out APP — #BiyaPay.

It is important to clarify that in many countries abroad, trading cryptocurrencies is considered a legal investment activity, which means that the profits you earn in the crypto space are not illegal gains.

If you want to cash out without worries, you can follow these steps: First, transfer USDT from the exchange to the #BiyaPay e-wallet, then exchange it for USD or other fiat currencies at a 1:1 ratio within #BiyaPay, and subsequently withdraw it to banks such as Wise or OCBC, and finally transfer it directly to a bank card, Alipay, or WeChat in the mainland.

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