Is virtual currency legal? It is already legal, I will tell you the way
1. Bring cash RMB to Hong Kong
2. Deposit in a Hong Kong bank
3. Exchange for US dollars and remit to Schwab
4. Buy Bitcoin spot ETF
If you think any node in this path is illegal, welcome to contact me
Tips:
1. The best way to remit from Hong Kong to Schwab is to exchange currency through ibkr and remit via ACH, followed by wise, and the most expensive is to exchange currency through a bank and wire transfer
2. ibkr is essentially a brokerage firm and cannot be used only for currency exchange. It is recommended to buy some US stock index ETFs, sell them directly and remit to Schwab when you want to exchange currency, and then remit to ibkr to buy back the index ETF and hold it, or it would be better if you have the habit of buying US stocks. In short, you need to settle the funds for each transfer.
I can also teach you how to use your earnings for daily consumption
1. Withdraw cash from Charles Schwab to IBKR via ACH
2. Exchange IBKR into RMB and withdraw to HSBC bank card
3. Use HSBC Mastercard Debit Card to withdraw cash from HSBC ATM
Tips:
1. Of course, it is best to swipe your card in places where you can swipe your card
2. Taobao can directly pay in Hong Kong dollars by switching the region to Hong Kong
3. WeChat Wallet has a Hong Kong region, and some merchants can pay
4. Alipay can directly bind Hong Kong cards, and some merchants can pay
5. Wise can directly transfer money to your Alipay, but it is not recommended, it is suitable for small purchases
Want to know more about sharp operation strategies? Which potential coins are ambushed in advance? Hurry up and contact Caishen through the homepage, and the exclusive bull market strategy deployment will only be shared free of charge with my fans! Seize this bull market, let your wealth soar like a rocket, and become a winner in life!
