🚨🚨 Legal Methods for Transferring USDT to Traditional Bank Accounts 🚨🚨
1. Using BiyaPay Wallet:
Step 1: Transfer USDT to BiyaPay, a licensed U.S. wallet.
Step 2: Convert USDT to U.S. dollars within BiyaPay.
Step 3: Transfer funds to banks such as Wise or OCBC.
Wise: Allows transfers to banks like Taobao, Xinxin, or Zhongg, but has yearly transfer limits.
OCBC’s 360 Account: Enables cash withdrawals in China without the $50,000 foreign transaction limit.
Considerations: Expect handling fees and exchange rate losses, but funds remain traceable and compliant with regulations.
2. Using Kraken Exchange:
Step 1: Withdraw USDT through Kraken, a fully licensed exchange.
Step 2: Transfer funds to iFAST, a British bank.
Considerations: This method is legal but involves handling fees and exchange rate fluctuations.
3. Legal Advice:
Always consult a legal advisor before proceeding to ensure compliance with local and international regulations throughout the process.
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