Many people go to Hong Kong when they hear that it is safe to leave the U.S., but there is no tutorial on the entire Internet that teaches you how to convert the U.S. currency in your wallet into RMB that can be normally transferred back to the mainland through Hong Kong.
Why is this? Why can't anyone write such a simple tutorial? It's basically impossible. What does it mean to be basically impossible? It's impossible for retail investors.
If they say yes, they will usually teach you how to apply for a Hong Kong bank card and then ask you to go to Hong Kong to get a U. How do you get one? Lu Xun didn't say that, and he didn't say that either.
Because they just want you to apply for a Hong Kong card. After all, it’s quite nice to charge you 3,500 as an agency fee. The application process is also very simple. They ask you to provide very simple information, which you could have kept when you went to Hong Kong, and then ask an insurance agent in Hong Kong to receive you. Why an insurance agent?
Because they will also recommend you insurance business, storage business, immigration business, etc. . . .
OK, the debit card is ready, what's the next step? Is it to apply for a Hong Kong phone number and register with the Hong Kong Stock Exchange?
You will find that you need address verification to apply for a Hong Kong phone number, and you need a phone number and overseas KYC identity verification to register for an exchange.
You have nothing, so others will tell you to register a HKD exchange.
I registered on the HKD exchange. The first coin they listed was called TIC. But after I topped up, I couldn’t log in anymore. . . .
There are only two compliant exchanges in Hong Kong that can operate normally, one is osl, and the other is hashkey. If you have been to Hong Kong and visited the places in those promotional photos, you will find that they are unreliable. Of course, those so-called BTCATM machines no longer exist or are not fully functional.
A friend of mine also encountered this problem. He recharged 4000U to HKD through B-An, but was not allowed to withdraw the money.
If you say that the recharge is a black U and that all the Us in bAn are black Us, Boss Zhao will probably beat you up.
The process this friend went through was actually very simple. He recharged HKD to test the process, then put it up for sale on the OTC market and found no merchant would accept it, so he applied for a withdrawal. This was the result!
If you don't have anyone, then you don't have anyone. You said they are black U, so the next step is to ask them to pay a deposit. If this is not a pig-killing scheme, what is it? The withdrawal on August 11 is still under review today.
This is not just a problem for one person. A friend of mine revealed that she was cheated out of 1,000U. How many people do you think were cheated?
Do you have the ability to tell whether a foreign exchange is a fake one? Can you do KYC? In short, be careful!
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