1. Apply for a Hong Kong card through the port (there are many online tutorials, it's very simple, currently not tightened, almost no cost except for travel expenses); if you do not go to Hong Kong, after opening a mainland card at a Hong Kong/foreign bank in mainland China, find a customer manager to apply for a Hong Kong card with lawyer notarization (for example, deposit 500,000 in HSBC to apply for an elite financial card, you can call to consult the requirements of each bank)
2. USDT/USDC -> Compliant exchange Kraken -> Compliant exchange platform Wise -> Alipay/bank
Required materials:
1. Passport; 2. ID card; 3. Address proof; 4. Tax records; 5. Employment contract; 6. Recent photo
The address proof might be difficult to obtain, but it's simpler if you have a credit card. If not, get a stamped residence proof from your neighborhood committee/village committee.
3. Exchange cryptocurrency for Hong Kong dollars or RMB through trading platforms or exchange points in Hong Kong. This usually requires going to Hong Kong in person, and it is recommended to withdraw small amounts multiple times to reduce risk.
4. Through banks in Singapore or Hong Kong: Transfer funds from Coinbase or Hashkey HK to bank accounts in these regions, then transfer to Alipay or mainland bank cards.
5. Choose Binance indemnified merchants for withdrawals, be sure to select merchants with sufficient guarantees.
Welcome to follow web3 Coin World, which updates stories about the crypto world or currencies every day. Your attention is the source of my creativity.
Binance overseas registration link: https://www.binance.com/zh-CN/join?ref=R0L9EBCX