Recently, I have asked in private messages, how to get from the currency circle to the United States and Hong Kong stocks, or share this path, the whole process fee is about 20 U. Step 1: Sign up for Binance · USDC ready · Through the SOL chain, extract to the Backpack · To prevent the certificate of origin from being appended in the future, export the bill for backup Step 2: Sign up for the Backpack · Complete all levels of KYC · Transferred via the SOL chain USDC · Withdraw money in fiat currency and fill in the bank collection information · USDC and USD will be automatically exchanged 1:1 and remitted Step 3: Bank collection · After 1-3 days, you will receive an email from the bank in Hong Kong · Remittances from the Royal Bank of Scotland will be displayed · If it is a ZA, a 20 u service fee will be deducted, and other banks will not Step 4: Transfer money to the broker · Early registration and KYC for good beauty Hong Kong stock brokers · Then, through eDDA or FPS, the HK card is deposited into the US and Hong Kong stocks · Thus completing the whole operation It is important to note that: According to the past few times of withdrawing USDC from Binance to Backpack, if the quota is less than 2 - 50,000 u, you can apply for transfer directly in seconds. If it is above this range, there is a high probability that you will be asked to add a source certificate to the email, and then you need to pay the bill in step 1. At present, all withdrawal houses accept Binance's proof of source of funds. If you use second- and third-tier exchanges to charge USDC to Backpack or Kraken in large amounts, they may not recognize these small exchanges when they encounter supplementary source certificates, resulting in freezing. At present, Binance's bill is recognized. In terms of U.S. and Hong Kong stock brokerages, including Futu, Tiger, and Longbridge, Chinese brokerages no longer open new accounts in the mainland, but U.S.-funded brokerages such as IBKR will still open accounts. However, the more troublesome problem is that Chinese-funded securities companies have the problem of tax synchronization in the mainland, while American-funded securities companies will also have the problem of tax synchronization in the United States, which should be considered after making large profits in the future. In addition, there are several other channels on the market, such as Kraken - Europe - Hong Kong - brokerage, but the fee cost is higher than this, so I only recommend this path, I hope it will be helpful to you.
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