The full process of withdrawing from Binance to a Hong Kong card, save and share, one day you will need it.
Recently, Binance has opened the withdrawal function, allowing you to transfer USDT to your Hong Kong card, which can be linked to WeChat and Alipay, enabling you to use the Hong Kong card for all payments, whether it's Meituan, JD, Ctrip, Taobao, or small shops on the street, all can be paid with the Hong Kong card.
Moreover, if I link my WeChat with Zhong An Bank, there are no extra fees for consumption over 200 RMB, which is very convenient. It's important to know that the U card charges a fee for consumption exceeding 200 RMB.
The most critical point is that withdrawing with a Hong Kong card is completely legal, so you don't have to worry about receiving dirty money or getting your card frozen. Previously, I always used Binance C2C, but after seeing the news circulating online, I was always worried about getting my card frozen.
The Hong Kong card I use is from Zhong An Bank, which has no annual fee and does not require a pre-deposit; you can open one as long as you connect to Wi-Fi in Hong Kong. Compared to the complicated procedures of traditional banks like Bank of China Hong Kong and HSBC, Zhong An Bank is very suitable for beginners. In fact, I opened an account with Zhong An Bank in 2023 but had not used it until recently when an opportunity arose. I will write a tutorial on how to register for Zhong An Bank when I get the chance in the future.
The main fee for withdrawing from Binance is a remittance fee of $25, regardless of how much you withdraw, it is always $25. Other fees include the exchange rate loss from USDT to USD, which is very small and can almost be ignored. Binance states that the arrival time is within 5 days, but I have tested it and it arrived in about 24 hours.
See the full process of withdrawing from Binance in the picture ⬇️