How to transfer to HKD? (Mobile version)
Please note that the platform will automatically convert the legal currency you transfer into 1:1 to the corresponding legal currency stable currency for billing purposes on the platform. The HKD mark on the platform refers to the Hong Kong dollar stable currency. When you need to transfer out fiat currency, the platform will exchange your fiat currency stable currency on the platform in 1:1 form.
To prevent money laundering, iBTC requires that all Hong Kong dollar deposits must be purchased at least once before withdrawals are allowed.
EG: If you top up 10,000 yuan, you have to use 10,000 yuan to buy currency before you can withdraw 10,000 yuan.
If you buy $5000 bitcoins, and then the bitcoin rises, there will be $5500 after selling. If the account has (5500+5000=10500), you can now withdraw up to $5500, because the other $5000 has not bought coins, so you cannot withdraw that $5000.