Generally speaking, it is very important to do foreign exchange trading, and this is what Tianyan often says. What are the usual ways of withdrawing and withdrawing money in the foreign exchange market? Which method is relatively safe and convenient, and how does the forex platform guarantee the safety of our funds? Today Tianye Jun and you know more about ~

However, before we can understand the method of money transfer, there is a precondition that we have found a platform that is regulated by a reliable overseas regulator. Regulators generally require the platform to store user funds in a separate segregated fund account to make a safe separation from the platform's own funds, and the platform can not use user funds at will, in this way to protect the safety of our funds.

So, how are our funds transferred to the platform? At present, there are three commonly used ways of accessing funds in the industry

1. Wire transfer fee

This is relatively the most traditional way, the first need to use RMB to buy US dollar foreign exchange, and then the foreign exchange through the bank wire transfer to the public account of the platform bank, the platform will transfer the user funds into the segregated account, and then the reverse, in theory, this is the safest way to access the gold, but now the industry used very little.

The reason:

1, wire transfer speed is slow, regardless of deposit or deposit, at least 1 to 3 days, which for most people traders, this speed is unbearable.

2, wire transfer limit, as mentioned above, only $50,000 per person per year foreign exchange quota.

3, the wire transfer fee is more expensive, regardless of the deposit or deposit, in addition to the exchange rate difference, each wire transfer also needs a 10-40 yuan fee, the cost is higher

2. Virtual currency access

Virtual currency deposit is a method of deposit that has emerged in recent years, such as through the USDT virtual currency. USDT is a virtual currency pegged to the US dollar, and generally maintains a 1:1 conversion ratio with the US dollar, which is equivalent to the US dollar in the virtual currency.

The advantage of virtual currency is that it does not need to go through the bank, it can directly transfer funds from the personal wallet to the platform wallet, which is very convenient and fast, and a remittance can be completed in a few minutes. When the platform receives the virtual currency, it will be converted into US dollars through overseas cooperative acceptors, and finally put into the fund segregation account to complete the deposit process. In the same way, the reverse operation can be done.

However, virtual currency access to gold also has some drawbacks, the use of people are not particularly many. Before Tianye Jun also mentioned that some black platforms will use virtual currency fraud, the use of this way in and out of gold also has a certain risk, it is recommended that investors pay attention to screening!

The reason:

1, virtual currency belongs to a new concept of a thing, many people can not understand, the threshold of understanding is relatively high, most beginners are easy to understand, easy to make mistakes.

2, to use virtual coins to access gold, you have to register a virtual currency wallet, and then go to the virtual currency exchange to buy virtual currency, and then to transfer the currency to the platform, the whole process is more complicated, that is, the threshold of participation is relatively high.

Therefore, if you have never touched virtual coins and do not have a virtual coin wallet, it is not recommended to use this way.

3. Unionpay transfer fee

At present, UnionPay is the most mainstream and the most used way of obtaining money. Instead of transferring funds directly to the platform like wire transfers, UnionPay transfers funds to third-party personal service providers through online banking, wechat or Alipay, and then indirectly to the platform through them.

You may be concerned that I have transferred money to a third party, is my money safe? Did you finally reach the platform quarantine account? In fact, we can rest assured about this. For the platform, they are more concerned about the security of the funds than we are, and if there is a problem, the platform will pay for the loss of the customer. Therefore, they will strictly screen long-term and stable third-party service providers.

How does the third-party service provider ultimately transfer our funds to the platform's segregated account? At present, the mainstream way is still to use virtual currency such as USDT. We purchase the corresponding USDT from a third-party service provider (platform acceptor) through UnionPay according to a certain exchange rate, and the third party directly transfers the USDT to the platform virtual currency wallet. It is then converted into US dollars through overseas acceptance, and finally transferred to the platform fund isolation account.

Why has UnionPay become the mainstream?

The reason:

1, UnionPay in and out of gold faster, basically can be instant to the account, 1-3 working days, is also the industry standard level.

2, the operation is convenient, online banking, Alipay, wechat these are everyone in use, will use the tools, there is no obstacle.

3, most of the formal platform access to gold have no fees, only instant exchange difference, low cost.

In short, the above are the three common ways of accessing money in the industry. Among them, UnionPay uses the most. Which is more appropriate still needs to be combined with their own circumstances to determine.