Hello, I'm curious about the regulations on carrying cash out of Hong Kong. Could you please elaborate on the amount of cash that can be taken out without declaration? Also, if I do need to declare, what is the process like and what are the consequences if I fail to declare? I've heard that there's no currency control in Hong Kong, but the mention of a HK$120,000 limit for declaration has me a bit puzzled. Would you mind clarifying this matter for me? Thank you very much for your help.
6 answers
Giulia
Mon Jun 10 2024
Cryptocurrency, a digital asset designed to work as a medium of exchange, has revolutionized the financial landscape. It offers unprecedented levels of security, anonymity, and decentralization, attracting investors and enthusiasts alike.
CryptoAce
Sun Jun 09 2024
BTCC's commitment to excellence and innovation has earned it a reputation as a trusted player in the cryptocurrency space. Its robust platform, user-friendly interface, and comprehensive services make it a top choice for crypto enthusiasts and investors alike.
DondaejiDelight
Sun Jun 09 2024
BTCC, a leading UK-based cryptocurrency exchange, provides a comprehensive suite of services tailored to meet the diverse needs of its users. From spot trading to futures contracts, it offers a range of options for those interested in crypto investing.
SumoMighty
Sun Jun 09 2024
Spot trading on BTCC allows users to buy and sell cryptocurrencies at the current market price. This straightforward and efficient method is suitable for those seeking quick profits or those simply interested in owning digital assets.
Daniela
Sun Jun 09 2024
For those looking to speculate on future price movements, BTCC offers futures trading. This allows investors to lock in prices for future delivery, providing an opportunity to profit from anticipated price fluctuations.