Which domestic Bitcoin platform can withdraw cash?

Legal domestic platforms for withdrawing Bitcoin include: Huobi: Supports withdrawing Bitcoin to bank cards. OKX: Provides Bitcoin withdrawals to bank cards or Alipay. Binance: Supports Bitcoin withdrawals to bank cards or other cryptocurrency wallets. Pay Anying: Supports the withdrawal of Bitcoin to bank cards. Gemini: Provides Chinese users with Bitcoin withdrawal services to bank cards.

Domestic legal Bitcoin withdrawal platforms

Currently in China, the platforms that allow legal Bitcoin withdrawals are:

• Huobi: one of the largest domestic Bitcoin trading platforms with complete With its own trading system and good reputation, it supports the withdrawal of Bitcoin to bank cards.
• OKX: Formerly known as OKCoin, it is also a well-known domestic Bitcoin trading platform that provides Bitcoin withdrawals to bank cards or Alipay.
• Binance: The world’s largest Bitcoin trading platform, providing Bitcoin withdrawals to bank cards or other cryptocurrency wallets.
• Paanying: A well-established domestic Bitcoin trading platform that supports Bitcoin withdrawals to bank cards.
• Gemini: An American cryptocurrency exchange that provides Chinese users with the service of withdrawing Bitcoin to bank cards.

Note:

• Before making a Bitcoin withdrawal, please make sure you have passed real-name authentication and bound a bank card and other payment methods.
• Withdrawal fees vary according to different platforms, usually around 0.1%~1%.
• The withdrawal time depends on the processing speed of the platform, and it usually arrives within 1-3 working days.
• To keep your account secure, please use a strong password and enable two-step verification.

Bitcoin Price Up Over 5%

Bitcoin (BTC) is currently trading at $64,754.91 with a trading volume of $377.392 billion. Bitcoin price has increased by 5.62% in the past 24 hours.

Price Moving Factors

The recent rise in Bitcoin price may be the result of a combination of the following factors:

• Inflation Concerns: As inflation continues to rise, investors seek to hedge the value of their portfolios.
• Institutional Adoption: More institutional investors consider Bitcoin as an asset class, increasing the demand for the cryptocurrency.
• Technical Improvements: Continued development of the Bitcoin Lightning Network increases its usefulness as a medium of exchange.

Future trend analysis

In the short term, Bitcoin prices are expected to continue to fluctuate, but the overall trend is still upward. If the current bullish momentum continues, Bitcoin may continue to move higher, but it is worth noting that in such a high-volatility market, a pullback is also possible.

Recommendations for Action

Investors should make decisions based on their own risk tolerance and investment objectives. Bitcoin remains a very volatile asset, so it's important to proceed with caution. Before making any investment decisions, thoroughly research and adjust for market conditions.

Short-Term Forecast

Bitcoin is expected to continue rising in the short term, and any pullback may provide an opportunity to buy on the dip. However, it is important to remember that the cryptocurrency market is unpredictable, so the wise course of action is to err on the side of caution.

Indicator

• Current price: 64,754.91 USD
• 24 hour trading volume: 377392 million USD
• Circulation volume: 19,726,171 Bitcoins
• Circulation market capitalization: 12,773.6 billion USD

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