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The domestic regulation of Web3 is becoming increasingly strict, especially regarding deposits and withdrawals. Everyone should be able to feel this.
Cases of C2C accounts being frozen or blocked happen almost every day, and I also had friends who got caught before.
So in the past six months, I have mainly been using the BG Wallet's U card.
I recently tested it out, and the exchange rate was even slightly better than C2C, which was quite surprising at the time.
But besides the exchange rate, there are many other benefits: directly linking Alipay for spending, eliminating the risk of receiving dirty money or account freezes.
With a monthly fee rebate within 400U, daily expenses are basically covered and very convenient.
In the past, every time I withdrew via C2C, I had to pray I wouldn't encounter dirty money. Now, I can skip that step.
Having a relatively safe channel for deposits and withdrawals is really important now.