Hi
Thanks for your response...
l want to send payments to China or Hong Kong.... please suggest platform should i use which i save and quick. I want to send 40000 USD
I thought you're trying to build a remittance platform or you already own one platform and wanted to integrate crypto currencies (I thought the "commercial use" you mentioned was for the customers on that platform).
If we already have such a platform then all will be fine, and you can use it easily. Unfortunately I guess we don't have it. (
https://easydex.net/ is trying to build one)
We do have MagicWallet(
https://www.magicw.net/) which can be used to send CNY (not USD), but I guess it's only for individual use but not for "commercial use" (E.G. nobody would provide invoice aka "Fa Piao").
So, now you're trying to send payments for yourself, and is USD, and is only 40K, and is for "commercial use". I've mentioned the steps above
Basically, if sender has fiat only and receiver want fiat only, the process is: the sender locally buy certain crypto currency from someone (e.g. you, or an exchange, or other service providers), then send the crypto currency to the receiver, then the receiver locally sell the crypto currency for fiat.
To be safe, firstly I'd recommend that you check with your lawyer and your recipient's lawyer to see if it's legal to do so, and how many legal issues will be involved. Then you can check how much fee/cost would be involved. I guess it doesn't worth the efforts at this stage.