About BiyaPay

BiyaPay was founded in 2019 and is headquartered in Singapore. It is a global multi-asset wallet and trading platform. Its most notable feature is support for real-time exchange rate quotes and conversions for more than 20 fiat currencies and more than 10 major cryptocurrencies, helping users access faster, lower-cost, and smoother online international remittance services.

At the same time, the platform is also a specialized funding and withdrawal tool for US and Hong Kong stocks. Users can deposit USDT into BiyaPay, convert it into USD or HKD, and withdraw it to a bank account under their own name for funding major brokerages. The process is fast and convenient, has no transfer limit, and can basically achieve same-day transfer and same-day receipt, significantly easing the funding challenges investors often face.

Sign-up Bonus

New users who register for BiyaPay through our link can get an instant 16U rebate on their first registered transaction, plus 20% cashback on trading fees!

The detailed rules are as follows (here, 10U = $10usd, and it can be exchanged directly in the APP):

  • New users who register for BiyaPay and complete their first remittance or fiat withdrawal within one month of registration will receive 10U in cash cashback.
  • New users who register for BiyaPay, complete their first deposit within one week of registration, and complete their first US or Hong Kong stock trade within three months can receive a 6U cash reward.

Business Services

Global Online Remittance

BiyaPay offers global services with no minimum threshold and no handling fee, supporting more than 20 major fiat currencies such as USD, EUR, GBP, HKD, and JPY. Users can also check and exchange real-time rates for dozens of major cryptocurrencies at any time, enabling faster, lower-cost, and more accessible international remittances. The platform supports a variety of remittance use cases, including overseas investing, tuition or living expenses for studying abroad, immigration, labor-related payments, and property purchases.

Key features:

1) Flexible multi-currency exchange

BiyaPay supports real-time exchange rate lookup and conversion for more than 20 fiat currencies and more than 10 major cryptocurrencies. It also offers global remittances, online payments, fiat/crypto exchange, and online deposits and withdrawals.

2) Fast and convenient remittances

BiyaPay currency exchange and remittances are handled entirely online through the app or website. No in-person transactions or bank counter visits are required, and users can make instant transfers worldwide.

3) Low fees with BiyaPay

There are no physical branches; everything is handled online, which saves both time and cost. BiyaPay charges a 1% global remittance fee. Compared with traditional remittance methods, such as bank SWIFT international wires starting at $30-50, or Wise fees of 1.5%, it offers a certain pricing advantage.

4) High security

Users can track remittance status in real time inside the APP for immediate use after transfer. BiyaPay is also building a global remittance network and obtaining local financial service licenses in various countries/regions, making fund flows clearer and its security capabilities more widely recognized.

5) No transfer limit

Platforms such as Wise and Panda Remit have amount and policy restrictions, while BiyaPay's crypto-to-fiat exchange has no limit and supports instant transfers. Users can think of it as a combination of the remittance strengths of Wise and Panda Remit plus some of the useful features of exchanges like Binance/Coinbase. In other words, it is a borderless payments tool for cross-border transfers.

A Specialized Funding and Withdrawal Tool for US and Hong Kong Stocks

BiyaPay covers major securities markets including the US and Hong Kong. As a funding/withdrawal tool for US and Hong Kong stocks, it can use ACH (with zero bank-side fees) to fund Charles Schwab. It can also convert funds into USD/HKD within BiyaPay and withdraw them to a bank account under your own name before funding your other brokerage platforms. It is fast, has no limit, and can basically deliver same-day transfer and same-day receipt, helping solve investor funding and withdrawal difficulties.

Features:

1) USDT and USD 1:1 exchange

It supports real-time exchange between cryptocurrencies such as BTC and USDT and fiat currencies such as USD and HKD. Among them, USDT can be exchanged into USD at 1:1. Users can deposit USDT and convert it into USD or HKD to fund major brokerages, helping solve the difficulty of brokerage deposits.

2) No limit for more flexible asset allocation

BiyaPay's funding and withdrawals for US and Hong Kong stocks have no amount limit, and fees can be as low as 0.5%. Users can also withdraw funds for forex, commodities, and other investments, helping you achieve more flexible asset allocation.

3) Send today, receive today

BiyaPay's online remittances are paid out by regulated remittance institutions, basically resulting in zero bank risk controls. It supports local transfers in most countries and regions around the world, with faster settlement and higher efficiency, and can generally achieve same-day remittance and same-day receipt.

4) More convenient withdrawals

It supports converting fiat currencies such as USD and HKD into cryptocurrencies, then making on-chain withdrawals to an exchange and selling into a local bank account, making withdrawals more real-time and helping investors move funds back home.

Regulatory Licenses

It holds licenses issued by regulators in the US, Canada, and other jurisdictions, and continues to conduct safe and compliant business globally.

Wise

1. United States

It holds an RIA license registered with the US Securities and Exchange Commission (SEC) and is regulated by the SEC.

It also holds a financial services license issued by US MSB and is regulated by US MSB.

2. Canada

It holds a financial services license issued by Canada MSB and is regulated by Canada MSB.

How to Use BiyaPay to Quickly Fund a Brokerage Account (Using Charles Schwab as an Example)

Steps

  • Click the link to download the BiyaPay App, tap “Register,” enter the account-opening page, and fill in your email information. The process can be completed in just three steps.

Tap the upper-right corner to enter the personal center and complete identity verification.

Deposit USDT and exchange it for the equivalent amount of USD with no fee. On the App home page, tap “Transfer In,” choose “On-chain Deposit,” and deposit USDT:

Tap the “Flash Exchange” page. After the USDT deposit arrives, you need to first convert USDT into USD via flash exchange:

  • Next, tap the upper-right corner to enter the personal center, tap “Bank Account,” and then tap “Add Account.”

Choose the account type you want based on your needs. In most cases, you should choose a personal account. Then tap Next and fill in your personal information:

  • After filling it out, submit the account for review. In most cases, approval is completed the same day.
  • On the home page, tap “Transfer Out,” then tap “Withdraw to Bank Account,” choose the currency, enter the withdrawal amount, and tap Next to withdraw to your linked bank account.

Next, you only need to wait for the funds to reach Charles Schwab; if you withdraw during US business hours, the funds may arrive the same day.

Notes

After opening Charles Schwab, the platform will provide you with two receiving accounts: the one with bank name JP Morgan Chase is for receiving funds within the US, and the one with bank name Charles Schwab Co. Inc is for receiving funds from outside the US.

The Charles Schwab domestic US receiving account is suitable for smaller receipts, and a single transfer should not exceed $40,000. BiyaPay will send the funds out via ACH. The Charles Schwab international receiving account can handle single transfers above $40,000, and BIyaPay will send the funds by wire transfer.

In summary, funding Charles Schwab through BiyaPay with USDT has the following features:

  • Fast arrival time (credited the same day during US business hours)
  • ACH single-transfer limit of $40,000, which is generally sufficient
  • No risk controls
  • Limited loss (USDT exchanged into USD at equivalent value, withdrawal fee 1%, minimum $20)

Wealth Management Products

This APP also offers wealth management products with annual interest rates of up to 7.2% APY, which is quite attractive.

Summary

This APP is mainly suitable for users who need large cross-border transfers and want to remit money to the US and other countries for investing through cryptocurrency. However, users in mainland China generally need to buy usdt on exchanges such as Binance or OKX, or have their own channels to exchange for u, and then deposit usdt into the BiyaPay APP. Since this APP is relatively new, it may be best to start with a small amount first and increase the amount later if your experience is good.
For users who have questions about registering and opening a BiyaPay account, you can contact BiyaPay customer service for one-on-one guidance on account opening and funding:

Sign-up Bonus

  • BiyaPay registration link (Get an instant 16U rebate on your first registered transaction, plus 20% cashback on trading fees!)