Thank you very much for the trust of my friends. I would like to talk about the compliance issues of BIT and why I say that if there are problems, I will take responsibility for protecting rights.

Firstly, whether you believe it or not, my cooperation with BIT does not involve any money matters. BIT will not pay me any fees for promoting registration; although many friends do not believe this, I must clarify that we do collaborate, but it has nothing to do with money.

After all, even if it were a paid collaboration, there would be nothing to hide. I am neither the first nor the last, and I am not afraid to admit to having commercial cooperation, but this time it is indeed not a paid collaboration.

One reason for cooperating with BIT is that I have visited BIT's office in Singapore, not just once. BIT's stablecoin deposit and withdrawal license is based in Singapore, which means that BIT can accept stablecoin direct deposits and withdrawals as everyone now knows. This part of the compliance license is in Singapore, so if any problem arises, rights protection can be pursued in Singapore.

Furthermore, BIT itself and my contacts in Singapore have very close communication with the regulatory authorities. If BIT really has problems, complaints can be directly lodged in Singapore. By the way, the person mentioned also has a presence in Singapore, so there’s no escape.

Secondly, BIT has a brokerage license from Bhutan. I have seen the licensing documents, and it is indeed capable of conducting brokerage business. This is written on BIT's official website, and any compliance questions can be found under "Regulatory and Licensing Information."

Again, I apologize for the incorrect description I made earlier. BIT itself is not a U.S. compliant brokerage. In the U.S., BIT operates as an Introducing Broker under the U.S. regulatory framework. If BIT closes down, customer accounts will be with the clearing house. Through the U.S. ACATS system, it is very easy to transfer assets to other brokerages that accept clearing agreements.

SEC Rule 15c3-3 indeed requires brokerages to strictly separate customer assets from their own funds, keeping them in designated custodial accounts. Therefore, even if a brokerage goes bankrupt, customers' stocks, bonds, and cash are not included in the bankruptcy estate, and creditors cannot touch them.

Users who open accounts through BIT ensure that the underlying clearing brokerage is a regular licensed institution regulated by the SEC, thus guaranteeing asset safety. Currently, assets are directly held in U.S. officially licensed clearing institutions (RQD and AVS).

Therefore, in terms of the complete chain, BIT can be considered a compliant brokerage. It can engage in securities account opening and trading. Moreover, I have previously conducted popular science: as long as it is a compliant brokerage, there are no liquidity issues, since all liquidity is connected to exchanges such as the NYSE and NASDAQ.

Because of this, I can say that if BIT really has issues that cause losses to users, I can help protect their rights; compliance is the bottom line in brokerage collaborations.

Currently, BIT has a promotion that ends at the end of May!

1. If the first deposit is greater than 1 USD (USDT) and completes U.S. stock KYC, a cash bonus of 20 USD will be given.

2. Completing KYC upon account opening can earn a 100 USD fee voucher.

3. Rewards will automatically appear in users' accounts in early June.

Referral link: https://bit.bshareweb.com/newRegister/cn?invite_code=C8TPR8

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