Global Broker Regulation Inquiry App
WikiFX
Moshiheya
1-2 years

Is it possible to deposit funds into my ChaoShang account using cryptocurrencies such as Bitcoin or USDT?

Broker Issues
ChaoShang
Withdrawal
Deposit
08-25
United States
WikiFX
Reply

In my experience as a trader, I always pay close attention to a broker's deposit and withdrawal methods because it directly affects my ability to move funds safely and efficiently. When considering ChaoShang, I reviewed their available funding options in detail. What I found is that ChaoShang permits deposits through bank transfers with several major banks, counter services, online banking, cheque deposits, as well as telegraphic transfers and the Faster Payment System (FPS). However, there is no indication that ChaoShang supports cryptocurrencies such as Bitcoin or USDT for deposits. For me, the absence of crypto payment options signals that ChaoShang maintains a more traditional and regulated stance, likely because they are under the supervision of Hong Kong's SFC, which tends to enforce strict operational standards. From a risk management perspective, using classic banking channels can offer an extra layer of traceability and regulatory recourse, which may reassure some traders, though it limits flexibility for those who prefer transacting with digital assets. Based on my knowledge and the available facts, I would not expect to be able to deposit Bitcoin or USDT into a ChaoShang account. If the ability to fund with crypto is a core requirement, I would recommend seeking a broker that explicitly supports this feature and verifying their regulatory status carefully.

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com