Yuan Pay Group it's trustable? Read Before Investing
With the popularization of cryptocurrencies and the large number of people investing in this field, several online investment platforms emerged, seeing this, China, as a power, could not be left out and created its own internet trading company. O Yuan Pay Group began to take shape in mid-2014, in partnership with the Chinese government, and finally managed to launch China's first cryptocurrency trading platform.
Nowadays, the digital Yuan currency has become accessible in all countries and has been a strong source of investments for those who like to invest in the digital market.
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But is that all they are talking about? In this Yuan Pay Group review you can follow everything we find about this platform, answer your questions and decide if it is worth investing and check if Yuan Pay Group is a scam or reliable. Check down below.
What is Yuan Pay Group?
O Yuan Pay Group, for now, is the only company in the world market authorized to distribute a digital Yuan and licensed by China for real-time trading of cryptocurrencies. It is worth mentioning that in 2017, China declared the trading or exchange of any type of digital currency prohibited, but with the emergence of Yuan Coin, this scenario is changing, making the country join the cryptocurrency fight.
Beginning in 2010, YuanPay Group began partnerships with major banks in China to begin legalization and update laws regarding the purchase and sale of cryptocurrencies.
Nowadays, the Chinese group is the only one in the authorized and legalized world to be able to operate within the Asian country, resulting in a total overhaul in the country's financial market and in the rest of the world.
Is YuanPay Group a Scam?
During our research to discover this new cryptocurrency, we saw many user reviews about the YuanPay Group. The vast majority of online brokers receive Chinese digital currency very well.
The Yuan Coin, or e-Yuan, has co-production with the Chinese government, this already gives a certain security, helping the user to have a stronger support and a solid base. Not to mention that we saw several articles in magazines about digital currency trading, where they support the platform's reliability.
Furthermore, the Chinese digital currency is the only one legalized in China and already has more than 1 billion followers on the platform.
How to Live Aligned with Yuan Pay Group work?
The Yuan Pay Group has a cryptocurrency exchange system with incredible efficiency. The Chinese platform does not base its profits on market results and uses state-of-the-art technology, aligned with heavy advertising and extremely efficient marketing.
The platform is not only used as a financial services software, nor is it just an automatic, or faster, way to attract traders and new customers to third-party brokers. The user must verify all brokers and the legitimacy of their country's operation.
As much as YuanPay accepts all types of cryptocurrencies it is only used for trading in Chinese electronic currency, so stay tuned, because if you want to sell or withdraw, you need to see if the country in which you are accepting the type of trading.
How to open an account on Yuan Pay Group?
First of all, you need to access the website Yuan Pay Group to be able to register and get full access to benefits. Once on the website, just enter your full name, email, phone, create a personal password and go to the next step.
The YuanPay Group asks for an initial deposit, as it is necessary to buy the first Yuan coins to start investing and trading, since without this, you cannot use the software.
The whole process of opening an account is easy and simple, fast, we will show you step by step below.
- Registering your account
As we said, you need to access the site and enter your name, email, phone and create a personal password. A confirmation email will be sent and an SMS as well, so it is very important to enter your official email and phone number.
It is very important to provide your data correctly, as everything will be verified. After your confirmation, click on “register” and proceed to the next step.
- Initial deposit
Right after registration, you are directed to the page to be able to make your deposit for the purchase of Yuan Coin, unlike most companies that ask for the initial investment in dollars, the purchase, for now, is made in euros.
O Yuan Pay Group asks for 250,00 euros of initial, for the acquisition of Yuan Coins. The site accepts different types of deposits, but the most used are credit cards, bank transfers and digital wallets like Skrill and so on.
Remember that this initial deposit will convert to Yuan Coin, from 1,00 to 1,00. That is, you will have $ 250,00 Yuan Coins to invest.
- Starting with investments
O Yuan Pay Group gives the new customer the possibility to use a demo account. This account allows you to learn and get used to the tools available on the platform, it helps a lot, especially those who are starting to venture into the field.
If you already want to go straight to the negotiations, just skip the demo account and go straight to the sale of your Yuan Coins. The site makes available to all other platforms that are in the investors' portfolio, so just decide how much you want to invest and choose the one that best fits your profile.
The negotiations take place in real time, the user follows everything. Depending on the broker you choose, the price will vary, as will the time and time of exchange.
As soon as a trade is made, your profit goes straight to your website's virtual wallet and is converted into Yuan Coin.
As we already mentioned, the price of the Chinese digital currency fluctuates and the user needs to keep an eye on the up and down values in the international market.
Is YuanPay Group safe?
On the website of the Yuan Pay Group you can see all necessary credentials to ensure user security. Not to mention the entire registration and deposit process that works reliably and proves the seriousness of the platform.
It is always worth emphasizing that the company has full support from the Chinese government. This shows that everything will always be very clear and inhibits those who tend to try to defraud anything.
Many Chinese billionaires seem to be behind this project of virtualizing Chinese money. People from big companies that have a connection with the Chinese government seem to be involved in the creation of this project, with the aim of creating something as grand or even bigger than Bitcoin.
Because of that, the Yuan Pay group follows the same model as other online trading platforms, or Bitcoin robots like BitcoinPrime.
Is there a Yuan Pay App?
O Yuan Pay Group it is very modern, high performance, eliminating the need for an application. Just being connected to the internet, using any browser and it works the same on your smartphone, whether Android or iOS, the user can enjoy all the platform's tools. However, we have identified that there is no specific Yuan Pay app to download from app stores.
Yuan Pay Group review - The verdict!
With the success of electronic coins, it is normal for rumors of fraud to appear. But during our research, we saw that the Yuan Pay Group takes the entire e-Yuan investment process very seriously.
As the only company authorized to trade cryptocurrencies in China and the only one to sell Yuan Coins, or e-Yuan, it is clear that the company is legitimate and removes any suspicion of fraud that may fall when talking about the Asian company's cryptocurrency.
It is very important to remember that any type of trading that involves money has advantages and risks. So it is very important to know and understand your limits and how far you can go. Make the investment at your own risk, see if you can and have the time and money to make your operations in the market available.
FAQ
Is Yuan Pay Group a scam?
The YuanPay group's platform appears to be 100% functional, and according to the main website, many people have already profited by investing in Yuan digital money.
How much can I profit from YuanPay Group?
On the YuanPay Group website, they claim they can profit more than 88% from the initial $ 250 USD deposit. But there are testimonials from people who have profited three times that amount. Potential gains are based on market price changes in relation to the current e-Yuan value. That is why choosing your broker is essential. Do a thorough search to see all your options and start investing. We cannot confirm this data, but according to the website there are people who have obtained the desired profit.
How do I withdraw my profits with YuanPay Group?
O Yuan Pay Group offers different ways to withdraw your profits. Options range from credit cards to eWallet. Just choose the best way for you and withdraw your payment.
Is there a celebrity who endorsed the YuanPay Group?
There are several Chinese billionaires who claim to have invested in China's digital currency, the Yuan. However, it is not possible to confirm with certainty whether any of them have endorsed the Yuan Pay Group.