Yuan Pay Group does not require any subscription fees to create an account. Users must, however, deposit a $250 minimum balance upon registering to make transactions. Founded in 2013, Bitcoin Wisdom strives to provide informative and accurate bitcoin news, price predictions, investing guides and exchange reviews.
- Users have also reviewed it over fifty thousand times on TrustPilot and other independent consumer review platforms.
- The first step involves opening an account on the Yuan Pay Group website, which doesn’t cost anything.
- The funds will be stored in a wallet on the linked broker’s platform and subject to the broker’s security standards and procedures.
- However, it’s still necessary to spend between 20 and 30 minutes each day monitoring your account to stay on top of trends and new developments.
In other words, it’s useful for both new and experienced traders alike because it’s designed to be user-friendly. We’ve conducted extensive research and an in-depth review of the data to prove that the Yuan Pay Group is a genuine trading platform. The cutting-edge auto trading platform will change the way we think about cryptocurrency once the Chinese government introduces the e-Yuan.
Final Thoughts On Yuan Pay Group
As per the vendor info, the project is a crypto payment service that is focused on the huge population in China. The company is waiting for the Chinese government to launch the e-Yuan so it can start trading it. Additionally, the Yuan Pay Group trading platform Web Site analyzes the cryptocurrency market 24/7 using complex mathematical algorithms. With the obtained data, it notifies its users of potential market fluctuations and offers graphs and charts so traders can see what’s going on and learn more about trading.
The private sale is ongoing as the e-Yuan continues to gain value. Yuan Pay Group is reportedly among the world-leading payment solutions providers. This company has supposedly been contracted by the government of China to implement other solutions. Poloniex The experience makes it the best implementing partner for the e-Yuan. The e-Yuan will supposedly be the first state-backed crypto for China. It’s currently in the private sale stage, and those who buy now will reportedly enjoy insane profits.
William Foster is a editor for the Central Asian and European region. Before he worked as an editor at Acuris where he was responsible for documents on startups, private equity deals, fundraising, developments and editorial direction. His most memorable time was at Reuters, where he was both a reporter and editor for various teams.
Disadvantages of this trading platform
If you want to use Yuan Pay Group, do so in conjunction with your own trading strategy. Set trading parameters to open Yuan Pay Crypto Trading Bot Review at Scammerwatch.com and close trades that you can afford. The robot monitors the crypto market and makes trades without intervention.
No withdrawal fees –If you have made a trade and want to withdraw your earnings, the platform will not cut fees. Traders have an easy time with fast and easy transactions without the worry of high withdrawal fees. From the features and promises offered by the company and our assessment of the platform, we find this is not a legitimate service. You stand to lose your investment if you fall prey to the marketing gimmicks of such services. Due to the high-value potential of e-Yuan, the company expects the digital currency to exceed the price of bitcoin in the forthcoming year.
Safety of Yuan Pay Group and the Network
There are fake Forbes articles with images of Chinese billionaires and the words “digital Yuan”, and “Chinese digital currency” next to them. While the articles may be authentic, the images and content is taken completely out of context and used in a very manipulative manner. We have added images of this above as a point of reference for you to see.