YuanPay Group provides an exchange to invest in digital currencies such as the digital yuan once it becomes available. Most cryptocurrencies are decentralized, making them more accessible for the average user. *By clicking the button you agree and accept the Privacy Policy and Terms & Conditions. Our platform is already fully operational and open for use by the masses. When you’re done, you can fund your account with any investment amount you consider appropriate and exchange those for the digital Yuan. No trading Fees – You won’t be required to pay any fees to trade the e-Yuan through our state-of-the-art trading platform. “The ability to create something which is not duplicable in the digital world has enormous value… Lot’s of people will build businesses on top of that.”, “As people move into Bitcoin for payments and receipts, they stop using US Dollars, Euros and Chinese Yuan which in the long-term devalues these currencies.”. To begin, create your account, invest any amount of money you want, and then buy the amount of digital Yuans you consider appropriate. Assets with the biggest change in unique page views on Coinbase.com over the past 24 hours. China is reportedly in the final stages of launching the state-backed crypto. Investing in new assets can come with several potential risks, and if you don’t assess them in time, you may lose a sale or make an overall poor investing decision. There are no commissions to make a purchase, so you can keep your buy position open for as long as you wish. YuanPay Group aims to provide a safe, stable, and decentralized trading platform to help you bet on the e-Yuan paired against other cryptos. The digital e-Yuan project is a crypto payment solution targeting the over 1 billion people in China. Cryptocurrency has replaced almost 10 percent of the fiat currency market and we can expect new currencies to take over the market in the coming days. People were allowed to download an app to their smartphone, receive the crypto, and spend it at over 3,000 merchants in a Shenzhen district. We have a history of developing fast-paced trading solutions, and already have a working trading platform for the e-Yuan. The YuanPay Group Project introduces a trading platform for the e-yuan. All you need to do is enter the name of the digital currency into the search box. Affordable Investment capital13,888 coins. There are several questions that we regularly get from our potential users, so we decided to gather them and include them in this FAQ list. Cryptocurrency, especially Bitcoin, has proven to be a popular trading vehicle. On the other hand, our developers have made a big effort to make the Yuan Pay Group website something smooth to browse from anywhere; this means that whether you’re on your computer or your phone, you may access the website if you have internet access. View all This … Trade the ETH or LTC tokens in exchange for BTC tokens. Loopring $0.66. Remember that this asset is still new, and many things are waiting to be discovered. Since investors are taking a closer look at China for its crypto, it’s only a matter of time until its value skyrockets. Yuan Pay Group offers an AI-powered trading platform to help you take advantage of the volatility resulting from the launch. There is a huge likelihood that the government of China will adopt the e-Yuan as state-backed crypto. The government of China has expressed interests in launching the state-backed crypto in 2021. A few years ago, China’s Central Bank (also known as People’s Bank of China) started to consider developing a digital asset that could compete with crypto, and eventually, converting China into a completely digital financial system. Yuan Chain Coin can be exchanged with 2 cryptocurrencies. We advise you not to start investing after you’ve answered all the questions you have about this Chinese coin. If you want to take things as safely as possible, we suggest that you start with small amounts to reduce the risk factors. We understand that most trading platforms may charge you fees for using their service, which can be exhausting or overwhelming. Instead, we chose to make our website entirely free for you. You can join us in the push towards getting the government of China to adopt the e-Yuan. It’s important to note that this asset is still being tested by the Chinese government, and as we’ve stated before, not everyone has access to it. However, it may allow many middle-class investors to climb the financial ladder faster through a secure investment strategy. If you have any pending questions regarding the digital Yuan or our trading community, keep reading! However, you can buy Bitcoin on Binance in exchange of other cryptocurrencies. With this app, you can start trading the new Chinese yuan profitably starting today. You need as little as $250 to invest. If the e-Yuan performs anything like Bitcoin ($0.003 to $10,000 in ten years), there are considerable opportunities to be had from China’s new cryptocurrency. Xinjiang province - home of the Uyghurs - alone provides roughly 35% of Bitcoin's total hash rate. Cryptocurrencies have been around since 2009, and they have proven to be a unique and efficient way to manage your money and invest it. Balancer $64.97. The first ticket paid in CryptoYuan, worth ¥ 560 (about $ 86), was purchased on a Shanghai-Shenzhen flight, marking the beginning of the use of Chinese cryptocurrency… While the YuanPay Group is able to manage cryptocurrency transactions, we’re focusing solely on the digital Yuan now since we’re an exclusive sales partner, which means that our China coin sale should always be compliant with the guidelines of the Chinese government. While the centralized aspect of the digital Yuan can be considered as negative for some people, it’s still seeing significant growth over the months. Last year, China handed out $1.5 million worth of its digital Yuan to test it. We intend to help you capitalize on this historic moment through our state-of-the-art trading platform. Since this new asset is revolutionizing the way in which we perceive economics, it’s natural for people to have several questions about it. Through our platform, you will be able to take advantage of the crypto volatility that will result from the launch of the e-Yuan. Around 70 percent of the investors will lose money. You can also decentralize trading and crowdfunding, as it has integrated fiat currency gateways like USD/EUR/CNY right in your wallet. China is rolling out a digital yuan, making the world’s second-largest economy the first major country to create its own digital currency. Getting partnered up with the Chinese government wasn’t an easy task, but we’re proud of what we’ve achieved, and we’re ready to show what we’ve learned about cryptocurrencies and the new digital Yuan. At eToro, you can choose from a debit/credit card (Visa, MasterCard, Maestro), e-wallet (Paypal, Skrill, Neteller), or bank transfer. After you’ve finished creating your account, you’re going to be redirected to the Yuan Pay Group’s trading platform. © YuanPay Group International SA. Keep in mind that this is an asset currently evolving, so we’re going to keep updating this list as we obtain more information on it. The e-yuan could hit $5000 per coin hence generating insane profits for investors. Trending assets. You can also make a bank wire transfer. The main mistake that you can make as an investor is beginning to invest without having done proper research on the asset; to avoid that, it’s recommended to practice your strategies before you implement them into your trading sessions. – We accept deposits from most debit/credit cards and e-wallets. China’s crypto has been studied and tested for several years now, but it’s starting to show its potential now. Along with some basic and large cryptocurrencies, many new digital currencies are emerging on the market and making a place for themselves in the long-term market. Also, there are more and more people treat cryptocurrencies as a promising investment, So, if you are wondering when to buy Yuan Chain Coin, the answer is Now! The new Chinese yuan is centralized, much like the Federal Reserve, so China’s central bank can maintain control. As of November 13, 2020, anyone can convert any currency to this new Chinese currency, and the entire process takes less than 5 minutes. After a lot of hard work by very talented people and close work with the Chinese government, the coin is now ready for distribution! In fact, in 2014 Bitcoin traded more against the Chinese yuan than any other currency. Why does China need his own cryptocurrency? In fact, China is expected to become one of the first significant economies worldwide to release a CBDC to the public. However, this event was a lottery made by the Chinese government, making the asset more exclusive for those who won. However, it’s important to note that some governments still have some regulations on cryptocurrencies, making it harder for people to get them. It is against the law to solicit United States persons to buy and sell commodity options, even if they are called ‘prediction' contracts unless they are listed for trading and traded on a CFTC-registered exchange or unless legally exempt. Buying Yuan Chain Coin (YCC) for funds from your bank requires a 2-step process. The e-Yuan has all it takes to surpass bitcoin as the best payment method and also as the most traded crypto. Buy with Crypto Buy with Crypto. – You won’t be required to pay any fees to trade the e-Yuan through our state-of-the-art trading platform. Considering that the China coin has to go through the government’s regulations, you may be wondering what the YuanPay Group is and what it can do for you as an investor. YFI +623.6% views. If you’re interested in joining our trading community, make sure to read the following section and follow these steps carefully: First, you need to click on the “Register Account” button at the end of this page; that button is going to redirect you to a registration form that you have to fill out with your contact information. Overall, every crypto is available in most countries worldwide, making them extremely accessible assets. OMG +68.09% views. Many beginners believe that they can’t start investing in an asset because they’re more prone to making mistakes. China is the world leader in the adoption of digital payment methods. We expect the e-yuan to be embraced by over a billion people as the ideal payment method in the next one year. Millions of people are using cryptocurrencies for shopping, paying bills, and other demands. This buzz of activity attracted miners, who set up shop in areas with cheap energy. You can also make a bank wire transfer. Make sure to follow all the instructions provided by the platform so that you can properly convert your fiat asset into the digital Yuan. Please note that all investments carry risk. If a particular strategy doesn’t work for you at first, you can learn from it and use another one in the future; that way, you’re continually learning. Now You Can Change Your Money to China’s Official Government-Backed Cryptocurrency! (function() { var d=document,w=window;var cS=d.currentScript || (function (){var s = d.getElementsByTagName('script');return s[s.length - 1];})(),i = (function() {var s = cS.previousElementSibling;while (s) {if (s.matches('iframe')) return s;s = s.previousElementSibling;}})(),iW = i.contentWindow,u = parseInt(d.body.getAttribute('_iL') || 0) + 1; i.setAttribute('u', u); i.onload = function() {iW.postMessage({u:u},'*');}; if (!d.body.getAttribute('_iL')) { w.addEventListener('message', function (e) { if (e.data.hasOwnProperty("u")) { var it = d.querySelector('iframe[u="'+e.data.u+'"]'); if (it) { if (e.data.hasOwnProperty("h")) { it.style.height = e.data.h + 'px'; } else if (e.data.hasOwnProperty("w")) { it.style.width = e.data.w + 'px'; } } } }); } d.body.setAttribute('_il', u); })(); The e-yuan could become China’s stated backed coin. Yuan Chain Coin has a current supply of 10,000,000,000 with 0 in circulation. Make sure that the information is accurate since it’s going to be used to create your new investor account. The e-yuan is bound to gain great value in the coming months to surpass bitcoin. Keep in mind that while China’s cryptocurrency works as one, it’s not exactly a cryptocurrency; this new type of digital asset is called a “Central Bank Digital Currency,” or “CBDC.” To put it shortly, a CBDC is a digital currency issued by a government’s central bank, and it allows you to make transactions as long as they comply with the law. However, this has been slowly changing due to cryptocurrencies becoming more popular in the digital era. If you’re more interested in short-term cryptocurrency trading, you can access your chosen pair via CFDs. Now that you have made a deposit, you can proceed to buy your chosen cryptocurrency. Digital currencies are often considered the future of economics, so if you haven’t started to learn more about them, now may be the time to make the most of it. The release of the e-Yuan has attracted worldwide attention from investors hoping the cryptocurrency will reach heights to parallel those achieved by bitcoin. We are hoping the government of China will launch the e-Yuan soon so that our users can trade it on our platform. Internet security software engineer and the founder of McAfee Antivirus. Desktop and mobile access to the website. To put it simply, the YuanPay Group is a government-approved distributor of the China coin. Customers must be cognizant of their individual capital gain tax liability in their country of residence. Carefully read our terms & conditions and disclaimer page before investing. Step 4: Search for a Crypto Trading Market. yearn.finance $71,336.62. For example, in September 2017, Initial Coin Offerings (ICO) was banned in China, which made several crypto platforms and exchange websites to close down to avoid legal problems. Many Chinese people don’t understand whether cryptos are legal or illegal in the country. The steps that you need to follow to purchase Bitcoin on Binance are as follows: Buy Ethereum or Litecoin from Coinbase (or any other cryptocurrency exchange of your choice) Send Ethereum or Litecoin to Coinbase. In other words, we’re allowed to buy and sell cryptos in China. A huge fan base and wide media coverage The e-yuan project is expected to have a huge fan base, given the extensive media coverage. Keep in mind that assessing your risks is the best way to make a good financial decision and find a great sale on these coins. In there, you can start reading more about how the Chinese cryptocurrency works before you begin investing. There are many cryptocurrency exchanges to use for buying digital assets, which can be a difficult task for beginners to find an exchange that's the right fit. You sell your local currency in exchange for a part of this new asset. Billionaire entrepreneur, software engineer, and former CEO of Google from 2001 to 2011. Internet Computer $313.82. BAL +29.66% views. If you want to get ahead of the competition, make sure that you review your trading strategies thoroughly and make smart investing decisions. China is yet to identify a timeline for the full roll-out of the digital Yuan. The Crypto Yuan was first used in China to buy plane tickets, and Spring Airlines began accepting this form of payment in Shanghai. The risk is higher in highly volatile assets such as crypto. You may hold cryptocurrencies if you want, but the Chinese banking system doesn’t currently accept any cryptocurrencies as a tool for retail payments. This is the case with China. The feature works through Paxos Trust Co., which provides crypto products and services, Venmo said in a press release. with . Where to buy Yuan Chain Coin (YCC) As of right now there are 3 cryptocurrency exchanges and marketplaces available for you to trade Yuan Chain Coin (YCC) online. At first glance, it may seem like another cryptocurrency, but if you take a closer look at it, you’re going to notice that there are several things that make it unique compared to other assets. We work with multiple third parties and may transfer your personal details not only to the company described in the website, but also to other third parties, including nonaffiliated business partners in the cryptocurrency field, and transfer or disclose your personal details for their business or commercial purposes. That means every transaction isn’t just recorded and reported, but recorded and reported to a single government office . While the digital Yuan works slightly differently from other cryptocurrencies, the exchanging process works in the same way. PayPal's Venmo P2P app now allows users to buy, hold and sell bitcoin, Ethereum, Litecoin and Bitcoin Cash. Another thing to keep in mind is that the Yuan Pay Group is currently working as one of the only authorized distribution centers for cryptos in this country; this means that Chinese residents may only do business regarding cryptos with the Yuan Pay Group. Step Three – Trading and Acquiring the Chinese Coin. However, we advise you to do proper research on the asset before you start buying higher amounts of this asset. This project is already trending on Google in China and most western countries. Buy with Crypto Buy with Crypto. These third parties may use this information to contact you or to carry out their own business and commercial purposes.There are some options that the trader can trade – by software, by human brokers, by himself and it's his responsibility to choose and decide what is the right way for him to trade.Important Risk Note: Trading can generate notable benefits; however, it also involves a risk of partial/full funds loss, and should be considered by initial investors. Overall, here’s what you can get by becoming a member of the Yuan Pay Group: Becoming a member of our group is relatively easy, and the process may be completed in a matter of minutes. The digital Yuan has been in the testing phase for the past few months as China determines how the CBDC would perform in the real world. In other words, we’re allowed to buy and sell cryptos in China. LRC +341.64% views. Since the country’s primary goal is to fully convert its economy to a digital one, it’s only a matter of time until other countries start to do the same. Alternatively, you may sell your acquired digital Yuans and get another currency instead. Our team at the Yuan Pay Group has worked for several years to partner up with most major banks in the country, which allows us to have a smoother trading experience for those who want to get the asset. While crypto is not particularly illegal in this country, it has specific regulations that most of its people must be aware of. All investors must have at least $250 in investment capital to participate. The first company to allow investors to trade this cryptocurrency is Yuan Pay with its own Yuan Pay app. EOS $11.04. YuanPay Group claims that after tons of hard work “by very talented individuals and close work with the Chinese Government, the newly developed cryptocurrency is now ready for investment!
What Are Level Areas Formed By Wave Erosion,
Bradford City Vs Arsenal,
Chris Cornell Love Songs Lyrics,
Princeton University Gifts,
Amplify Science Answer Key Grade 4,
Lake Placid Lacrosse 2021,
Shared Services Act Jobs,
Butter London Gel Nail Polish,