Last Updated on May 19, 2021
Crypto currencies are here to stay. However, it will take some time before they are in the league of gold and US dollars in terms of investment assets. There is no doubt that China is a global power and it has long harbored dreams of a digital Yuan. Now, there is a company that is the best cryptocurrency trading platform that allows investors to take advantage of trading in this crypto currency. The company is called Yuan Pay and they have their own app known as Yuan Pay app.
If you’re interested in trading Chinese Yuan, you can do that with the help of this app today. In fact, there is no other company in the world that has received authorization from the Chinese authorities. This is why, you need to stay away from any imitations that make this claim. There was a time when China was not in favor of crypto currencies and in fact, wanted to ban crypto currency trading but things have changed and now, they have approved transactions in crypto currencies. Here is everything you would want to know about Yuan Pay app.
What is Yuan Pay app?
Simply put, it’s a software service where professional as well as beginner traders can trade in this new Chinese digital currency. Currently, this service is being offered for free and anybody with an Internet connection can sign up.
The creators of this app claim that the app has been designed to be easy to use and it does have an intuitive and modern looking user interface. They also have a nice marketing strategy. The creators do not make promise users being able to make gobbles of money which is the case with similar platforms. However, they are completely transparent with traders. You can check out a few real testimonials posted on their website.
Currently, this app is capable of trading only in Chinese Yuan. They might add some forex pairs as well as crypto currency pairs but that will depend on the broker you choose to register with when you sign up on the application.
Is it a scam?
We have deeply researched this possibility. During our research, we have discovered that Yuan App is indeed the first application that has received permission for trading of Chinese digital currency. There is also evidence to suggest that the software is properly licensed and is reliable to use. It also offers a number of advantages to its users.
With the help of this application, you should be able to trade in digital Chinese currency profitably without worrying about the actual price movement. Even though Chinese Yuan isn’t yet available on the market for trading but if it’s possible for you to invest in it. You just need to invest €250 to get in front of others. It is expected that the Chinese Yuan is going to witness a boom similar to bitcoin. Given the fact that China is an economic powerhouse, it seems like a real possibility.
How does it work?
On the homepage, there is various news posted about this application and how this application works. You will also find information on how you can use this application for making profits for your users. One of the best things about this application is that everything is clearly highlighted on the homepage and they are transparent about everything. They do not use fake testimonials which is often the case with various other platforms. Everything users need to understand about this application is explained in a simple manner.
The back end of this application utilizes an intelligent algorithm and makes sure that you have minimal chance of losing your initial capital. Keep in mind that trading is always risky and therefore, nobody can say with complete certainty that you won’t make losses. We had some of our most experienced investors test this application and even they reported losing money on some trades. This is why, we never recommend users to invest more money than they can afford to lose.
How to open an account?
As far as creating or registering for an account is concerned, it’s extremely easy. Just click the links on this page to go to the official website. Once you reach the official website, there are only 3 steps for you to follow in order to register a free account.
1. Register an account
Once you reach the homepage of the official website, there is a presentation video that tells you a lot of things about the company and how this application works. There is a button right next to the video that allows you to register for the application. You will need to provide basic data including your email address, first name, last name, telephone number and other such things. Needless to say, the application will ask you to create a secure password in order to log into your account. Make sure you use a really secure password. Once you have created the account and verified your information, they will immediately activate your account.
2. Make a deposit
After creating an account and logging into the account, you will be redirected to an authorized and regulated broker’s website in your country of residence. You will get direct access to the markets with this broker. These brokers have been carefully chosen to ensure that all the transactions are handled securely. Traders can now start trading the Chinese digital currency. You need to fund your account with just €250 to begin trading. If you want to deposit a larger amount, you can definitely do that in order to increase the money you make.
3. Start investing money
Once you have made the required minimum deposit, you will be asked to choose between demo and live mode. If you choose the demo mode, you will be given some virtual funds for trading. The trading environment remains similar to real life conditions in the demo mode. However, it is a good for you to become familiar with the application without risking real money. Before you can start trading with real money in the live mode, you need to set a few parameters including your risk appetite and other similar things.
Yuan Pay App – Main Features
It packs in a lot of features to lead investors on their journey to financial freedom. Here is a list of the 3 main features of this application.
Only Regulated Brokers
First and foremost, users on this application are asked to deposit only USD 250 web with a regulated and authorized broker. This application connects the users to the broker with a secure API and all the other processes are carried out in the broker’s website or system.
This is the only official application in the whole world where you can trade in digital Chinese Yuan in a profitable and secure manner. It is important to keep in mind that trading entails risks and therefore, you should always take care while trading.
Withdraw Your Money at Any Time
This app allows you to get your money into your own account at any time. Many other platforms make this claim but the reality is completely different. Many other platforms do not allow users to withdraw their earnings but this application authorizes all the withdrawals within 24 hours.
Is there a mobile application?
It’s right there in its name. The digital China currency exchange app is fast and has a modern and user-friendly interface that can be customized to your needs. You can use it on your laptop, desktop and on any operating system including android, iOS, Mac as well as Windows. You just need to be connected online to access this application and start trading.
The Yuan Pay application allows you to profitably trade in Chinese digital currency. However, trading in crypto currencies is a risk and you should be aware of it at all times. This application offers an excellent opportunity in the current markets. However, this application is better suited to traders who are well aware of the importance of risk management as risk cannot be completely eliminated.
On the other hand, it offers an opportunity for beginner traders to wet their feet in the crypto currency trading world. This is why, we recommend you to check out this application and register your account using the link given below.