with . Yuan Chain Coin appreciated 79% during the past 24 hours. As of now, YUAN E-PAY is the only approved and legalized company in China to trade and sell cryptocurrencies, and particularly this coin, given itâs country-backed nature. Yuan Pay Group is a kind of landing page which includes a design and text which was created in order to get you to register for a scam CFD broker. The three major options for this in the United States are Coinbase, Paypal (or Venmo), or Robinhood. Official Website, Login Page, and Members Area: There are Multiple Yuan Pay Group websites and the all claim to be “official”. While the articles may be authentic, the images and content is taken completely out of context and used in a very manipulative manner. The price of ycc is $0.023975. This is not the first time that China is testing its proposed cryptocurrency. As usual, we were informed about this latest scheme after receiving a complaint about offshore CFD (contract for difference) broker named “Brokerz”, which has a registered business address in St Vincent and the Grenadines. We will send instructions to reset China Coin. Special Settings, Strategies, and Indicators Taxation There are fake Forbes articles with images of Chinese billionaires and the words “digital Yuan”, and “Chinese digital currency” next to them. 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… It's as easy as selecting option 1, 2, or 3. If you buy Yuan Chain Coin for 100 dollars today, you will get a total of 3950.633 YCC. It’s also been blacklisted by HANFA in Croatia for the same reasons. This requirement is almost never met and victims accepting the bonus will end up losing their investment. John Grayken Bitcoin Scam Exposed. To purchase Yuan Chain Coin (YCC) on the majority of the cryptocurrency exchanges, you will already need to have Bitcoin (BTC) or Ethereum (ETH) to trade with. If the CCP decides to use E-Yuan, it would have complete influence over the coin's regulation, which the government will welcome. With the Construction Bank of China expanding its operations in the cryptocurrency sector, it is clear that China is aiming to beat US-based companies with the next big coin. This website is free for you to use but we reserve the right to receive commission from companies we feature on this site. After a lot of hard work by very talented individuals and close work with the Chinese Government, the currency is now ready for distribution! Hanfa also warned that this scam uses ads with false endorsements from celebrities who have backed the crypto investment scheme. Yuan Pay Group Review Summary, Conclusions, and Recommendations Exchange Pair Price [USD] Price 24 Volume Actions; Huobi Global. Whilst Facebook’s Libra is facing issues with Visa and PayPal, China’s financial institutions are seeing a huge void and plan to exploit it. Trending Fake News Article Exposed! It’s important to note that these are just my experiences with the platform. Yuan Chain Coin Price has experienced a daily change of 2.58 %, giving Yuan Chain Coin (YCC) a Market Cap of £ 65,165,386. We intend to help you capitalize on this historic moment through our state-of-the-art trading platform. You're going to buy some BTC or ETH from an exchange that accepts deposits from a debit card or bank account, and then you're going to transfer your newly bought crypto to a marketplace that sells YCC in exchange for bitcoin or Ether. Thank you. Yuan Chain Coin (YCC) is a cryptocurrency and operates on the Ethereum platform. There is however an app developer named “Everyone” which has recently launched a cloned Yuan Pay Group app on Google store. Photo: Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes. Add to Watchlist. You needn’t concern yourself with taxes because you will only be losing money and not making it so there is nothing to declare. Yuan Chain Coin (YCC) is a cryptocurrency and operates on the Ethereum platform. Yuan Chain Coin has a current supply of 10,000,000,000 with ? As of Abril 8, 2021, anyone can convert any currency to this new China's coin, and full process takes less than 5 … Could it be that coins have been short due to the need for the metal to re-produce coinage? Yuan Pay Group fails on all fronts, and has no legal address or entity which we can turn to in case we want to get proper answers to our questions. Suffice it to say, the platform has no regulatory license and unauthorized to buy or sell contracts on behalf of paying clients, manage investment portfolios, or provide ancillary services for Forex traders. The limits are minimum €/$/£25 per trade for the Yuan Pay Group trading app, and the minimum withdrawal amount is usually €/$/£500. Please open the email we sent you and click on the link to verify your account. Q&A For Yuan Chain Coin Cryptocurrency. Read it first and understand the state of cryptocurrency in the first quarter of 2021 - from the rise of NFT to $2 trillion crypto market cap and much more! 1h 24h 1w 1m 1y all. No, Yuan Chain Coin (YCC) price will not be downward based on our estimated prediction. Anyone who registered for that would then get hit by a boiler room. Today price of yuan-chain-coin is 0.021928 USD , last month on 11th April 2021 price of yuan-chain-coin is 0.027377 USD , last year on 11th May 2020 price of yuan-chain-coin is 0.005839 USD Trending assets. Here are some of the frequently asked questions associated with the Yuan Pay Group scam. Share . The Crypto Yuan was first used in China to buy plane tickets, and Spring Airlines began accepting this form of payment in Shanghai. Add to Watchlist. The Asian giant completed a few trials of the coin and is currently rolling it out on major e-commerce platforms within the country. Yuan Pay Group is promoted as the company which founded the E-Yuan. TrustPilot, Reddit, and other forums are also fully packed with fake reviews. While its caution catalog includes many long-standing threats, it also features emerging vehicles such as cryptocurrency, which the watchdog describes as one of the greatest risks to investors this year. It’s also stated that the operators of this scheme are “not permitted to provide financial services or financial products” in New Zealand. Is Immediate Edge App SCAM? As of , China announced the ban on sales or exchanges of any ICO or cryptocurrency, even an exchange is … The last thing we want to do it to besmirch a genuine product or service, and that is why we engage in some rigorous fact-checking before publishing our conclusions. The last known price of Yuan Chain Coin is 0.02457863 USD and is down -3.14 over the last 24 hours. We tried it and were merely deferred and deflected numerous times until we just gave up and moved on. Li Fang is presented to us as the founder of this project and the main reason why the coin was adapted by so many users across the globe. The strongest ranking factor for this coin is User Voting. You will see the exact same sales page which is used for 3 different scams, and they are all using an identical sales pitch with minor variations. The digital version of the yuan has been under development for slightly more than five years, but the authorities are still far from a nationwide rollout and have instead focused on pilot projects. 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! Today, the Yuan Pay Group scam is being aggressively promoted because greedy scammers are devious, and decided to piggyback on this latest development in Blockchain technology in order to promote their filthy Yuan Pay Group get-rich-quick scheme. Now you can change your … Circulating supply -What’s going on with YCC? That is because these features don’t exist no matter how convincing or enticing the fake review websites make it seem. Yuan Chain Coin price is depend on many factor , price movemeent is aprt of crypto trading. Fraudsters are now contacting people through a range of popular social media sites, such as Facebook, Instagram, WeChat, Whatsapp, Telegram and even online dating platforms. Digital Currency Electronic Payment Versus Cryptocurrencies. With a 5-year investment, the revenue is expected to be around +350.59%. Remember, even if we trust a platform, … Yuan Chain Coin has a current supply of 10,000,000,000 with 0 in circulation. After a lot of hard work by very talented individuals and close work with the Chinese Government, the currency is now ready for distribution! Customer Support The price of 1 Yuan Chain Coin (YCC) can roughly be upto $0.03654591 USD in 1 years time a 2X nearly from the current Yuan Chain Coin ⦠Terms, Cookies and Privacy Notice. It is currently trading on 5 active market(s) with $583,172.38 traded over the last 24 hours . We have added images of this above as a point of reference for you to see. Step by step guide on how to buy Yuan Chain Coin (YCC) Cryptocurrency. China has already done this. This is a simple guide to buying and trading Yuan Chain Coin … with . Enter your email address below. Working Alternatives Sadly, you will not have the ability to adjust your settings or select various indicators such as MACD or Stochastics. Yuan Pay Group Regulation Check Secondly, the new Chinese digital coin has nothing to do with algorithmic or robotic trading, albeit some review website would have to believe otherwise. Welcome to our Yuan Pay Group review and scam investigation. As for strategies, you will need to think about an exit strategy after you lose your initial investment, and that’s the only strategy you will need if you decide to try your luck with the The Yuan Pay Group app. Worried About Libra. The e-yuan could become China’s stated backed coin. Thank you for registering to Finance Magnates. The e-yuan could hit $5000 per coin hence generating insane profits for investors. Alibaba’s online grocery service and food delivery units, including ele.me food delivery system, Tmall supermarket, and Hema grocery stores, are included in China’s digital yuan pilot program, Caixin has reported on May 11, 2021. [Facts and Truth]. Is it necessary to answer the phone before investing. We know because we tried it and eventually got locked out of our account after demanding to speak with a manager. A new cryptocurrency designed to combat Facebook’s Libra coin. Yuan Chain Coin can be exchanged with 2 cryptocurrencies . Many people buy Yuan Chain Coin cryptocurrency to take advantage of crypto transactions. Now take a look below. The strongest ranking factor for this coin is … Most cryptocurrencies are decentralized, making them more accessible for the average user. While the digital yuan has the backing of the PBOC, there are several ways in which it cannot complete, technically, with bitcoin. Trouble may be brewing in China for Bitcoin’s raucous and divisive rally as the nation pushes ahead with a world-leading effort to create a digital version of its currency. Chinaâs proposed cryptocurrency continues to attract online fraudsters who are pretending to sell the coins that are not even close to being released. While the YuanPay Group is able to manage cryptocurrency transactions, weâre focusing solely on the digital Yuan now since weâre an exclusive sales partner, which means that our China coin sale should always be compliant with the guidelines of the Chinese government. There are 4550414173.06 … In the sales video the scammers are saying that the Chinese construction bank is expanding its trade blockchain platform with new abilities designed to dominate the cryptocurrency market. The good news is that you can easily purchase either cryptocurrency at Coinbase using your Credit Card or ⦠The Chinese government hasnât been too kind to cryptocurrencies in the past years. It is stated that the E-Yuan is perfectly positioned to take Libra’s place as “the next big thing”, and that the “anti-Libra coin” China is adopting will transform the financial markets. For Sure! 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 essence, cryptoyuan is a stablecoin, with all that it implies. According to SCMP, the card payments giant is in talks with the People’s Bank of China (PBOC) and other central banks to enable the conversion of their respective digital currencies into fiat currencies. Digital Yuan Vs. Bitcoin. Latest updates. Don`t miss your opportunity and buy the coin at the pre-release price now at YuanPayTeam. There are rumors that the State is going to adopt and launch E-Yuan in 2021, which would be nothing short of a historic turn of events should it happen. It is currently trading on 5 active market(s) with $186,230.16 traded over the last 24 hours. However, once in a while our researchers spot a system which has potential. Share via: News Date: June 8, 2020. Tetherâs USDT Market Cap Crosses $40 Billion Milestone, Rippleâs XRP Relist Campaign Gathers Steam on Twitter, China Tests Its Digital Yuan on More Platforms, Croatia Watchdog Exposes Fraudsters Selling âDigital Yuanâ on Facebook. There are currently 2 Yuan Chain Coin exchanges where you can buy, sell and trade Yuan Chain Coin (YCC) with a total 24-hour volume of $ 927,561. To purchase Yuan Chain Coin (YCC) on the majority of the cryptocurrency exchanges, you will already need to have Bitcoin (BTC) or Ethereum (ETH) to trade with. The last known price of Yuan Chain Coin is 0.02611966 USD and is down -0.73 over the last 24 hours. Below we have attached an image of this communique for you as a point of reference. Get Yuan Chain Coin price, YCC chart in real-time, volume, market cap, exchanges and more. Our Checklist Is It Free? We invite you to look at our list since these are questions you will want answers to every time you consider joining a new program or service. YES! In other words, the internet is packed full of fake Yuan Pay Group reviews and that is extremely troubling. Contrary to what some review websites are saying, Yuan Pay Group has nothing to do with any form of bitcoin mining or cryptocurrency exchanges. with special focus on electronic trading, banking, and investing.Copyright © 2021 "Finance Magnates Ltd." All rights reserved. The project has attracted attention and cunning efforts over the last few months, with at least a dozen fake sellers on social media trying to convince users to buy the digital Yuan. Check out the Yuan Pay Group main website and registration area below. May 21, 2020, 11:00 AM. How many ycc coins are there in circulation? According to our investigation, sometime during March 2020 it was reported in mainstream news outlets that the Bank of China had completed developing certain basic functionalities related to it’s proposed new digital currency, and is in the process of legalizing the implementation process. in circulation. YuanPay Group is a company that claims to have developed Chinaâs own national cryptocurrency. Can I purchase the E-Yuan using regular currencies? Users of these platforms may find a “digital yuan” option in their payment options. The price of 1 Yuan Chain Coin (YCC) can roughly be upto $0.03654591 USD in 1 years time a 2X nearly from the current Yuan Chain Coin … ð Get started. Yuan Pay Group Review Though we haven't spent enough time with YuanPay Group to send you a thorough and in-depth analysis, we are confident in saying that everything … Then, following the crackdown on ICOs, exchange platforms that traded cryptocurrencies or provided facilitation services were also ordered to be closed. Below is an example of of one fake review we spotted. Additionally, this bogus trading platform is unable to buy or sell crypto contracts based on market rates because there is no legitimate trading engine which powers it. 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. Some people use the âYuanPayâ spelling in one word. 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. What Is Yuan Pay Group, How Does It Work, and Who Is Li Fang? Still, if you believe we have made a mistake and would like us to correct our review, we kindly ask that you leave a detailed message through our contact page and explain why we need to fix or amend our views. PROMO: BUY 13,888 COINS AND GET 27,776. Chinese citizens are already banned from converting yuan to tokens but the practice continues under the table using Tether, a digital coin that claims a ⦠What we went through and what you go through may not be the same. You're going to buy some BTC or ETH from an exchange that accepts deposits from a debit card or bank account, and then you're going to transfer your newly bought crypto to a marketplace that sells YCC in exchange for bitcoin or Ether. The Yuan Pay Group scam by the fictitious Li Fang is supposed to be a company which developed the E-Yuan. The last known price of Yuan Chain Coin is 0.00605595 USD and is down -2.65 over the last 24 hours. Bonuses are usually provided by illegal offshore brokers as a way to “lock in” customers who accept them and as a result are required to execute trades a certain amount of times. The good news is that you can easily purchase either cryptocurrency at Coinbase using your Credit Card or even Bank Account. This field is for validation purposes and should be left unchanged. All Markets. Your Everyday Money - YEM and Digital Yuan on blockchain. Bitcoin Profit Review, Fake BTC Profit SCAM? First, initial coin offerings (ICO) were banned in China in September 2017. More information … Yuan Chain Coin has a current supply of 10,000,000,000 with 0 in circulation. The Yuan Pay Group scam is not regulated and has no legal patent anywhere in the European Union, United Kingdom, Oceania, the Americas, or for that matter anywhere in the world. Please share your thoughts regarding the performance of Yuan Chain Coin Cryptocurrency (YCC) using the comments section below. Yuan Chain (YCC) is currently ranked as the #1977 cryptocurrency by market cap. 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⦠Enter your email address to subscribe to this blog and receive notifications of new posts by email. We’ve taken the liberty of digging into this cryptocurrency myself, and we are bringing you my results in this review. The Bank for International Settlements recently released a report in which it recommends that all countries in the world create their own electronic money – CBDC (Central Bank Digital Currency) to replace cash payments. Learn how to buy Yuan Chain Coin in the UK with a Credit Card or Debit Card. What is the Yuan Chain Coin max supply? We never blacklist a software without making sure all the facts and evidence are gathered and presented in a very clear and transparent manner. However, it may allow many middle-class investors to climb the financial ladder faster through a secure investment strategy. The Yuan Pay Group scam offers no demo mode, but that is not always a bad thing. The digital yuan, which is controlled and issued by the China government, is a central bank digital currency (CBDC). Yuan Chain Coin price equal to 0.0253 USD at 2021-05-10. China was one of the earliest countries to enthusiastically adopt bitcoin and crypto. Other areas pertaining to the certification process include privacy of data, confidentiality, and safety procedures related to documentation of financial information on hosting servers. Yuan Pay Group customer service is non-existent. In many ways this is similar to bonuses given to gamblers who are subject to wagering requirements which must be met in order to cash out. In 1 year from now what will 1 Yuan Chain Coin be worth? In other words, all this double talk about price predictions, and cross-chain and interbank transactions is really just a pile of rubbish designed to draw your attention so that you would register and fund a real-money trading account with an unlicensed offshore CFD broker. Croatiaâs financial supervisor, Hanfa said it is aware of a Facebook page called âYuan Pay Groupâ that claims affiliation with the Chinese government and publishes ads for buying the Chinese cryptocurrency. Circulating Supply of Yuan Chain Coin (YCC) is 4,550,410,000. Mastercard is reportedly negotiating with China’s central bank to support cross-border use of the digital yuan. They say that much like Bitcoin, the E-Yuan will become very expensive and as a result the return on investment will be significantly lower. There are no signals or any kind or genuine software which powers the app. Yuan Pay Group User Interface It ⦠© 2018 - 2021 ScamCryptoRobots.Com, Best Crypto and Bitcoin Robots and Signals, Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window). Don’t Invest! The digital yuan, which is controlled and issued by the China government, is a central bank digital currency (CBDC). However, it may allow many middle-class investors to climb the financial ladder faster through a secure investment strategy. While the centralized aspect of the digital Yuan can be considered as negative … Limits, Fees, and Payouts There are currently 2 Yuan Chain Coin exchanges where you can buy, sell and trade Yuan Chain Coin (YCC) with a total 24-hour volume of $ 927,561. The … Yuan Pay Group Fake Testimonials An new cryptocurrency that is backed by the Chinese Central Bank, a well-known and globally recognized financial institution. Following bitcoin’s epic bull run, hundreds of cryptocurrency fraudsters popped up around the internet overnight. There is also a PCI compliance check which primarily has to do with firewall configurations in regards to cardholder data as well as encryption protocols and data storage. No, Yuan Chain Coin (YCC) price will not be downward based on our estimated prediction. YCC/BTC : $ 0.021206: 0.00000044 BTC: $ … Yuan Pay Group Risk Management The release of the e-Yuan has attracted worldwide attention from investors hoping the cryptocurrency will reach heights to parallel those achieved by bitcoin. YuanPay Team started the development of China's national cryptocurrency in 2014. The e-Yuan may not provide a solution to Chinaâs long-standing bad debt issues. Share. As of Abril 8, 2021, anyone can trade China's new Digital Yuan cryptocurrency coin. As a new investment opportunity, YuanPay says this new cryptocurrency is ready for distribution. How much is a one Yuan Chain Coin worth now? Avoid that as well, just read the user comments if you must, they have a 2.0 rating out of 5.0. Yuan Pay Group is also advertised as the largest sales and exchange management provider in China, and positioned to be one of the first companies to trade E-Yuan.
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