Today, Yuan Pay Group is the global leader in electronic wallets and crypto currency management. It is now the only legally regulated platform in China. But Yuan Pay has a history and it began working with big Chinese banks and state institutions in 2010 to make cryptocurrencies legal in China.
Key Features of Yuan Pay App
The Yuan Pay App and its e-yuan token stand out for several reasons. Listed below are just some of the Interesting facts about yuan currency.
- The Chinese government reportedly hired Yuan Pay Group to build the e-yuan.
- The e-yuan is the Chinese government’s official digital currency. Bitcoin as well as other cryptocurrencies are illegal in China.
- You can only buy e-yuan after registering and depositing.
- The e-yuan investment minimum is €250. Deposit more to boost your chances of making profits.
- Due to the enormous demand for the e-yuan, investors might earn up to €5000 for every €1.
- With this rate of return, €250 can earn over €1.2 million. Your investment will rise to this level in roughly six months.
- The e-rise yuan’s is fueled by its status as China’s only legal crypto currency. With nearly a billion inhabitants, China is one of the most populated countries.
- The e-yuan is available globally. The platform receives the most traffic from the US, Asia, and Europe.
- The Yuan Pay App does not charge a transaction fee. To buy through the app, you need to make a deposit.
Buying e-yuan with the Yuan Pay App is secure. The software uses blockchain technology to provide secure peer-to-peer transactions.
How Digital Yuan is Different from Other Cryptocurrencies
The digital Yuan is less volatile than BTC and other cryptocurrencies. Many dealers believed China desired a new global currency. It had to be stable. It won’t be a fixed currency because its value will be identified by the people and the market.
Here are some intriguing facts regarding the Digital Yuan and why it is different from Bitcoin:
- As a government-approved money, it has many advantages. As an investor, you may be assured that the world’s largest economy will never regulate in a way that harms this currency.
- Due of its novelty, the digital yuan has the potential for rapid expansion.
Is It Scam or Legit?
When investing in crypto, you should always do your own research especially if you want to join the Yuan pay group. Yet, if you will read all the information online about this digital currency, you can say that it is legit. Analysts expect it to skyrocket once private sales end. Because the e-yuan is backed by the government, the risk is low. You can invest only a small amount that will cause little damage in the event of a crash. Of course, you have to be wise when putting your money into something that cannot give you definite result. Aside from that, you have to be aware that the value of currencies changes from time to time.