What Is Yuan Pay Group?
Yuan Pay Group is an auto trading robot that facilitates crypto trades, reportedly using AI technology and algorithms. The robot uses statistical and mathematical trading signals to trade with brokers partnered with the exchange.
Users must make trades on Yuan Pay Group with the e-Yuan cryptocurrency. The company claims e-Yuan has the potential to grow into China’s state-backed cryptocurrency. This claim is not confirmed and may never happen, meaning forecasted future prices would be affected.
The robot lets experienced users set trading parameters to execute their own strategies and support completely automated trades. The robot then scans the markets and executes trades when those parameters are met.
Despite focusing on Canadian users, this article uses USD for amounts like the minimal deposit. This is because, like many such sites, It will automatically convert your Canadian dollars to USD for trades.
Yuan Pay Group Overview
|🤖 Robot Type:||Bitcoin Robot|
|💸 Minimum Deposit Amount:||$250|
|✅ Is It a Scam or Legit?||Legit|
|🚀 Claimed Win Rate:||99%|
|💰 Trading Fees:||None|
|💰 Account Fees:||None|
|💰 Deposit/Withdrawal Fees:||None|
|💰 Software cost:||Free|
|⌛ Withdrawal Timeframe:||24 Hours|
|💱 Supported Cryptocurrencies:||BTC, ETH, XRP|
|💲 Supported Fiats:||USD, EUR, GBP|
|📱 Native Mobile App:||No|
|🖥️ Free Demo Account:||Yes|
|🎧 Customer Support:||Email, Phone, Live chat|
|✅ Verification required:||KYC|
|🔁 Automated Trading:||Yes|
|📈 CFD Available||Yes|
Pros and Cons of Using Yuan Pay Group
Who Owns Yuan Pay Group?
According to many online sources, Yuan Pay Group owners comprise a team of professional traders and software developers. They reportedly spent their time analyzing the crypto market in an attempt to provide one of the best automated services and are said to keep updating it to ensure it functions based on the latest market developments. Also, they integrate Yuan Pay Group with world-renowned brokers with the aim of providing traders with a safe trading platform.
Getting Started With Yuan Pay Group
It is user-friendly, so even if you are new to trading in Bitcoin and other cryptocurrencies, you can easily use it to automate trades. Below is a brief overview of how to start trading with the robot since we will get into more details later in this guide.
Register for a Trading Account
Yuan Pay Group Markets, Assets, and Options
What Assets and Products Can You Trade Using Yuan Pay Group?
Yuan Pay Group platform supports numerous cryptocurrencies, including the native crypto coin e-Yuan. It also carries Bitcoin, Ethereum, and Cardano. The complete list includes:
Bitcoin Cash (BCH)
Note that you can only use Pay Group to trade cryptocurrencies. Therefore, consider other options if you venture into other assets like stocks, commodities, and forex. Overall, the bot is an excellent addition to the cryptocurrency space, and we advise you to test it out using its demo.
What Leverage Trading Options Are There?
Yuan Pay Group’s partnered brokers offer margin trading on crypto assets. Users can trade CFDs (Contracts for Difference), trading cryptocurrency contracts without owning the underlying asset.
Yuan Pay Group does not state any leverage ratios. However, some reviews suggest leverages of 1:1000 offered by certain partnered brokers. In short, you can trade 1000 times your deposited funds.
Be aware that leveraged trading is risky and often results in loss of funds. Cryptocurrency prices are volatile, and downward spikes can be disastrous for profits. As such, users should only trade what they can afford.
What Are the Spreads?
There is no information available regarding Yuan Pay Group’s spreads. However, most partnered brokers will offer varying spreads that rise and fall with market fluctuations.Register with Yuan Pay Group
Fees, Limits, and Payment Options on Yuan Pay Group
How Much Does Yuan Pay Group Cost?
You can create an account on this trading platform for free without any subscription costs. However, users must pay a $250 deposit when signing up to place trades. Users need to pay this deposit to use the trading platform.
To enjoy your experience with Pay Group, ensure it aligns with your budget and trading needs. Also, keep an eye on the bonuses It offers to maximize your profitability. However, ensure you back your activities with solid strategies based on a thorough market analysis.
|💸 Minimum Deposit:||$250|
|💰 Trading Fees:||Zero|
|💰 Account Fees:||Zero|
|💰 Deposit/Withdrawal Fees:||Zero|
|💰 Software cost:||zero|
|💰 Subscription cost:||Zero|
What Are the Payment Methods Accepted by Yuan Pay Group?
Users need to make a $250 deposit to trade with this platform. The robot offers the following payment methods:
Credit or debit cards
It does not charge for deposits or withdrawals, either. However, you may incur charges from your preferred payment method. Withdrawals will take up to 48 hours to reach your bank account.
Does Yuan Pay Group Also Charge Fees and Commissions?
Yuan Pay Group platform does charge a small commission when you make profits. However, there are no other hidden fees on this trading platform.
Yuan Pay Group Trade Sizes and Limits
Yuan Pay Group platform does not set trade sizes or limits. The broker sets these. Check limits with your chosen broker before making any trades.Start Trading Today with Yuan Pay Group
Yuan Pay Group Platform
How Does Pay Group Work?
According to the official website, partners of this trading platform with brokers that offer leveraged trading in digital assets like cryptocurrency. Users can then trade cryptocurrencies with the native e-Yuan coin. The robot works as a hybrid between cryptocurrency and forex markets.
What Devices Can I Use Yuan Pay Group On?
Users can access on the trading platform on any device with a web browser, such as Safari or Chrome. However, the website may not run as smoothly on mobile-based internet browsers. There is no dedicated Yuan Pay app. However, you can use the robot on the following devices:
Laptops or desktops
What Exchanges and Brokers Does Yuan Pay Group Partner With?
Trading platform claim that it partners with various brokers that support CFD crypto trading. However, It does not specify which brokers or exchanges are partnered with their company.
Can I Use Yuan Pay Group in My Country?
It is currently the only crypto-based CFD trading robot in China.
Users can sign up in any location that allows CFD trading for digital assets.
Some of these countries include:
|Country||Is Yuan Pay Group available?|
|United Arab Emirates||Yes|
Is Yuan Pay Group Available in My Language?
Yuan Pay Group platform is available in numerous languages, including English and French, making it convenient for Canadian users.
Choose your language from a menu at the top of the page.Sign up to Yuan Pay Group
How Easy Is It to Use Yuan Pay Group?
This trading platform, like other cryptocurrency robots, is easy to use thanks to simplified, automated trading functions. Users can enjoy margin trading with CFD instruments without prior knowledge; they can adjust parameters, leverage levels, and more.
Users can use charts to make educated trading decisions. However, Yuan Pay Group will use charts and similar crypto indicators to make automated trades for you.
At the same time, users should be aware that automated trading robots are unreliable. All users should remain cautious when using Yuan Pay Group and only trade what they can afford.
Yuan Pay Group has multiple features that benefit users looking to place margin trades on CFD contracts. Features like customer support and an easy-to-navigate dashboard make Yuan Pay Group an attractive automated trading prospect. Some notable key features include:
Yuan Pay Group has a user-friendly interface designed for traders of various experience levels. Whether users are trading for the first time or seasoned crypto experts, Yuan Pay Group’s interface lets you make trades and set parameters easily.
Long and Short Trading
Yuan Pay Group lets users open long and short positions when trading digital asset CFDs. Programme the robot with specific parameters to follow your preferred strategy.
Long positions involve traders betting the asset price will rise in the future. Short positions are when traders bet the asset price will move downwards.
Yuan Pay Group has a free demo to help users learn how to use the robot and place leveraged trades without risking their funds. Users can develop their trading strategies and figure out the site ahead of making real transactions.
Trading With Yuan Pay Group: Security and Regulation
Is Yuan Pay Group Legit?
It makes several claims of likely profits for users who use automated trading services. It also claims that e-Yuan will be named China’s state-backed cryptocurrency. However, we couldn’t verify these claims.
It may earn users a profit. However, you should set strict parameters and conduct plenty of research before making trades. The website states that users can lose money and that CFD trading is risky.
Is Yuan Pay Group Safe?
Yuan Pay Group offers numerous security features with the aim of ensuring your account remains protected, including SSL encryption and account verification procedures.
Also, it uses regulated brokers to make trades. If this claim is correct, these partnered brokers follow financial rules set by governing bodies in their jurisdiction in an attempt to keep your information and funds secure. However, we could not verify how many partner brokers are regulated. So Yuan Pay Group safe.
Are My Money and I Protected?
When using automated trading AI tools like Yuan Pay Group, you should remember that the platform does not hold any funds. Your deposit is sent to a broker, who then receives signals from the robot to make trades.
Your funds will be held in a wallet on the partnered broker’s platform and subject to the broker’s security regulations and protocols. If you would like more information, contact the specific broker.
Besides integrating with brokers in an attempt to safeguard your money, Yuan Pay Group is highly encrypted. This protects your data and email from hackers, thus giving you the best platform to trade. Moreover, the robot has a KYC verification procedure that traders must participate in before fully activating their trading accounts.
Is Yuan Pay Group Regulated?
There is no information about Yuan Pay Group’s regulation status with local regulators in specific jurisdictions. However, some partnered brokers will be regulated. If you’d like to know more, contact the brokers directly.
As mentioned earlier, Yuan Pay Group is connected to highly regulated brokers. Some of the brokers' authorities include Cyprus Securities and Exchange Commission (CySEC) and Financial Conduct Authority (FCA).
Do I Have to Verify My Account With Yuan Pay Group?
Yes. When creating a Yuan Pay Group account, you will have to verify your name, phone number, and contact email address. Users can then use the demo or enable live trading.
However, you do not have to complete a KYC (Know Your Customer) procedure to prove your identity when you sign up. Users only need to submit proof of identity when trading through a broker.Register to Yuan Pay Group
How Does Yuan Pay Group Work? Trading Strategies and Algorithms
As mentioned earlier, Yuan Pay Group claims to be AI-powered and reportedly uses algorithms to track the market and execute trades based on potentially profitable trends. Some of the features that make this robot an excellent addition to your crypto trades include;
Automated Trading Tools
Price Trend Analysis
Extra Information About Yuan Pay Group
Yuan Pay Group does not have much educational information or resources on its homepage. There is a small FAQ and some general information about Yuan Pay Group’s relationship with the Chinese market. You can also contact customer support if you have any questions about site functionality.
Besides the small FAQ section and dedicated support service, you can access learning resources regarding cryptocurrency trading from the brokers with whom Yuan Pay Group is integrated. Also, consider website blogs, podcasts, and YouTube channels. However, always verify the information you read from various sources and test your skills on Yuan Pay Group’s demo before start tradeing.
Tools and Charting
Yuan Pay Group has numerous crypto charts, so you can judge crypto value and market fluctuations when seeing custom trading parameters. The site also offers CFD instruments for margin.
In addition, Yuan Pay Group also claims to use artificial intelligence and intuitive protocols to make automated trades.
Yuan Pay Group has a customer support section available to all users. However, some users have claimed it is difficult to speak to an advisor. If you do want to contact customer support, you can do so via phone, email, or live chat.
The site also has a contact form for non-members, but response times are much longer if you have not signed up.
|Yuan Pay Group Customer Support||Details|
|Email Support||Not available|
|Contact Number Support||Not available|
|Live Chat Option||Not available|
|Other Support Options||Online form|
Yuan Pay Group’s demo account is free for usage, and it functions like the live version. It is wise to start trading using the bot’s demo account, considering that its minimal deposit requirement might be high for some traders. It is also the best platform to test your skills and decide whether you are ready to trade in the live crypto market.
How to Get Started With Yuan Pay Group
If you want to sign up with Yuan Pay Group, follow these steps:
Step 1 - Register for a Yuan Pay Group Account
Head over to the Yuan Pay Group homepage and complete the sign-up form. Provide your name, phone number, and email address.
Step 2 - Speak to a Broker Advisor
Then, speak to an advisor to finish your registration and get set up on their platform. You may need to complete a KYC process and prove your identity, address, and income.
Step 3 - Add Funds Into Your Wallet
Follow Yuan Pay Group’s instructions to add the deposit amount to your broker wallet. Users must deposit $250 to trade with Yuan Pay Group.
Step 4 - Try the Demo Account
If this is your first time trading CFDs, use the demo account to figure out how Yuan Pay Group works. Focus on your trading strategy and how to best make profits before using real money.
Step 5 - Complete Your First Trade
Once you know how to use Yuan Pay Group, complete your first trade. Set your parameters and let Yuan Pay Group issue commands to your broker when those criteria are met.Yuan Pay Group - Get Started Today
How to Delete a Yuan Pay Group Account?
Just like creating an account, deleting Yuan Pay Group’s account is easy. You can do so by accessing its menu and following the commands to the settings page to initiate the process. Alternatively, the account can be deleted via the broker it is connected with. However, deleting your account through a broker means losing all your trading details. Therefore, if you are not sure how to go about it, we advise you to contact the bot’s support service.
How to Withdraw Money From Yuan Pay Group?
Since it is not responsible for storing traders’ funds, all money earned with the robot is accessed via the broker it is integrated with. Therefore, to make withdrawals, here are the procedures to follow.
Go to the broker’s website and log in to your trading account.
On your wallet, click withdraw and select your preferred payment method.
Enter the amount you wish to withdraw.
Complete the process and have the money transferred to your preferred account within 24 hours.
Remember, Yuan Pay Group does not allow payouts using cryptocurrencies. Therefore, convert your assets into your preferred fiat currency accepted by the bot to successfully withdraw your money.
Yuan Pay Group Celebrity/Company Endorsements
It continues to stun traders in the cryptocurrency market because of its cutting-edge technology that keeps them ahead of the crypto market. However, we have seen many online Yuan Pay Group reviews on the robot stating that it was endorsed by top celebrities/companies. We did research on these claims, and here are our unbiased findings.
Is Ryan Reynolds Related to Yuan Pay Group?
No. Ryan Reynolds is an American-Canadian actor and among the individuals featured on the Hollywood Walk of Fame. Sadly, rumours regarding him endorsing Yuan Pay Group are false since we couldn't find any factual information proving otherwise.
Is Jeremy Clarkson Related to Yuan Pay Group?
No. Jeremy Clarkson is an English broadcaster, game show host, farmer, and writer specializing in motoring. Clarkson has no interest in cryptocurrency investment and has no relationship with this platform.
Is Elon Musk Related to Yuan Pay Group?
No. Elon Musk is a popular American business magnate. He is the CEO of SpaceX and Tesla, one of the top electric car manufacturers. Musk has an interest in the cryptocurrency market, especially Bitcoin. However, he has no connection to Yuan Pay Group and has not used it to manage his Bitcoin investments.
Is Bill Gates Related to Yuan Pay Group?
No. Bill Gates is an American business magnate, Microsoft founder, author, investor, and philanthropist. Gates has no interest in cryptocurrency investments, and all rumours claiming he is related to Yuan Pay Group are false.
Is Gordon Ramsay Related to Yuan Pay Group?
No. Gordon Ramsay is a British celebrity chef and television personality. He has appeared on various cooking shows and has an interest in the cryptocurrency market. Sadly, Ramsay has never used Yuan Pay Group or endorsed it on any platform.
Is Mel Gibson Related to Yuan Pay Group?
No. This American actor, film director, and producer has never endorsed Yuan Pay Group nor used it to invest in cryptos. In fact, he has no interest in the cryptocurrency market.
Yuan Pay Group in the News
Is Shark Tank Related to Yuan Pay Group?
No. Shark Tank is a show that features entrepreneurs trying to receive funding from investors by pitching their business ideas. We reviewed all episodes aired so far but couldn't find one that featured Yuan Pay Group.
Is This Morning Related to Yuan Pay Group?
No. This Morning is a British TV show hosting various guests to discuss matters regarding the latest trends, cooking tips, sports, and business and finance. Of all the episodes aired so far, not a single one is connected to this platform, making all rumours saying otherwise untrue.
Other Yuan Pay Group Reviews and User Testimonials
Besides testing and reviewing the trading robot, we took it upon ourselves to analyze users' experiences so that you clear any doubts regarding the bot. Here is what we found out.
What Are the Top Yuan Pay Group Reviews on Forums and Reddit?
Reddit is one of the trusted platforms to go to and analyze unbiased user reviews and testimonials regarding a company or software. Comments from Reddit users show that the robot is user-friendly with an intuitive design. Users also consider it affordable and highly recommend it to new and budget-conscious cryptocurrency traders. However, you will pay a minimal deposit of $250 to access and enjoy the bot’s automated services.
What Are the Top Yuan Pay Group Reviews on Trustpilot?
We also visited Trustpilot, and most of the Yuan Pay Group reviews are excellent. Besides considering it user-friendly and affordable, most users trust the robot and recommend it. The fact that it integrates with world-renowned cryptocurrency brokers and is highly encrypted sets its bar high. Also, It is fast, and the majority of users rely on it more than their own input.
Is There a YuanPay Group alternative?
Yes, there are many more crypto robots available. If you don't want to use this tool, check out some of our other auto trading robot reviews:
|Crypto Robot||Minimum Deposit||Read our review|
|Bitcoin Bank||$250||Read our Bitcoin Bank review|
|Bitcoin Pro||$250||Read our Bitcoin Pro review|
|Immediate Connect||$250||Read our Immediate Connect review|
Final Thoughts on Yuan Pay Group
It offers manual and automated trading, though mixed reviews may impact your decision to use this robot. In addition, misleading claims about e-Yuan’s prospects and testimonials endorsing Yuan Pay Group and reviews mean that users should be cautious when dealing with this robot.
The platform may not yield dramatic profits as claimed on its homepage. You will not make huge sums of money by trading with Yuan Pay Group for 20 minutes.
If you want to use this tool, do so in conjunction with your own strategy. Set trading parameters to open and close trades that you can afford. The robot monitors the crypto market and makes trades without intervention. Also, if you believe in e-Yuan’s future, this robot may work for you.
Above all else, make sure you do enough research into trading cryptocurrencies before risking any funds. This is true of Yuan Pay Group and any other robots. These types of platforms are risky and do not guarantee profits. Keep up to date with crypto news to make more accurate trades and only deposit funds you can afford to lose.