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Yuan Pay Group Review 2024

Ryan Matthews
November 28th, 2023
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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 and exchanges it partners with.

Users must make trades on Yuan Pay Group with the e-Yuan, which the company claims 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 crypto robot lets experienced users set trading parameters to execute their strategies and supports automated exchanges. It then scans the markets and executes trades when those parameters are met.

This review is a deep dive into the platform’s features. It will break down its workings, the offerings and fees it charges, and the security measures it employs.

Yuan Pay Group Overview

Here’s a run through the Yuan Pay Group platform. We shall follow that up with a more detailed presentation of the same.

🤖 Robot Type:

Bitcoin Robot

💸 Minimum Deposit:

$250

🚀 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

📊 Leverage:

1:1000

📱 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

Pros
  • Easy and quick account registration and verification
  • Intuitive dashboard
  • Demo trading option available
  • 24/7 customer service
  • Good selection of cryptocurrencies
Cons
  • Some unverified testimonials
  • Misleading marketing claims
  • Not available in some countries

Who is The Yuan Pay Group Owner?

According to the crypto robot’s site, Yuan Pay Group's owners comprise a team of professional traders and software developers. They reportedly spent their time analyzing the 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 intending to provide traders with a safe trading platform.

Yuan Pay Group Platform

How Does Yuan Pay Group Work?

The Yuan Pay Group, per its website, claims it partners with brokers that offer leveraged trading in digital assets like cryptocurrency. Users can then trade these with the native e-Yuan coin, with the robot working as a hybrid between cryptocurrency and forex markets.

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

  • Arbitrage Trading

  • News Trading

  • Price Trend Analysis

What Devices Can I Use Yuan Pay Group On?

Users can access Yuan Pay Group on any device with a web browser, such as Safari or Chrome. However, it may run less smoothly on mobile-based internet browsers. The robot doesn't have a dedicated mobile app, but you can use it on the following devices:

  • Laptops or desktops

  • Android devices

  • iOS devices

  • Tablets

What Exchanges And Brokers Does Yuan Pay Group Partner With?

Yuan Pay Group claims it partners with various brokers that support CFD crypto trading. However, it does not specify which brokers have partnered with its parent company.

Can I Use Yuan Pay Group In My Country?

Yuan Pay Group is currently the only crypto-based CFD trading robot in China.

Users can sign up for Yuan Pay Group in any location that allows CFD trading for digital assets.

Some of these countries include:

Country

Is Yuan Pay Group available?

UK

No

Canada

No

Australia

Yes

USA

No

South Africa

Yes

New Zealand

Yes

Philippines

Yes

UAE

Yes

Singapore

Yes

France

Yes

Spain

Yes

Italy

Yes

Germany

Yes

Nigeria

Yes

Mexico

Yes

The US prohibits Yuan Pay Group because of CFD restrictions.

Is Yuan Pay Group Available In My Language?

Yuan Pay Group is available in numerous languages. These include:

  • English

  • French

  • German

Choose your language from a menu at the top of the page.

What Cryptocurrencies And Products Can You Trade Using Yuan Pay Group?

Yuan Pay Group supports numerous cryptocurrencies, including the native crypto coin e-Yuan. They also carry Bitcoin, Ethereum, and Cardano. The complete list includes:

Note that you can only use Yuan Pay Group to trade cryptocurrencies. Therefore, consider other options if you want to 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 account.

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 endorsing the bot suggest leverage 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 to lose.

If you want to know more about leveraged trading, take a look at our comprehensive guides:

How To Get Started With Yuan Pay Group

The platform is user-friendly, and any newbie in the cryptocurrency space can easily use it to automate their trades. Below is a brief overview of how to get started with the robot:

Register For a Yuan Group Account

Head over to the Yuan Pay Group homepage and complete the sign-up form. Provide your name, phone number, and email address.

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.

Add Funds To Your Wallet

Follow Yuan Pay Group’s instructions to add the minimum deposit amount to your broker wallet. Users must deposit $250 to trade with Yuan Pay Group.

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 trade before using real money.

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.

How to Delete Yuan Pay Group Account?

Just like creating a trading 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, you may delete a trading account via the broker it connects with.

However, deleting your account through a broker means losing all your trading details. Therefore, if you are unsure how to go about it, we advise contacting the bot’s support service.

How to Withdraw Money From Yuan Pay Group?

Since Yuan Pay Group is not responsible for storing traders’ funds, all money earned with the robot is accessible via the broker it integrates with. Therefore, to make withdrawals, here is the procedure to follow.

  1. Go to the broker’s website and log in to your trading account.

  2. On your wallet, click withdraw and select your preferred payment method

  3. Enter the amount you wish to withdraw

  4. 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 withdraw your money successfully.

How Much Profit Can You Make Using Yuan Pay Group?

The profit you make on Yuan Pay Group depends on several factors, including the prevailing market conditions, risk tolerance, and the size of your investments. It’s vital to remember that crypto investments are highly volatile, so let your risk profile tailor your investments.

Fees, Limits, And Payment Options On Yuan Pay Group

How Much Does Yuan Pay Group Cost?

Creating a Yuan Pay Group account is free. However, users must pay a $250 minimum deposit when signing up to place trades. To enjoy your experience with the bot, ensure your budget and trading needs align with it.

Also, keep an eye on the bonuses Yuan Pay Group offers. However, ensure you back your activities with solid strategies based on 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 must make a $250 minimum deposit to trade with Yuan Pay Group. The robot offers the following payment methods:

  • Credit or debit cards

  • Visa

  • Mastercard

  • PayPal

  • Skrill

  • Wire transfer

  • SEPA transfer

Yuan Pay Group 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 does charge a small commission when you make profits. However, there are no other fees.

Yuan Pay Group Trade Sizes And Limits

Yuan Pay Group does not set trade sizes or limits. The broker sets these. Check limits with your chosen broker before making any trades.

Extra Information About Yuan Pay Group

Educational Resources

Yuan Pay Group has little educational information and resources on its homepage. There is a small FAQ and general information about Yuan Pay Group’s relationship with the Chinese market. You can also contact customer support if you have questions about site functionality.

Besides the small FAQ section and dedicated support service, you can access learning resources regarding cryptocurrency trading from the brokers Yuan Pay Group integrates with. Also, consider website blogs, podcasts, and YouTube channels. However, before starting, verify the information you read and test your skills on the platform’s demo account.

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 trading.

In addition, Yuan Pay Group also claims to use artificial intelligence and intuitive protocols to make automated trades.

Customer Support

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 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

Support email

Available after registration

Support contact number

Available after registration

Live chat option

Available after registration

Other support options

Online form

Demo Account

Yuan Pay Group’s demo account is free for usage and functions like its live version. It is wise to start using the bot’s demo account, considering that some traders might have a high minimum deposit requirement. It is also a good platform to test your skills and decide whether you are ready to trade in the live market.

Security and Regulation Overview

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.

Is Yuan Pay Group Secure?

Yuan Pay Group offers numerous security features to protect your account, including SSL encryption and verification procedures.

It also uses regulated brokers to make trades. If this claim is correct, these partnered brokers follow financial rules set by governing bodies in their jurisdiction to keep your information and funds secure. However, we could not verify how many partner brokers are regulated.

Is Yuan Pay Group a scam?

Yuan Pay Group has been called a scam by users on social media websites due to videos that make fraudulent claims about success rates and pretend to be marketing material for the platform itself.

However, these videos are user-published and not published by an independent verifier or Yuan Pay Group themselves, so it is difficult to say with certainty how legitimate these videos are.

Yuan Pay Group Celebrity Endorsements

Many online Yuan Pay Group reviews state that top celebrities/companies endorse it. We researched these claims, and here are our unbiased findings.

Is Ryan Reynolds Related to Yuan Pay Group?

No. Ryan Reynolds is an American-Canadian actor featured on the Hollywood Walk of Fame. Sadly, rumors 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 or relationship with Yuan Pay Group.

Is Elon Musk Related to Yuan Pay Group?

No. Elon Musk is a famous American business magnate. He is the CEO of SpaceX and Tesla, one of the best electric car manufacturers. Musk has an interest in the cryptocurrency market, especially Bitcoin. However, he has no connection to Yuan Pay Group or 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 rumors 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 is interested in the cryptocurrency market. However, Ramsay has never used Yuan Pay Group nor endorsed it on any platform.

Is Mel Gibson Related to Yuan Pay Group?

No. Unfortunately, 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.

Is Shark Tank Related to Yuan Pay Group?

No. The Shark Tank show features entrepreneurs trying to receive funding from investors by pitching their business ideas. We reviewed all episodes aired but couldn't find one featuring Yuan Pay Group.

Is This Morning Related to Yuan Pay Group?

No. This Morning is a British TV show hosting guests to discuss the latest trends, cooking tips, sports, business and finance management, etc. Of all the episodes aired so far, not a single one is connected to Yuan Pay Group, making all rumors saying otherwise untrue.

Other Yuan Pay Group Reviews & User Testimonials

Besides testing and reviewing the Yuan Pay Group 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 Yuan Pay Group reviews and testimonials regarding a company or software. The top Yuan Pay Group reviews state that the robot is user-friendly with an intuitive design. However, users also highlighted scam calls and financial losses.

What Are The Top Yuan Pay Group Reviews on Trustpilot?

We also visited Trustpilot, where Yuan Pay Group reviews discussed the platform's ease of use for beginners. However, reviewers also complained about poor customer service.

Yuan Pay Group Review- Our Verdict

According to online reviews found during our research, we believe that Yuan Pay Group shows signs towards being a legitimate cryptocurrency trading platform. The platform operates in the same fashion as other automated crypto trading platforms that offer automated and manual trading worldwide.

However, with all cryptocurrency trading platforms, your capital is at risk, and you could stand to lose some or all of your investment.

Frequently Asked Questions

Do I need any crypto trading knowledge to get started with Yuan Pay Group?
Are there any risks of using Yuan Pay Group?
Does Elon Musk or any corporations (like Tesla) use Yuan Pay Group?
Yuan Pay Group celebrity and media endorsements, is it all true?
My Yuan Pay Group account is frozen, what can I do?
How much profit can I make with Yuan Pay Group?
Are there any hidden fees with Yuan Pay Group?
What to do if you're losing money with Yuan Pay Group?
How to stop receiving Yuan Pay Group spam emails?
Is Yuan Pay Group a scam and a pyramid scheme?
Can Yuan Pay Group be trusted?
What are crypto robots?

Contributors

Writer
Ryan is a crypto-aficionado who started writing about the topic 5 years ago. He likes to stay on top of current developments in the industry, and has invested in a number of different coins and projects over the years himself. His current obsession lies with with automated trading softwares and emerging AI-tools in the investment space.