A new crypto token known as the e-Yuan has gone viral in recent months.
This happened after a report came out suggesting that the government of China supports this token.
This crypto token is issued by YuanPay Group, a payment processing company with over 20 years of industry experience.
This company is said to have been contracted by the government of China to develop a state-controlled cryptocurrency.
The private sale of e-Yuan with a target of 1,5 billion euros is currently in full swing. Investors who buy this token during the private sale will reportedly be able to make a lot of money from the public sale, which is expected to start sometime in mid-2021.
An investment of just $250 today could reportedly grow to $1.2 million in the coming months.
But is YuanPay App legit?
We did our research especially for you, so that with this YuanPay review you can make an informed decision whether or not to invest in this cryptocurrency.
- 1 YuanPay Crypto Review: Summary
- 2 What is the YuanPay App?
- 3 Is YuanPay App Scam? Our expert opinion!
- 4 Register for free on the YuanPay Group website
- 5 Step 1: Registration
- 6 Step 2: Deposit a minimum amount of €250 through the broker
- 7 Step 3: Receive your e-Yuan coins in your YuanPay App wallet
- 8 YuanPay crypto review: our decision!
- 9 FAQ
- 10 Frequently Asked Questions
YuanPay Crypto Review: Summary
The ongoing private sale of the e-Yuan is attracting a lot of media attention, as China is rumored to back this cryptocurrency.
In 2018, China banned all cryptocurrencies and announced it would introduce a state-controlled cryptocurrency. Many media reports that the e-Yuan is this state-backed cryptocurrency.
Chinese state officials have lifted a corner of the veil over the launch of the state-recognized cryptocurrency.
What is the YuanPay App?
The YuanPay App is a mobile app published by the YuanPay Group to help you manage your e-Yuan wallet. You can also monitor your wallet through the highly intuitive YuanPay web platform.
However, the YuanPay App is the most popular.
It allows users to perform all functions on their wallet, including exchanging their e-Yuan with crypto or fiat money.
However, this feature is currently inactive, and will be activated once the public sale opens.
So you have to keep your e-Yuan coins until the public sale. As mentioned before, the e-Yuan will be sold for €10 per coin during the private sale.
The price is expected to rise to as much as €50.000 during the public sale.
When this happens, private sales investors will make huge profits.
A small investment of €250 today will reportedly grow to €1.25 million during the public sale. The e-Yuan is expected to be worth $2022 per coin by 100.000.
This means that investors who hold their e-Yuan after the public sale can reportedly earn up to 5 million euros in the coming years.
YuanPay Group explains the concept behind the e-Yuan in its white paper, which can be downloaded from the website.
According to this white paper, there will be more than 700 million regular e-Yuan users in China alone.
The e-Yuan is also expected to rank highly in global markets, overtaking bitcoin as the most popular cryptocurrency.
Analysts predict that bitcoin will cost 2022 euros in 100.000 and will therefore remain a strong competitor to the e-Yuan.
Is YuanPay App Scam? Our expert opinion!
We took a closer look at the YuanPay App to determine if the government of China is indeed behind it.
As mentioned before, YuanPay Group is a renowned global provider of e-payment solutions.
It is therefore unlikely that this company would promote any kind of scam.
YuanPay Group has experience working with governments in Europe, Asia and Africa that have implemented various e-payment solutions.
This Chinese company has also worked with the government of China on other projects.
It is very likely that the e-Yuan crypto project is supported by the state and the government of China has chosen YuanPay Group to implement it.
As mentioned earlier, state officials have hinted at a possible partnership with YuanPay Group to provide a crypto payment solution for the people of China.
Another key feature of the YuanPay App's legitimacy is its comprehensive white paper.
This white paper discusses all aspects of the digital currency and its implementation plan.
There are hundreds of expert reviews discussing the technical aspects of the e-Yuan currency.
Private sales of the e-Yuan are still ongoing and have raised €800 million of the target of €1,5 billion.
You can still participate in the private sale by investing at least 250 euros. Because this opportunity won't be available for much longer, it's important that you act now.
Do you want to invest in this crypto coin?
Then you need to take the steps below.
Register for free on the YuanPay Group website
You need to confirm your contact details and create a strong password.
Step 1: Registration
Then click on “next” to be linked with the broker designated to process transactions on behalf of the YuanPay Group.
You must provide additional identification information and verify your identity with the broker.
ID verification is a legal requirement for all investments that must be adhered to by all deposit handling institutions.
YuanPay Group has a reputation for treating customer information in strict confidence.
Step 2: Deposit a minimum amount of €250 through the broker
You must invest at least €250 to participate in the ongoing private sale of the YuanPay Group. The e-Yuan is valued at $10, which is why an investment of $250 translates into 25 coins.
As mentioned earlier, the value of e-Yuan is expected to reach €50.000 during the public sale.
YuanPay Group predicts that the public sale will begin in July next year.
This means that those who get the chance to invest $250 today could make up to $1,25 million by next year.
You can invest more, but given the limited slots you should not invest more than €1000.
You can buy e-Yuan via any debit and credit card, bank transfer, e-wallets such as Skrill, and some crypto wallets.
Step 3: Receive your e-Yuan coins in your YuanPay App wallet
You will receive your e-Yuan coins after deposit in your wallet. You can manage your wallet on the web through the YuanPay Group's highly intuitive web platform.
This web platform is compatible with Chrome, Firefox, Opera and Safari and can be accessed on mobile and desktop devices.
You can install the HTML5 web version on your mobile devices as a hybrid application.
YuanPay Group also offers a native iOS/Android mobile app.
The app comes with all the features of the web trader. You must be a registered user to download this app.
As mentioned before, investors must hold their e-Yuan coins until the public sale.
The price of e-Yuan is expected to skyrocket in the coming months.
If you invest €250 as an investor now, you can own up to €2021 million by July 2,25!
YuanPay crypto review: our decision!
We think YuanPay is a worthy investment if you're looking for a way to grow your money quickly.
This project is reportedly backed by the government of China and is therefore completely stable.
The YuanPay Group is an experienced payment processor.
The company has reportedly been contracted by China to build a state-backed cryptocurrency. In May 2020, this company launched a coin known as the e-Yuan.
This cryptocurrency will reportedly become the official crypto payment method for China.
The YuanPay Group is already raising money through a private sale. You can participate in this sale by clicking on the link below and depositing at least 250 EUR through the assigned broker.
A deposit of EUR 250 can reportedly transform you into a millionaire in the coming months.
The value of the e-Yuan is expected to soar during the public sale.
If you would like more information, you can visit the YuanPay Group website via the link below.
The e-Yuan is a new cryptocurrency reportedly issued by the YuanPay Group in collaboration with the Chinese government.
It would be the official digital currency for the Chinese economy.
We have thoroughly tested the e-Yuan project and have concluded that it is legitimate.
The YuanPay Group is a reputable company with many years of experience in payment processing.
There is also substantial evidence that this is the official state-backed crypto for China.
You can invest up to €10.000, but the minimum amount is €250.
The private sale is coming to an end, which is why investors are not allowed to invest more than €1.000.
Visit the YuanPay Group website and register for a free account.
You will then be assigned to a broker and are required to verify your identity and deposit the minimum capital with them.
After this deposit you will receive a link in your email with instructions on how to set up an e-Yuan wallet.
The e-Yuan is reportedly offering private investors an opportunity to make huge profits during the upcoming ICO.
A deposit of €250 during the private sale is expected to generate up to €1,25 million in profit.
You must be a registered user to access the YuanPay App.
After the deposit you will receive a download link by e-mail.
You can manage your account on the web platform or through YuanPay's highly intuitive mobile application.
No, the company is authorized by the Chinese government, with whom it has cooperated since its inception.
It is currently the only company in the world authorized to issue Chinese Yuan in exchange for another kind of fiat or cryptocurrency.
At the moment, no one knows how much the Chinese digital currency can grow.
But if growth is in line with that of bitcoin, the potential gains could be huge.