YuanPay System Review: Start Trading With First Government Cryptocoin
After the emergence of Bitcoin, much has changed in favor of investors and traders who have collected crypto coins. The main point of cryptos is that cryptocurrencies are totally independent of government and central banks, making them most volatile and even valuable for trading. Such independence is provided by blockchain technology, but are there cases when a cryptocurrency is controlled by the government?
This is where the YuanPay System becomes popular and unique among other crypto trading platforms. First of all, it’s the first precedent when cryptocurrency is supported and promoted by the government of China. Secondly, this platform offers its own national coin, a concept new to crypto trading. In China, other cryptocurrencies are banned, and now, the only legal option is China coin, which is expected to change a lot in trading with cryptos. So, read on and find out more about this unique trading bot supported by the government.
YuanPay System crypto trading platform: benefits and downsides
Benefits of YuanPay System app
- Hassle-free registration and account verification
- Higher levels of precision and speed performance
- User-friendly interface
- Faster withdrawals
- Higher potentials of earning
- Compatible with all devices
Downsides of YuanPay System app
- No mobile app
- Focus on one cryptocurrency
How does YuanPay System work? Understanding algorithmic crypto trading
YuanPay System is an automated trading platform offering algorithmic crypto trading options with trading bots. It will take not more than half an hour to set up trading rules, and the rest will be done on your behalf. So, with this automated trading platform, you’ll save lots of time selling and buying China coin. The platform employs unique and proprietary software making precise performance along with impressive speed. What’s more, you’ll benefit from the following features, too:
- Algorithmic crypto trading: this idea involves the detailed analysis of the market which is possible to the set of complex algorithms provided by the software. Such trading is also supported by AI to make the process of trading more precise.
- Maintaining the trading process: another interesting point of using this trading bot is that it keeps trading without any interruptions, which isn’t the case with manual trading. In other words, thanks to reasoning and logic, the trading is free from human emotions.
- Backtesting feature: another practical feature that may help you set up trading rules is to access the previous trading sessions and assess the best trading strategies. Such a feature helps you come up with your optimal strategy.
- A chance to manage risks: besides great points of automated trading, there are options that help you limit the possibilities of risk. Since trading online involves some risks you should be ready for, you can limit some of them by, for example, a stop-loss feature.
YuanPay System crypto trading platform details
What makes the YuanPay System so appealing? It’s not only about the introduction of the government-supported coin, but the site is completely free. So, you won’t be bothered by extra or hidden fees. Thus, being a trader on this platform is a great chance to earn and learn more about algorithmic crypto trading.
Currencies and payment methods supported
Stemming from the idea of supporting and promoting national crypto coins, it’s not surprising that you’ll be dealing with a single China coin. So, don’t expect to be trading with other cryptos. When it comes to payment methods, you’ll find many options, and the main ones include the following:
- Bank Transfer
- Giro Pay
Since it’s a Chinese platform, you can access the site in Chinese, yet the English option is available too. What’s more, the support team will also support you in these languages. Thanks to the professional approach, support is easy to reach online. All you need is to access the help desk page, where you leave the description of your problem and your email address. The response will come within a short time.
Since the platform doesn’t have any mobile app, it offers a solution with its compatible feature. It doesn’t matter whether you're an Android or iOS user, you can enjoy trading on the go thanks to the site’s compatibility.
Is YuanPay System legit?
The trading platform doesn’t charge anything, so why not benefit from free services on YuanPay System. Thanks to the ultimate safety of the platform, your data will be protected from cyber-attacks and hacking attempts. What’s more, the software of YuanPay System is another reason that ensures almost risk-free trading, making it a more legit and reliable platform.
YuanPay System: how to start trading China coin?
Once you visit the homepage of YuanPay System, you’ll be impressed by the simplicity and easiness. What’s more, you’ll find lots of interesting information about the founders of the site and the uniqueness of the China coin. After spending some time online, you may start registering:
- Registration: on the registration form, you’ll provide the basic information along with your phone number and email address. To pass verification, you need to receive a phone call from the local broker and check your email.
- Investing: after you verify your account, you need to make a deposit. For now, the minimum requirement is 250 in USD or EUR, as they’re the main currencies supported online.
- Demo account: before you start trading online, you may test the system with a demo account. Check how crypto-automated trading works in the virtual account. With this crypto trading bot, you’ll learn more about trading China coin.
- Trading online: once your payment is approved, you may set trading rules and initiate automated trading online. However, if you’re a professional crypto trader, you may benefit from the manual trading option.
YuanPay System is an automated platform offering algorithmic crypto trading focusing on China coin, which is backed up by the government of China. Why not test something unprecedented and unique? It’s a chance to earn even more.