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At Yuan Pay Group, we believe in empowering individuals to take control of their financial future through our cutting-edge technology. If you are passionate about the world of finance and technology, we would love for you to join us. We are currently hiring talented individuals in a range of positions, from software developers to customer service representatives. If you are looking for a dynamic and rewarding work environment, apply to Yuan Pay Group today. Our mission is to simplify the process of accessing, storing, and managing crypto yuan for individuals, businesses, and institutions.
Granted you will have locked in your purchase price at the time of purchase, but this means you won’t be able to easily use your purchase to start buying Yuan Chain Coin . There are several crypto wallets to choose from within the Ethereum network and TrustWallet appears to be the most integrated. If you are using a desktop computer, you can download Google Chrome and the wallet Chrome extension. If you prefer using your mobile phone, you can download the wallet via Google Play or iOS App Store if it’s available. Just make sure that you are downloading the official Chrome extension and mobile app by visiting the TrustWallet’s website. It is best to use peer-to-peer exchange platforms , which allows you to buy Bitcoin with your favorite payment method, and then exchange Bitcoin for Yuan Chain Coin.
Yuan Pay Group Forbes Magazine – There are many publications on Forbes discussing the intention of the Chinese government to launch a digital Renminbi. However, we have not advertised our trading system on Forbes, as some publications allege. Yuan Pay App has been trending in China, and the UK for months now. China is expected to launch the e-yuan in a few months, and hence many people are looking for ways to capitalize on the launch.
Mar 23, 2018, was the day when a smart contract for token was started on the Ethereum platform, approximately 4 years ago. As of today, there are more than 4.2 Thousand token holders. They can shut off any wallet they want when they don’t like something .
YCC Price Information
However, using the total supply as of Feb 21, The market capitalization of Yuan Chain Coin will be $39.2 Million. In the first instance, it should always be borne in mind that DCEP and Bitcoin/cryptocurrencies are vastly different. Key differences are that DCEP does not necessarily use blockchain technology and that it is a centralised currency under the control of a centralised authority.
The announcement also comes mere weeks after https://coinbreakingnews.info/’s joint venture with SWIFT, the dominant network facilitating international payments between banks. China has joined forces to explore cross-border payments for digital currencies alongside Hong Kong, Thailand, the United Arab Emirates , and the Bank of International Settlements . Bank-Approved – We work with all major financial institutions, making it easy for you to transfer your funds directly to your bank account. As an official partner of the Chinese National Yuan project, working at Yuan Pay Group provides unparalleled opportunities for growth and success. Be at the forefront of the digital currency revolution and take advantage of the benefits of being a part of a national project.
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YCC Technical Analysis
Our platform is already fully operational and open for use by the masses. Yuan Pay Group allows you to trade with complete control in unpredictable market conditions. Our platform can be used to assist new traders and those who wish to diversify their portfolios and boost their returns. We are equipped with some of the newest security features to ensure your data is safe, whilst you use our platform. Yuan Pay group lets you make deposits via Bank Wire or Credit and Debit Card.
He added that China has already amassed as much as 20,000 tons of gold. However this is mere speculation – China has no plans to return to the Gold Standard nor issue gold-backed cryptocurrencies. The article also touches upon our coverage of DCEP and discusses China’s progress in testing DCEP contrasted with the progress of introducing a CBDC in the US. These innovators challenge the status quo, and with the mounting advantages of DeFi, there may soon be a real contender vying for the attention of citizen-consumers. A thousand years ago, when money meant coins, China invented paper currency. Now the Chinese government is minting cash digitally, in a re-imagination of money that could shake a pillar of American power.
- In addition, DCEP doesn’t require the mobile device to be bound to a bank account – meaning the unbanked population will also have access to the digital currency.
- There is nothing wrong with purchasing at this price, but if you think the price will drop or wanted to get it at a lower price, then look at the limit price.
- The top exchange by buy/sell volume for the last 24h is Huobi with eth trading pair.
- If you wish to invest in Yuan Chain Coin , Huobi Global is a reliable cryptocurrency exchange that lists $YCC tokens.
- Using this quick step-by-step guide, you can start buying and investing in YCC using major exchanges such as Coinbase and Huobi Global.
It appeared as the safest way of storing and carrying crypto assets, and fortunately, there is a hardware wallet for Yuan Chain Coin. If you know how to buy Yuan Chain Coin, selling Yuan Chain Coin will not be a big deal for you. You can use the same crypto exchange platform to sell your YCC for cash or other crypto assets such as Bitcoin, Ethereum, Stellar, etc. Once it is done, you see the traded amount of Yuan Chain Coin in your account. Now it is up to you whether you keep your Yuan Chain Coin in the Binance exchange platform or trade Yuan Chain Coin for another cryptocurrency. Whenever you are confused about future Yuan Chain Coin investments and crypto trading, you can contact Binance to resolve the issue.
Since I’m not a licensed professional and the cryptocurrency market is so volatile, deciding between which one to invest in based upon value will be up to you. What I can tell you is that the majority of exchanges that offer investing in Yuan Chain Coin will allow you to purchase using Bitcoin . Crypto exchanges are where users can buy, sell, and convert different cryptocurrencies. Here you can find list of all YCC exchanges where you can buy and sell Yuan Chain Coin, trade YCC with other cryptocurrencies including stablecoins, and fiat currency.
Yuan Chain Coin-pris (YCC)
Remember, with how volatile the market is, there is no guarantee the price will drop to your limit price. Let me reiterate, I am not a licensed professional so I can’t give you any investment advice on how to handle the next step. If you purchased Ethereum at Coinbase, you are going to want to look for the YCC/ETH investment.
The Digital Yuan offers greater accessibility to the global financial market, making it easier for people to invest in the fast-growing Chinese economy. With the Digital Yuan, you can make transactions and payments effortlessly, without having to worry about the hassle of traditional banking methods. Anna-coulby — Please be very careful as there are fake bitcoin mining/clouding out there, lost my money with 3 seperate scam crypto investment companies and I can… Wanted to know how the future cryptocurrency prices would grow if we used the price gains of the leading social/technological innovations like Facebook, Smartphones, Data, etc.? Our forecasts here could give you some pointers on the potential future of these innovative technologies. We are a legit trading system rated highly by experts as well as individual consumers.
The gradual rollout of DCEP will also get the average citizen accustomed to the actual usage of digital currencies. Whilst the House Committee on Financial Services also sees Libra as potentially raising national security concerns, observers consider the challenge from China is not being taken seriously. Because on the other hand, China is worried that Libra will reinforce the dominance of the US Dollar and is therefore working on fast-tracking the launch of DCEP. And it is likely that China will outrun the threat from Libra.
The vpnranks.com Chain platform seems to have been around since 2018, but there’s no historical project information on the website. There may be some confusion that Yuan Chain Coin is the proposed DCEP, the digital currency used by the People’s Bank of China. Transfer your newly purchased BTC or ETH from your wallet to one of the exchanges listed below. If Binance is not available in your jurisdiction, view our list of exchanges that sell BTC or ETH for Government issued money.
Market cap is calculated by multiplying the asset’s circulating supply with its current price. The percent change in trading volume for this asset compared to 24 hours ago. None of these stated benefits are any different or better than 90 percent of ERC20 tokens out there. It’s what you would write if you wanted to launch a cryptocurrency but had no idea what you wanted it to be or how to build it. YCC is illiquid and would lose most of its value if Huobi ever delisted it.
Here is a list of some best cryptocurrency investment tracking websites and apps that you can use. Once your wallet is setup, you can login to your binance account and proceed to the Buy & Sell crypto webpage to buy the Ethereum. If you are not an existing user, you can refer to our How to Buy Ethereum guide on registering and buying your first cryptocurrency on Binance.
This speech has also been echoed by Li Wei, head of the People’s Bank of China. In April of 2020, China launched the Blockchain Service Network to unify all the Blockchain related projects in the Nation. Short-term and long-term Yuan Chain Coin price predictions may be different due to the different analyzed time series.
Find out Yuan Chain Coin price forecast with historical, fundamental and technical analysis. The cryptocurrency rating as accessed by BeInCrypto community is 6.22. On a recent episode of Kitco News, journalist Max Kaiser claimed that China will launch a gold-backed cryptocurrency, with the intention of destroying the USD as a reserve currency.
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