By now you must be fully aware of the potential and demand of cryptocurrencies in the entire world. There used to be a time when the industry found it even difficult to find any investors on the internet. Now, the industry has started gaining mainstream success and adoption and thousands of investors are coming in from major institutions such as Tesla, MicroStrategy, MassMutual, JPMorgan, and many more.
The cryptocurrency and blockchain industry has gained so much success that even countries are now compelled to invest in them. Countries from around the world have started investing in crypto-blockchain technologies. Every country is trying to get an edge over one another by gaining power and advancement over other countries. There are now many countries trying to launch central bank digital currencies (CBDC), however, China is currently ahead of every other country.
Chinese Digital Yuan and Yuan Pay Group
It was back in 2017 when the Chinese Government and regulators had banned the usage of cryptocurrencies in the entire country. However, with the launch of the digital-yuan, it seems that the country is now ready to go all-out in offering cryptocurrencies.
For a very long time, the Chinese Government has been in favor of launching digital-yuan and for this purpose, the central banks of China have worked closely with Yuan Pay Group. Yuan Pay Group is a firm that has been involved in the development, testing, and finally, the launch of digital-yuan.
The firm has worked closely with the Central Banks of China since 2014 to expedite the process and keep the regulators onboard with every action and development they make in the process.
Digital-Yuan Legally Launched by Yuan Pay Group
No matter how many other firms claim to be, but the Yuan Pay Group is the only firm that has been legally permitted by the Chinese government/regulators to offer digital-yuan. The goal that Yuan Pay Group is aiming to achieve is global recognition and adoption for the digital-yuan. Ever since the development of the digital-yuan began, more than 200 million investors from around the world have been following the process.
This goes onto show that digital-yuan has already gained a lot of adoption and recognition all across the world. Furthermore, Yuan Pay Group has the aim of increasing the 200 million investors’ number all the way up to 500 million by the end of 2021.
Furthermore, the Yuan Pay Group is aiming to replace 10% of the fiat yuan in the entire world with digital yuan by the end of the year and increase the price of digital-yuan to $5000 per coin.
Services Offered by Yuan Pay Group
As the digital yuan market continues to grow, Yuan Pay Group is aiming to add new and more interesting services to the platform but for now, it is offering the following services to its members:
Yuan Pay Group is Licensed and Regulated
One of the best things about going with Yuan Pay Group is that is a fully regulated and government license trading exchange that can provide you with the most comprehensible, convenient, and lucrative trading environment.
You Can Store Your Digital-Yuan on the Platform
Yuan Pay Group also allows you to store your digital-yuan on the platform for safe-keeping as it currently offers one of the most secure platforms for trading and holding digital assets.
There Are No Fees
If you choose to go with Yuan Pay Group, you will be surprised to know the platform does not charge any fees for signups, deposits, or withdrawals. Most importantly, it does not even charge any fees to investors when they are trading through the platform.
Trading Platform is Top-Notch
The trading platform offered by Yuan Pay Group is top-notch and equipped with tools that have been created to enhance the trading experience of the investors. The trading platform offered by Yuan Pay Group offers services/tools such as daily market reviews, daily price alerts, daily trading signals, historical reports, graphs, charts, single-click executions, and many more.
As Yuan Pay Group has worked closely with the Central Banks of China, it has, therefore, received an upper-hand when it comes to being trust by financial institutions from around the world. No matter the bank you may have your account in, you will never ever face any problems while making a deposit or a withdrawal through Yuan Pay Group as Yuan Pay Group is well-renowned among financial institutions.