Dubious crypto offer from Yuan Pay Group Cryptocurrencies have become popular again at the latest since Elon Musk's statements and are on everyone's lips after the strong slump due to various external influences.
One of them is certainly the Chinese government's rigorous action against crypto miners in its own country and the ban on trading.
Not because China has a problem with cryptos and its energy balance. On the contrary.
China is in the process of testing its own cryptocurrency (E-YUAN), among other things with the aim of becoming a leader in the field of blockchain technology and to declare war on Bitcoin, but of course also to further develop their surveillance state to a perfidious extent, because the anonymous basic idea of Bitcoin and Co no longer play a role in the "E-Yuan" of course, but probably more the complete control over the finances of the population.
However, this is not directly about China, but about the YUAN PAY GROUP, which offers the E-YUAN with exuberant price forecasts for purchase, or investment.
Since I myself like to invest in cryptos and of course I am always on the lookout for new interesting projects and investment opportunities, I would like to give you a WARNING about this offer, because I tried to find out myself for investigative reasons what the offer is all about.
Reasons to avoid this offer:
1. Availability: the E-YUAN is not for free sale, nor is there any possibility to purchase it at all at the moment. It is in the testing phase within China and is only available to a small part of the population there.
2. Promises: The website aggressively advertises promises of profits, even though they use the subjunctive.
They talk about these profits once the E-YUAN is launched. Here, however, one then wonders what exactly one is really "investing" in, since ultimately one cannot and will not receive any coins in the digital wallet in return. Also, it is not a CFD trade.
3. Profit: If the E-YUAN then really comes, it will be most probably a stable coin, since this is to be used as a regular payment method and thus may not be subject to volatile price fluctuations. Here I don't really see the chance to make high profits (and losses), as this would lack any sense.
4. Presentation: If you nevertheless enter your contact details (I used a fictitious name, test mail account and a pre-paid number), you will be taken to the website of a "broker", which is so poorly programmed and presented that all alarm bells should ring here at the latest.
Here you are supposed to deposit your money, but there is no trace of an e-yuan.
5. Harassment: But it gets even better, because already after a short time you get calls from, for example, Denmark, Germany, England and other countries from so-called "consultants" who urge you to deposit and want to explain once again the urgency and "advantages" of the offer.
You can only prevent this by blocking the numbers, as a NO is not an option for these gentlemen. Likewise, you are additionally contacted by mail.
6. Common sense: A serious broker would never harass the customer with telephone terror in order to urge him to invest his money, nor would he want to distinguish himself with lurid statements and, if you will, simply lie to the customer.
Another indicator of unseriousness: twice as many coins with an investment of 250€? Which broker can afford such a thing? :D
Conclusion: No matter what you read on the Internet for positive reports about the YUAN Pay Group, they do not correspond in any way to the truth and are intended to mislead.
If you want to shoot your money out the window, give it rather to me!