You visited a website, got a mail, or saw an advertisement and are asking yourself:
Is Yuan Pay Group safe & legit or Scam & Fake?
According to our experience, Yuan Pay Group is a scam!
For your investment in cryptocurrencies, Bybit is a reliable and reputable alternative:
Reading this review and comments will save you money and show you safe alternatives to buy Bitcoin or other cryptocurrencies. Because crypto is a great thing, but some sites are not!
If you already registered with Yuan Pay Group and have made your own experience, please use the comment section below to share your knowledge and help others.
Table of Contents
Key Takeaways
- Yuan Pay Group is, in our opinion, a rip-off and scam
- a reputable alternative for trading cryptocurrencies is Bybit
- read our full review to learn all the details about Yuan Pay Group
Is Yuan Pay Group Scam?
According to our opinion, it is, and with this easy comparison, you can make an opinion yourself:
| Criteria | Yuan Pay Group | Bybit |
|---|---|---|
| Realistic Promises Is the product advertised correctly? | No | Yes |
| Real Profits Have users already made real profits? | No | Yes |
| Risk Warnings Are investment risks shown prominently? | No | Yes |
| Real Testimonials Can you verify the reviews and customer testimonials? | No | Yes |
| Solicited Contact Did you get in contact with the broker on a trustful source? | No | Yes |
| Client Funds Is the handling of customer money transparent and disclosed? | No | Yes |
| Verification Do customers have to verify their identity? | No | Yes |
| Company Information Can you find the address and contact information? | No | Yes |
You can check all the above points directly on the website of Bybit.
About Yuan Pay Group
Also, there is not much information available, this is what we could find about Yuan Pay Group:
| Name | Yuan Pay Group |
|---|---|
| Company | unknown |
| Address | unknown |
| Website | seen on different domains |
| App | unknown |
| Contact | unknown |
| CEO | unknown |
| Founded | unknown |
| Payment Methods | unknown |
| Fees | unknown |
| Languages | unknown |
Conclusion
There is not much left to say: You read our review of Yuan Pay Group, and we hope you got to the same conclusion as we did:
Stay away from Yuan Pay Group because, in our opinion, it is a scam.
But don’t let this stop you from looking into cryptocurrencies. There are safe and secure ways to buy your first cryptocurrencies, and we can recommend you to have a look into Bybit.
Frequently Asked Questions
We collected and answered some of the Frequently Asked Questions about Yuan Pay Group:
What is Yuan Pay Group?
Yuan Pay Group (which we reviewed here) is one of hundreds of marketing funnels several brokers use to acquire new customers. It doesn’t matter which broker you finally sign up with or if the broker is regulated (or not). Or if it is not even a broker but just an online simulation. These marketing funnels violate the most straightforward marketing (and moral) standards, promising easy profits and more. Point!
Is Yuan Pay Group safe & legit?
When reading this review, we will show you a simple process of how you can find it out yourself and make your own opinion. By doing this, you don’t have to trust us or other websites, following the concept of DYOR (do your own research).
Why do some reviews say that Yuan Pay Group is safe?
Pecunia non olet or: Money doesn’t stink. According to our information, you can earn between $500 and $800 per new depositing client when promoting Yuan Pay Group. And this is at least five to six times higher than promoting safe crypto brokers and exchanges. And within our review, this leads us to one conclusion. More questions?
I'm part of the crypto space since 2013 and I strongly believe in it. But I also know how it feels to get scammed and to realize financial losses. With my website Cryptoscam.info I want to support you to stay safe and to give you a platform to share your experiences.
I got scammed by Yuan Pay Group, wished I would have seen this earlier! Saw an ad on Facebook, deposited 500€ and now they are gone…
Please don’t fall into this scam website!
really scammy. They want a direct bank transfer to an hungarian bank. I then was very sceptical and ended the call. Yea also wanted give a 250 € Bonus on top of the 250 € minimum deposit …
Company Name: JKS Make KFT
Company Address: 1106 Budapest, Gyakorló utca 22 fszt I
Bank Name: MagNet Magyar Bank
Bank Address: Andrássy út 98, 1062 Budapest Hungary
IBAN: HU19 1620 0106 1168 4507 0000 0000
Swift Code: HBWEHUHB
Reference, Payment Reason, Message to Recipient: Payment for invoice
Thanks for sharing the details, Peter! Can you also share the name of the broker?