Special Report: China Officially Approves And Finances The Development of CryptoCurrency Naming It "Official Coin"

2022. 7. 22. 22:33■ 국제/CANADA

 
 
22,089 views Friday 22. July 2022

Special Report: China Officially Approves And Finances The Development of CryptoCurrency Naming It "Official Coin"

Eryk Bagshaw Journalist
Financial News | Paid Program
Innovation

It’s finally happened. A major worldwide government has just bestowed a huge vote of confidence and legitimacy onto the world of cryptocurrencies. China, in an unprecedented move, just announced that they are officially adopting a certain cryptocurrency as China's official coin!

The government of China just informed that they have chosen a preferred firm for the purchase and marketing of their new coin - YuanPay Group. The sales of China's coin officially started on 21 of July 2022 and currently these coins can be bought only from YuanPay Group.

In fact, China deputy minister of finances, Liu Kun, informed that their new official coin stating price is just CA$0.07!

! 1 Chinese Yuan equals CA$0.07

That’s right, the coin is incredibly inexpensive in comparison to most other coins out there. Bitcoin, for example, trades at CA$37,878.01 at the time of this writing and Ethereum trades at around CA$2,493.89.

We were able to get Sir Richard Branson’s thoughts on China’s new coin and this is what he had to say:

Sir Richard Branson stated: "Every time a major corporation announces even a small partnership with an individual cryptocurrency, that coin’s value skyrockets. I can't wait to see what is going to happen when a government officially adopts crypto. When the name of China’s coin is released, many people will become millionaires practically overnight."

A few of us at the editorial team were curious enough to buy a couple coins just to see how everything looks and what the reading fees are like.

It was fairly easy to get the coins, but i will show you the whole process below for those that are interested.

First step was to fill out all the details. As you can see, nothing complicated so far.



Second step, I was taken to YuanPay Group's wallet, where they chose my country specific broker to buy China's coins.



Third step, I was taken to purchase page and had to fill out my details.



At the time I bought the cryptocurrency, its cost was CA$0.084 per coin, so my initial deposit of CA$250 became 2,976.19 coins. You can see current value of my coins on the same page.
PS: As an early investor they gave me 1,367 extra coins for free!



The whole process was simple and I even received a phone call from one of YuanPay Group's friendly agents, but I didn't really need any help as the whole process was easy enough.

After finishing this article, literally around 4 hours, I checked my wallet again and to my surprise:



In only 4 hours, the price increased from CA$0.084 to CA$0.216. At this point, I was positively surprised. I am not selling my coins as of yet because all the experts predict that the price will rise to at least CA$2,134.99 per coin in matter of months.



YuanPay Group was kind enough to give us a 100% accurate coin movement price counter, so everyone can see the increase directly on this page.

OFFICIAL PRICE CURRENTLY
1 COIN = CA$0.234
(Note - price is being updated every 30 minutes)

 

With a story of this nature, news seems to be breaking every so often, we’ll be sure to update the story as needed. Click the button below to know more about YuanPay Group.

Try YuanPay Group

You can also register to YuanPay Group directly from this page by using the registration form below:

 
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