🔥 E-Yuan (YCC) Buying Instructions | Paypal, Credit Card & SEPA
Anyone with digital currencies, i.e. the crypto currencies, who is concerned, will almost certainly come to the conclusion that - at least it feels like - new coins see the light of day every week. And it may be correct: Even if the newspapers are mostly from Bitcoin and Ether, the cryptocurrency of the Ethereum platform, report that there are many other digital currencies that also have potential that should not be underestimated.
It is important that you deal with the technologies in the background and also observe which projects are started and how they are completed in order to be able to find out which crypto currencies are definitely recommended if you are planning to invest in the long term.
One cryptocurrency to take a closer look at is called the e-yuan.
Buy E-Yuan from Germany, Austria & Switzerland Instructions:
At this point it should be mentioned in advance that it makes absolutely no difference whether you are at home in Switzerland, in Germany or in Austria. It is important that you get access to the crypto market. The place of residence is secondary and has at most only one meaning when it comes to the taxation of profit.
The e-yuan is a digital coinwhich is very interesting. But it is advisable to speculate or with the price to invest in the cryptocurrency over the long term?
First of all, it is about getting access to the crypto market. Here either over a crypto exchange or via an online broker. At this point it should be noted that there is an essential difference between investing - i.e. buying coins - or speculating, i.e. only dealing with speculation as to whether the price is going up or down.
Because one Crypto exchange First and foremost, it represents an access to then be able to invest. This means that you buy coins from the crypto currency E-Yuan and transfer them to the Wallet is the digital wallet, and is happy if the price of the cryptocurrency subsequently rises, as the invested assets also rise. If the cryptocurrency then reaches the desired price level, it can be sold. You don't have to sell the entire inventory, you can only sell part of it.
There is also the possibility of gaining access to the crypto market via the online broker. In this case there is only speculating on price movement. That means you don't buy one Coins of a digital currency, but only depends on whether the price of the cryptocurrency will fall (you open a short position) or rise (you open a long position). It is important to be aware from the outset that the crypto market is extremely volatile. That means: Anyone who misjudges the price development here has to take into account that there can be high losses. For this reason, it is important to only invest money that is freely available. So money that has already been planned for, for example for a trip, a car repair or even the rental requirement, is not to be risked, but only money that - in theory - may be less, without then going into a financial one Misalignment device.
With eToro there is a provider on the market who provides the services of an online broker and is also a crypto exchange at the same time. The advantage of this almost unusual combination? You can speculate with the price development about eToro, but you can at the same time Buy coins and Transfer to the internal wallet. It is not mandatory to use the internal wallet; One can also a wallet from an external provider choose.
Furthermore, eToro scores with the fact that social trading is offered here. That means, you take decisions like strategies from successful traders. So you can participate in their successes. However, it should be noted that there is no guarantee of profit. Even an experienced trader, who sometimes even makes a living by trading, can be wrong and misjudge the market. Therefore, one should also be careful here and not invest any capital that is needed for certain expenses.
The online broker eToro is regulated. The provider is based in Cyprus. That is the reason why the CySEC, the Cyprus Securities and Exchange Commission, is behind the broker, which then checks whether the broker complies with all rules. But that doesn't mean that different rules have to be followed than if the broker were based in Germany or France. Cyprus is part of the European Union and so the same rules apply here.
If you find out that the offer from eToro corresponds to your personal ideas, you can now open an account with the provider.
Step 1: Register with eToro
Registration is easy and very simple. Above all because eToro has focused on addressing laypeople as well as lateral entrants from the start - so the registration process is actually self-explanatory. You only have to enter a few personal data: This includes the first and last name or also the e-mail address and a user name of your choice. Finally, a password has to be generated. It is important that you create a combination of uppercase and lowercase letters, special characters such as numbers in order to increase security.
Once the registration has been completed, which usually only takes a few minutes, the first deposit can now be made.
Step 2: Deposit with PayPal, credit card or instant transfer
eToro scores with a variety of deposit methods. Because some online brokers only accept bank transfers or credit card deposits. eToro provides other services here - such as PayPal, instant transfer or various eWallets. Especially PayPal is an interesting optionto be able to deposit money, as one benefits from the real-time transaction here. That means the money is available immediately.
If you decide to use a bank transfer, for example, you have to be patient for around two to four working days until the money is available in the account. This is the transfer with the longest waiting time.
After the transaction has been completed, you can then Buy coins or speculate with the price movement.
Step 3: buy and sell e-yuan
This process is also self-explanatory with eToro. You specify the number of coins that you want to transfer to the wallet, and eToro calculates how high the amount to be invested must be. But you can also specify the amount you want to invest, and eToro will tell you how many coins you will get for it. By the way, you don't have to put the coins in the internal wallet transfer, but can also choose the wallet from an external provider.
If you click on "X2", however, the price speculation will start. In this case, you do not acquire any coins. That means you don't need to use a wallet.
E-yuan buy deposit methods
eToro convinces with a variety of deposit methods. If you are unsure how money should be loaded into your account, you can deal with the different payment methods and should consider the advantages and disadvantages that are decisive for you.
E-yuan buy PayPal
Is particularly popular the online payment service PayPal. The transfer is carried out in real time. This means that if you confirm the transfer at 11 a.m., the money will be available in the eToro account at 113:01 a.m. Due to the fact that PayPal can be found in almost all online shops, it may be a well-known variant. If you don't have a PayPal account yet, you can also change that quickly. Registration here also takes less than five minutes.
Buy E-Yuan Sofortüberweisung
With the Sofortüberweisung there is another very promising and popular method to transfer money in real time. The advantage over the payment service PayPal? You don't need another provider, you access your bank account here. This means that the amount to be transferred is transferred in real time from the bank account to the broker's account.
E-yuan buy credit card
Real-time transfers are also available if you choose to pay by credit card. You only have to pay attention to whether the selected credit card company is also accepted by the broker. If this is not the case, you cannot make a deposit with the credit card. Furthermore, you have to pay attention to the limit.
Buy e-yuan with Paysafecard
Will be about the paysafecard is accepted, a deposit can also be made into the account using this method in order to then be able to buy E-Yuan with the Paysafecard.
How to buy and sell e-yuan
When it comes to buying coins of the crypto currency E-Yuan, it is important to clarify for yourself the price at which you want to invest. This is also the case when you think you want to generate a profit through the sale. In other words, at what price level are you ready to sell the coins?
- Buy e-yuan without registration: It is not possible to start a purchase process without registering. Because it doesn't matter whether you speculate with the price development or buy coins of the digital currency - because you know in advance a broker or stock exchange must register, acquisition without registration is not possible.
- Buy e-yuan anonymously: This is also the case if you plan to invest money anonymously in e-yuan. Because in the course of the registration personal data must be given, so that an anonymous purchase is also not possible.
- Buy e-yuan without verification: If the verification process is only prescribed in the course of the first payment, one can at least say that it is possible to buy without prior verification.
Where to buy e-yuan cheapest: crypto exchange fees comparison
If you invest in e-yuan, it is important to get an overview in advance of how the fees are going. Only when you have dealt with the fee model and have been able to clarify for yourself that you agree with it, should you take advantage of the offer of the broker or the exchange.
Buy or not e-yuan: is it worth buying e-yuan?
Assuming that the crypto market will gain strength, then e-yuan may also benefit. There are very likely one or the other forecast that sees the e-yuan soaring - however, the e-yuan is still a fairly unknown cryptocurrency, so you should be careful if you decide to use it To buy coins of this cryptocurrency.
Other special features when purchasing an e-yuan
In 2017, the Chinese government approved the Trading cryptocurrencies forbidden. Subsequently, the Yuan Pay Group dealt with creating a platform with which it should still be possible to participate in the crypto market. If you follow the Yuan Pay Group, the price of the e-yuan, which is also known as the digital yuan, is 0,02 US dollars or, in some cases, 0,03 US dollars.
The e-yuan may still be in a kind of test phase, but according to the experts, it will soon be fully integrated into the crypto market.
Buying an e-yuan Conclusion: This is the best way to buy an e-yuan
We at Bitcoin-News.one find that if one is convinced of the positive future development of the e-yuan, it may be advisable to invest as soon as possible. The price is very low, so a small investment could result in high profits if the price does indeed rise in the foreseeable future.