Yuan International Review 2024: Is It a Legit Trading Platform?
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When trading crypto online, it can be time-intensive and require some skill to enter and exit trades profitably. Trading robots are the go-to solution for those who want to minimise their effort and maximise their potential. Yuan International has hit the market, claiming daily profits for users, with a focus on its self-titled ‘pinnacle of crypto intelligence software’ and leverage options. It has been a while since we’ve seen a provider make such bold statements, so let’s dive into our review.
What to expect from Yuan International – at a glance
Many newer trading robots in the last year have been keeping everything from their services to fees under wraps. And sadly, Yuan International seems to be largely the same. While it claims to offer a blend of automated and manual trading systems to boost leverage trading potential, there is no suggested win rate or talk of partnerships with registered brokers.
This leaves us with the difficult job of having to assume the features and services that Yuan International is likely to offer, but what we do know is that you’ll find:
- A minimum deposit of $250
- Support for cryptocurrencies, including Ethereum, Bitcoin, Ripple and Litecoin
- Potential deposit and withdrawal fees
- No mobile app
- Limited access to customer support for non-registered users
- No information on transaction speeds
Typically, trading robots will perform by utilising AI and machine learning protocols to intuitively enter and exit attractive trades. Of course, the aim is to maximise profit potential and take the hard work and headache out of manual efforts. Yuan International says that it will be a worthwhile selection for traders of all skill levels, whether they are new to crypto markets or have a wealth of experience.
A closer look at Yuan International’s trading capabilities
From top-shelf trading services to engaging with manual and automated features, users will be able to do everything from get established in crypto niches to diversify their portfolios with ease. It isn’t clear whether the trading signals provided by Yuan International will be executed by a third-party brokerage or by the automated software developed for the site. It does claim that it has a simple user interface and that there is an education hub on offer, but this remains to be seen as it is hidden behind the initial deposit paywall.
When users decide to partake in manual trading, Yuan International claims to provide access to a range of crypto signals. These are typically generated by algorithms and machine learning protocols and then sent via either the desktop application or through email. In both manual and automated scenarios, users should be able to set their own parameters, track performance, practice risk management and make the most of the tools and features available.
Despite doing some extensive research, we couldn’t find any information about whether demo trading is supported. This can be an extremely important feature for those who are new to the niche, and it can also be part of a good risk management strategy. Even more experienced users are advised to take some time using demo features when signing up to new trading robots. This is to ensure they understand how everything functions and can get a feel for the software.
Overall, there is very little information to go on when trying to define the tools on offer or how the platform actually operates. Outside of speaking of an innovative crypto trading software programme that aims to discover the “abundant prospects of trading”, it feels a little more like an attention grabbing storefront for trading software that isn’t focused on consumer needs via transparency.
The pros and cons of Yuan International
One of the things that we do like about Yuan International is the fact that it claims to offer both automated and manual options when trading. This means that users will potentially have the ability to customise their overall experience. Trading can be a potentially lucrative activity, so being able to fully utilise all of the tools, analytics and data insights available can make or break efforts. Let’s take a look at the pros and cons, so you can weigh these against each other and make an educated decision.
Pros
- Manual and automated trading options with the potential to tailor strategies, balance time commitment and more
- Fast deposits withdrawals
- 24/7 customer service for account holders
- Suggested access to leveraged trading options
Cons
- No mobile app
- No clear details on withdrawal speeds
- No suggested win rate
- No demo trading feature
- No clear details on potential fees
- While leveraged trading is apparently a main feature, there is no mention of partnered brokerages, how this functions, or any other related information
With leveraged trading in mind, it’s worth considering that there is a disclaimer under the sign up form to warn users that those trading with regulated brokers won’t qualify for investor protection. Making trades supported by broker funds will have its own risks/rewards, so be sure you understand exactly what’s involved and who you are working with. Don’t forget to look at any potential fees and processes they may have, as they’re standalone companies. Always check for transparency and regulation with the correct authorities (such as CySEC) to ensure safety.
Yuan International’s top features
User interface
One of the things that Yuan International does promote is a highly intuitive user-interface. Aiming to meet the needs of users of all skill levels and experiences, it prioritises simple navigation, easy access to features and even claims to offer a comprehensive trading guide and market insights.
Support for leverage trading
Plenty of trading platforms partner with registered brokers to provide leverage trading options that can support efforts. This typically means the trader will put a small amount towards a trade (known as a margin amount) alongside borrowed funds to enter higher-value positions, or trade more frequently. As mentioned above, this has its own risks, and as Yuan International doesn’t explain exactly how leverage is provided, ratios, fees, or any other necessary related information, users should be aware.
Multi-device functionality
To ensure a smooth customer experience, Yuan International claims to support compatibility for multiple devices. Although it doesn’t have its own mobile app, it can be used on the web across computers, laptops, smartphones and tablets with a cohesive, uniform design. This will simplify and provide a seamless trading experience whether users prefer to trade from home or on the go.
Supported cryptocurrencies and payment methods
When it comes to trading crypto, you’ll want to ensure that your chosen currency is accepted, but you may want to look for a varied catalogue if you want to diversify your portfolio. Yuan International supports all of the major cryptocurrencies, including Bitcoin, Litecoin and Ethereum (while stating ‘and more’). It will likely be easy to deposit and withdraw, but there is no clear information on payment methods, so we’d expect the traditional use of bank transfers, credit and debit cards and potentially eWallets like PayPal.
Customer service
Sadly, there is also no clear information on how customer support functions or how well established it is. We assume that users will have access to agents via phone and email at the very least, 24 hours a day. If there is access to brokers for leverage trading, these will often have their own systems in place and you should be given a dedicated account manager once making the initial deposit that you can pose questions to.
It will be a good idea to remember that none of the above information can be verified without creating an account and making an initial deposit of $250.
Who are the Yuan International developers?
In keeping with the Yuan International theme, there is no information out there about the developers or minds behind the platform. While this is not uncommon (after all, the creator of Bitcoin still remains anonymous after over a decade), it’s not great when there is no actionable information to go on when researching the credentials of the individual(s) who created the software or established the brand. Some online reviews suggest that Yuan International does have an experienced team behind it, but nothing is definitive.
Are there any celebrity endorsements for Yuan International?
There are so many claims out there that trading software and platforms are supported by celebrities and even popular TV shows (such as Elon Musk and Dragon’s Den), but these are rarely true or substantiated. As there is so little information about Yuan International to be found online, we couldn’t actually find any such claims. This doesn’t really matter in the grand scheme of things of course, but it could be worth keeping in mind as a positive point.
How to start trading with Yuan International
Step 1
Users will find a quick signup form at the top of the Yuan International landing page. All you’ll need is a few seconds to fill in your full name, email address and your most used phone number. While this isn’t verified, you will likely receive a phone call with an account manager to walk you through the verification process. There is a disclaimer stating that your information will be shared with third-party trading services, but as they claim to offer leverage, this shouldn’t be a surprise.
Step 2
Make your initial deposit of $250. This is a standard process across the industry and will be entirely yours to trade with (as in, it is not considered a fee). Typically this step will involve utilising demo trading features before using real funds, but there is nothing to suggest that Yuan International has one.
Step 3
Whether you are hoping to trade manually or with automation, take some time to set your preferences and parameters and start small. Get a feel for the markets and software available and build your efforts as you learn and gain more experience.
Account deletion isn’t always possible when using trading software and we couldn’t find any steps online to assist with this on Yuan International. If you would like to know if this is possible or how to do it, you can always ask the account manager when going through account set up. In many cases, it should be as simple as finding the settings menu and clicking through.
Is Yuan International a scam or legit?
As crypto trading markets can be so volatile but provide a wealth of potential, crypto trading robots are highly sought after. One of the biggest issues is that the niche is still widely unregulated, so there are almost as many scam websites as there are reputable ones. This gives potential traders the difficult task of defining who to trust, so the best approach will involve understanding everything on offer.
Transparency should be prioritised by developers and trading platforms, but unfortunately it is a common theme within this sector to keep information under wraps. It’s often not easy to learn about who is behind trading platforms and 2023 saw a rise in trading robots keeping their tools and services hidden behind an initial deposit paywall. This has made things significantly harder when doing research and defining the best selections. Yuan International falls into the category of providers that give very little information. With this in mind, our advice is to practice caution and ensure you’re confident in your decision to sign up before putting your money on the line.
Yuan International FAQ
1. What is Yuan International?
Yuan International is a trading platform that can be used by those interested in crypto to support trading efforts. It claims to provide easy access to all of the necessary trading tools and insights a user could want to enter and exit crypto positions at a profit more frequently than when trading alone. The good news is that it supports both manual and automated trading with AI functionality and reports access to leverage options.
2. Can new traders use Yuan International?
Anyone hoping to trade cryptocurrencies should be excited to learn that Yuan International allows trading and offers features and functions for new and experienced users alike. Even if you have never used a trading platform, software, or placed a trade, it will be easy to get set up and start trading with worthwhile tools, services and support.
