China Officially Backs a CryptoCurrency and Establishes it as their Official Coin
It’s finally happened. A major worldwide government has just bestowed a huge vote of confidence and legitimacy onto cryptocurrencies. In an unprecedented move, China announced that they are officially adopting a certain cryptocurrency as China’s official coin!
The government of China just informed us that they had chosen a preferred firm for purchasing and marketing their new coin – the YuanPay Group. The sales of China’s coin officially started on 27 December 2022, and these coins can be bought only from YuanPay Group.
China’s deputy minister of finance, Liu Kun, informed us that their new official coin stating price is just 0.07$ AUD!! 1 Chinese Yuan equals 0.07 $
That’s right; the coin is inexpensive compared to most other coins. Bitcoin, for example, trades at AUD 24846,07 at the time of this writing, and Ethereum trades at around AUD 1792,33.
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: “Everytime 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 a crypto. When the name of China’s coin is released, many people will become millionaires practically overnight.”
A few of us at Sydney morning herald were curious enough to buy a couple of coins 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 interested.
The first step was to fill out all the details. As you can see, nothing complicated so far.
In the second step, I was taken to YuanPay Group’s wallet, where they chose my country-specific broker to buy China’s coins.
In the third step, I was taken to the purchase page and had to fill out my details.
When I bought the cryptocurrency, its cost was 0.084$ AUD per coin, so my initial deposit of 250$ became 2976.19 coins. You can see the current value of my coins on the same page.
PS: They gave me 1,367 extra coins for free as an early investor!
The whole process was simple, and I even received a phone call from one of YuanPay Group’s friendly agents, but I didn’t 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 0.084$ AUD to 0.216$ AUD. At this point, I was positively surprised. I am not selling my coins yet because all the experts predict that the price will rise to at least 2134.99$ AUD per coin in a 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 CURRENTLY1 COIN = 0.234$(Note – price is being updated every 30 minutes)
With a story of this nature, the news seems to be breaking every so often, and we’ll be sure to update the story as needed. Click the button below to know more about YuanPay Group.
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