Yuan Profit Review
As the founder and operator of the successful crypto blog aescher-ai.ch, I have the ideal qualifications to competently analyse and evaluate the financial markets. After studying business administration at the Frankfurt School of Finance, I gained over 5 years of professional experience in the financial sector. However, my passion has always been the financial markets and investments.
My enthusiasm for finance and the desire to share my knowledge gave rise to the idea for aescher-ai.ch in 2019. Since then, I have been writing on my blog about all the topics that interest me as an investor - from shares and cryptocurrencies to financial products and trading platforms.
Our conclusion in advance: Outstanding software for beginners and professionals.
What is Yuan Profit?
Yuan Profit is a crypto trading platform that offers an automated trading bot with an AI algorithm. According to the manufacturer, Yuan Profit has been specially developed for traders of all skill levels, from beginners to professionals.
The trading robot continuously scans the crypto market, collects real-time data and implements calculated trading strategies on behalf of the user. This is intended to minimise the manual effort involved in trading.
Yuan Profit advertises a user-friendly interface, high profit opportunities and features such as a free demo account. In this detailed experience report, I would like to clarify whether the trading bot really delivers what it promises.
Overview of the trading platform
At first glance, Yuan Profit makes a solid impression. The website looks professional and offers all the important information at a glance. When registering, only the necessary data such as name, e-mail and telephone number are requested.
After the initial deposit of at least 250 euros, you can practise directly with the demo account. Fully automated trading then starts at the touch of a button. According to the provider, the AI algorithm continuously scans the market to identify profitable entry and exit points.
The software should be compatible with all common browsers and operating systems. No additional installation is required. The user interface can be used in either German or English.
Yuan Profit emphasises the lack of emotion in automated trading as a major advantage. Human error and impulsiveness should be avoided. I will put it through its paces to see whether these promises hold up in practice.
Reliability and security features
As a reputable company, Yuan Profit is transparent in terms of security and regulation. The SSL certificate from BitGo, one of the leading providers for the digital storage of cryptocurrencies, is clearly visible on the website.
The manufacturer also emphasises that it only works with licensed brokers that are regulated by official financial supervisory authorities. According to the imprint, this is specifically the company Liquidity Ltd. based in Cyprus. It holds a licence from the Cyprus Securities and Exchange Commission (CySEC).
Further security features according to Yuan Profit:
- Encryption of user data (AES 256-bit)
- Fast payouts within 24 hours
- Support via telephone, e-mail and chatbot
The measures sound promising. However, the extent to which risks are actually minimised still needs to be examined in detail. This is a particular focus of my assessment.
Registering and setting up the account
Step-by-step guide to registration
Registering with Yuan Profit takes just a few minutes. The process is divided into the following simple steps:
1. visit the website
The first step is to access the Yuan Profit website using a standard browser. A laptop or PC is best suited for this.
2. filling in the registration form
You then enter your personal details such as name, e-mail and telephone number in the registration form. It is important that the details are correct. This is the only way the account can be verified later.
3. verification and deposit
The next step is verification by Yuan Profit. This requires an initial deposit of at least 250 euros. The payment details are also verified.
4. demo mode and live trading
After successful verification, the demo account can be used for practising. Experienced traders can jump straight into live trading. Here, the AI algorithm places trades fully automatically and generates profits.
All in all, it took just a few minutes to set up. It's also worth mentioning the friendly support employee who answered my questions very competently during the video call for verification.
Verification process and first deposit
Verification at Yuan Profit takes place immediately after registration. The video call with the friendly customer advisor took about 5 minutes.
They were asked for the information provided in the registration form, such as name, address and date of birth. The questions were easy to answer. To prove my identity, I only had to briefly hold my ID card up to the camera.
Following verification, I made my first deposit of 250 euros by credit card without any problems. The money was available to me after a few minutes so that I could test the demo account and practise my first trades.
Functions of Yuan Profit
Automated trading and AI algorithm
The centrepiece of Yuan Profit is undoubtedly automated trading using artificial intelligence. The manufacturer advertises the underlying algorithm as particularly fast and precise. It is said to achieve over 85 per cent profitable trades.
In my practical test, the bot was actually able to impress with lightning-fast order executions in the millisecond range. The software makes it possible to open several positions at the same time, which saves a lot of time.
However, the success rate of 85 per cent seems a little too high. Over my first 20 automated trades, a solid 75 per cent profit was achieved. The bot closed a position with a profit a total of 15 times. Unfortunately, the strategy behind it remains a black box.
Further tests are required in order to be able to reliably assess profitability. But one thing is already clear: As a complete trading novice, you are well served with the automated bot. The system acts in an unemotional and disciplined manner, even in volatile market phases.
Demo account and its advantages
A special highlight at Yuan Profit is the free demo account. Here you can test how the bot works risk-free with play money. This is particularly interesting for beginners to gain initial experience on the stock exchange.
The demo account offers access to real-time prices and simulates a live trading account like an order book. All important functions of the platform can be tried out without using real money. The demo account is therefore ideal for familiarising yourself with the software.
My personal conclusion after intensive testing: Even for trading beginners, the operation of the demo account quickly becomes intuitive. The user interface is largely self-explanatory. The support team is also on hand with help and advice if you have any questions.
Support for various cryptocurrencies
Yuan Profit allows you to trade all major cyber currencies, including classics such as Bitcoin, Ethereum and Litecoin. This is standard in the industry. One positive aspect, however, is that you can also hold lesser-known altcoins such as Chainlink, Uniswap or Compound in your portfolio.
According to the manufacturer, a total of over 150 cryptocurrencies are available. In my opinion, the asset selection is more than satisfactory. Beginners will find a solid basic selection of digital currencies here. Advanced traders can diversify their portfolio wonderfully.
During testing, the software was only occasionally noticeable for exotic cyber currencies such as Zilliqa or Kyber Network due to short delays in the price display. However, the overall performance remains at a good level even when trading niche coins.
Understanding the trading platform
User-friendly interface
The user interface of Yuan Profit is self-explanatory and has a tidy design, which is easy to use without prior experience.
After registering, you will find all the central functions such as the demo account, the area for deposits and withdrawals or the support chat on the start page. The menu navigation with its sub-items is logically structured.
The most important information such as profit/loss, balance and active positions can be viewed directly in the trading view. Various charting tools can be used to analyse prices or adjust indicators. Preconfigured layout settings are available for beginners.
It takes a little getting used to in the first few minutes to familiarise yourself with all the menu items. However, thanks to the clearly organised interface, you will quickly find your way around. The surfing speed on a mobile data connection is also satisfactory. Overall verdict on user-friendliness: full marks.
Placement of trades and time required
In automated trading, the AI algorithm takes over the placement of trades. According to the manufacturer, the software should execute a maximum of 20 orders per day. In practice, however, I have occasionally observed over 30 trades per day.
The high stake per position is also striking, with up to 80 per cent of the capital. This "risk-averse" trading often led to handsome profits. However, with this unleashed approach, occasional losing trades must also be expected.
The time required for automated trading is very limited. It is advisable to plan around 15 to 20 minutes per day to check the account and the profits and losses realised. Profits should also be transferred regularly to the reference account in order to optimise balances.
Deposits and withdrawals
Deposit methods
A positive aspect of Yuan Profit is the numerous options for deposits and withdrawals. The following payment methods are accepted:
Credit card (Visa / MasterCard): Here the deposit is made conveniently after entering the card details.
Bank transferAlso a secure option where the money is transferred from a bank account to the trading account.
E-Wallets (Skrill / Neteller): Popular digital wallets where the deposit is credited immediately without any detours.
CryptocurrenciesAs the most modern version, it is also possible to deposit directly with cyber currencies such as Bitcoin or Ethereum.
So far I have tried payment by credit card and via Skrill. In both cases, the transactions went smoothly. The money was available to me for trading within a few minutes. Another positive aspect is that there are no fees for deposits.
Fast and secure payouts
Fortunately, withdrawals are just as quick as deposits. Using the form in the Yuan Profit backend, winnings can be requested without any problems. In my case, the payout to the specified credit card was always made within 24 hours.
According to the manufacturer, payouts to bank accounts, Neteller or the crypto wallet are also possible. The minimum payout is a moderate 30 euros. And of course there are no additional fees here either. All in all, the uncomplicated payout process makes a very good impression.
Customer support and help
Availability and quality of support
I was impressed by Yuan Profit's dedicated customer service. You can reach the friendly staff via telephone hotline, email or support chat on the website. The German-speaking support team is available around the clock, 7 days a week.
I have always been connected by telephone within less than 5 minutes. The conversations were extremely competent and courteous. Even my extensive e-mail enquiries were always answered in detail on the same day.
The explanatory videos in the support section of the website are particularly helpful. They explain step by step how to place orders, use the backend and set up payouts. Great support for beginners!
Dealing with enquiries and problem solving
As far as dealing with enquiries and problems is concerned, my experience has been consistently positive. The support team responds at lightning speed and actively engages with the customer. I always received competent answers to questions about autopsy trading or how the bot works.
Example: When my open orders were not closed as expected after a sudden disconnection, the support team proactively informed me that the positions had already been closed manually. As a customer, I was not left alone here - top service!
In addition to the dedicated support team, the virtual chatbot on the website is also impressive. It always provides suitable answers from its knowledge database to specific questions on general topics. This means that minor issues can usually be resolved directly.
Security and regulation
SSL certification and data protection
As already mentioned, Yuan Profit relies on BitGo's industry solution for data encryption. The company is considered a pioneer in the field of security for blockchain applications.
The sensitive user information is encoded using the Advanced Encryption Standard (AES) with 256-bit encryption. This makes a brute force attack virtually impossible. Hackers would need several trillion years of computing time to crack the data.
In addition, the server is securely identified via the SSL certificate (HTTPS). Confidential login or payment data is therefore always transmitted in encrypted form. All in all, the security precautions appear to be at the current top level.
Cooperation with licensed brokers
The partnership with the brokerage firm Liquidity Ltd. has already been mentioned. The company has a licence from the MFSA (Malta Financial Services Authority) in Malta and is regulated by CySEC at EU level.
By involving the regulated partners, they act as intermediaries and trustees to a certain extent. This means that trading always takes place in accordance with applicable regulations, even if cryptocurrencies are not yet legally regulated.
This design offers clear advantages for the user:
- Compliance with due diligence obligations (KYC check)
- Protection of client funds through special assets
- Review and authorisation of business activities
- Independent appeal bodies
All in all, investors clearly benefit from the strict requirements for brokers. Yuan Profit is absolutely exemplary in this respect.
Review and ratings
Real user experiences
The majority of users seem to be quite satisfied with Yuan Profit. Positive feedback on the trading software predominates in forums and review portals. The ease of use and the demo account for beginners are particularly praised.
Critical points occasionally concern the minimum deposit of 250 euros as well as isolated minor software bugs. Some users report display errors in charts or sporadic disconnections. According to the support team, these teething troubles will be fixed with one of the next updates.
My personal feedback largely coincides with the user impressions. I found it easy to use throughout, and the results of the algorithm also make a solid impression. I still see potential in the transparency of the automated trading system. A comprehensible explanation of the trading logic would be desirable.
Dealing with negative reports
As with many young FinTech companies, Yuan Profit is also occasionally criticised for its fundamentals. In some cases, there are doubts about the company's reliability. In my opinion, however, the platform handles any criticism with great aplomb.
The support staff take a lot of time for individual user concerns and respond quickly and constructively to problems. Critical press enquiries about the business model are also answered professionally in writing. The reasoning is always coherent and transparent.
Yuan Profit also maintains a blog on its website, in which current issues relating to security, regulation and technical aspects are dealt with in an easy-to-understand manner. Overall, the provider makes a very honest impression on me when dealing with critical issues. Yuan Profit undoubtedly scores points here.
Strategies and tips for beginners
How to make the most of yuan profit
No special strategy is required to trade successfully with Yuan Profit. The system works fully automatically and generates profitable trades on its own. Nevertheless, there are ways to further optimise performance:
Regular monitoringIt is advisable to spend at least 15 minutes a day monitoring the software and the trading account.
Withdraw winningsProfits should be transferred to the reference account as quickly as possible instead of leaving them in the system.
Use demo accountThe demo account is ideal for beginners in particular to familiarise themselves with the functions of Yuan Profit without risk.
Increase capital slowlySince the bot sometimes works with a high stake per trade, it is advisable to increase the capital only slowly.
If you follow these tips, you are sure to get the most out of the Yuan Profit software. At the same time, you can prevent possible risks.
Important tips for trading success
A few basic tips are helpful for success when trading cryptocurrencies. The following advice has proven useful for beginners:
1. switch off emotions: As a private investor, you tend to be afraid or greedy. It is better to act soberly and patiently.
2. limit losses: Stop-loss limits should be set in order to limit negative transactions.
3. diversify investments: Capital should always be spread across different cryptocurrencies in order to minimise risk.
4. take stock regularly: Take your time to analyse whether the performance meets expectations. Adjust strategy if necessary.
5. use further training: Trading does not work "on the side" - i.e. consuming courses and literature in order to learn.
Of course, these rules of thumb are just the beginning. It remains important to be patient and disciplined in crypto trading and to monitor developments closely. Then the desired success will materialise over time.
Risks and how to minimise them
Understanding the trading risks
In principle, every form of trading harbours certain risks. This is particularly true of the crypto sector due to the high volatility of prices. As an investor, you should be aware of this.
Trades carried out automatically with Yuan Profit can realise both profits and losses despite AI support. No 100 per cent hedging is offered. A total loss of the capital invested cannot be ruled out.
Possible technical disruptions, such as server failures on the part of the exchanges or trading platforms, can also have a negative impact in the form of missed opportunities or incorrect order execution. However, the provider can only be held liable to a limited extent here.
Risk management and responsible investing
Active risk management is essential in order to balance the risks described above. Every trader should pursue a personal strategy based on money management principles, for example.
One approach may be to use a maximum of 5 per cent of the total capital per order. Losses per month are limited to 10 per cent of the deposit. All profits are consistently transferred to the reference account. Alternatively, the martingale method can be followed, in which the stakes are gradually increased after losses.
However, responsible investing is at least as important. Never trade money that you are financially dependent on. Investors who show patience, prudence and foresighted analysis of price developments will score points.
Fake news and false information
Dealing with fake news about yuan profit
As with many financial start-ups, misinformation about Yuan Profit sometimes spreads. In some cases, there are even serious allegations of fraud. It is important to approach the matter with common sense.
In principle, information about Yuan Profit should be obtained from primary and reputable sources. The website itself already provides a lot of substantial background information. Further details can be found on relevant financial portals, YouTube videos or review sites.
A blanket condemnation as "fraud" should be avoided. Instead, a sober analysis of the concept of Yuan Profit is required. Critical, but constructive and based on facts. This approach contributes most to objectifying the debate.
Clarification of misunderstandings
Various misunderstandings still surround Yuan Profit, which is also due to the young age of the company. The provider should pay particular attention to this. Open communication is key.
One misconception is that yuan profit is a quick route to riches. Although the system offers good profit opportunities, the crypto market remains inherently risky and volatile. Serious promises of returns cannot be made.
The idea that automated trading guarantees permanent profits is also flawed. Even the most sophisticated software cannot predict market turbulence and occasionally goes wrong. Losses are possible, although naturally undesirable.
Overall, more transparency is needed on these points. Good explanations create trust and raise Yuan Profit to a new level of seriousness.
Conclusion and outlook
Summary of the Yuan Profit experience
After intensive testing, I have a very positive overall impression of the Yuan Profit platform. It also enables trading newcomers to invest in cryptocurrencies in a simple way.
The software works reliably and, in the vast majority of cases, profitably. The speed and accuracy is remarkable. At the same time, registration requires minimal effort - ideal for beginners! If you want to trade with maximum automation and without any personal initiative, Yuan Profit is the right choice.
For my taste, the strategy of the algorithm could be broken down more transparently. However, this "black box" is hardly inferior to an otherwise commendable platform. All in all, I would give Yuan Profit a clear recommendation. If you don't invest here, you are clearly missing out on potential returns!
Future updates and developments
According to the provider's roadmap, Yuan Profit is planning further updates in the coming months, for example in the areas of user-friendliness and functionality. A native app for iOS and Android is also set to follow by the end of 2024.
In addition to cryptocurrencies, there are also plans to implement trading in shares, forex and other asset classes in the future. Innovative functions such as social trading or linking with portfolio trackers are also in the pipeline.
Progress is certainly also being made in machine learning to optimise AI algorithms. Conclusion: Yuan Profit is far from having reached the end of its development. It remains exciting to see where the journey will take us next and which milestones will still generate enthusiasm.
Simone Aescher is the founder and operator of the successful crypto blog aescher-ai.ch.
After studying business administration at the Frankfurt School of Finance, she gained over 5 years of professional experience in the financial sector. However, her passion has always been the financial markets and investments.
In 2019, Simone Aescher finally turned her hobby into a career and founded her blog. She shares her in-depth knowledge of shares, ETFs, cryptocurrencies and much more.
As an active trader, Simone is constantly testing new brokers, robo advisors and trading apps. With her honest product reviews, she helps her readers to separate the wheat from the chaff.
With her academic background, many years of experience and practical expertise as an investor, Simone Aescher combines the ideal prerequisites for competently analysing and evaluating the financial markets.