With blockchain technology accelerating, new life is pumped into digital payment methods and currencies. Above all, it is also the extreme price increases that have been observed in recent years, why the interest in the crypto currencies increased so rapidly. Anyone who invests in cryptocurrencies today must know that although it is a volatile market, high profits can ultimately be possible here.
Anyone who describes themselves as a beginner is well advised to start with support in the form of crypto bots to deal with. With the yen coin there is a new one Crypto Bot on the market, which is quite promising. But can he Yen Coin Bot still recommended after a detailed test?
Yen Coin: The new crypto bot on the market
Yen Coin is a crypto trading bot or trading robot that is able to use intelligent algorithms to collect market data in order to then be able to carry out appropriate market assessments. The intention here is that the user of the trading bot can maximize profits and reduce losses.
A signal is ultimately generated via the software so that the user can then place appropriate trades. By analyzing the market conditions, historical data, trends and patterns, one will then be presented with the most favorable conditions to enter or exit the trading position to stand.
First and foremost, Yen Coin as a crypto bot is intended to help traders so that they can trade without emotions. Because the trading bot acts on the basis of market data and movements as well as trends and cannot be influenced by a "gut feeling".
But can that work? Yes. It is important that you inform yourself accordingly in advance in order to be able to rule out fraud. Unfortunately, there may be one or the other provider who offers a trading bot, but who does not ensure success. Especially when it comes to new providers, you should be careful and deal with test and field reports in advance.
How does the Yen Coin trading bot work?
automated trading programs, active in the stock and foreign exchange markets have existed since the early 1990s. This means that this is not a new invention. The fact that trading bots were then used on the crypto market at some point was a logical conclusion or development when the Kryptomarkt more and more frequently at the center of the financial world.
The provider claims to be 0,01 seconds ahead of the market. How is this supposed to work? There is no answer to that. However, this is an “industry-specific problem”. The providers of trading bots remain mysterious - and as long as you end up making profits, it won't bother you that you don't know 100 percent how the trading bot works.
It should be noted that you have to make your own settings at the beginning. This is also the reason why you should not lose sight of the trading bot. If you find out that the Trading bot does not come out of the loss zone or does not slip into the profit zone, then it is advisable to make changes to the settings.
The Yen Coin Test: The registration - a step-by-step guide
If you have decided that you want to work with Yen Coin, you have to open an account at the beginning. At this point it should be noted that the Registration is completed within a few minutes - the entire registration process takes less than five minutes. That said, beginners will have no trouble getting started here either Yen coins to register.
The Yen Coin Registration
Registration can be started from the Yen Coin home page. Various data must then be entered via the registration window. The provider of the trading bot primarily requires personal data – this includes first and last name, e-mail address and a telephone number. The verification of the account takes place via the smartphone or the stored telephone number. In addition, a confirmation link will be sent by e-mail, which must be clicked. After that, the registration process is over – so you can make your first deposit.
Yen coin deposit
The account capitalization is also self-explanatory. Yen Coin stays true to the industry-specific features and requires a minimum deposit of 250 euros. The deposit can be made using a debit or credit card. The money is available within minutes.
Note: You should only deposit a higher minimum amount if you have had initial experience with Yen Coin and are satisfied; at the beginning it is advisable to start with to trade the prescribed minimum deposit amount of 250 euros.
Yen Coin App Trading
If the account has been capitalized, the Trading bot to be activated. It should be noted that settings have to be made directly here. Will he Trading bot activated, one should check how it behaves - if it always stays in the profit zone, the settings seem correct. Does the Trading bot but increasingly in the red, it may be advisable to make changes to the settings.
It should be noted that the increased chance of winning when working with a trading bot. However, there is no guarantee that you will actually make a profit when playing Yen coins is worked.
Is Yen Coin legit or is it a scam?
Due to the fact that you keep reading about rip-offs, you should of course ask yourself in advance whether Yen Coin is a reputable provider or whether fraud cannot be ruled out. Our test has shown that the provider is very reputable - there is actually no evidence to suggest that Yen coins would be dubious.
It is also important to deal with the testimonials in Internet to deal with. Even if there are sometimes a few critical reports, you always have to take a look at the majority of the Reports throw. If the majority is positive, it can be assumed that the provider is reputable.
By the way, if you find out in the course of your research that there are almost only negative reports or even a warning about the provider, you should no risk and decide against the provider.
The fact is: Yen Coin itself does not seem to pose any danger - there are no indications that fraudulent activities are being pursued here.
Was Yen Coin on The Lion's Den?
No. Find yourself in internet reports about that Yen coins once presented in "The Lion's Den", that is not correct or does not correspond to the truth. It should be noted that a veritable fraud machine has been set up here, which works by promoting products that were allegedly seen in "The Lion's Den". Anyone who needs information about whether one or the other product has already beenThe cave of the lions" was presented, it is well advised to then deal with the official website - here you will find the official information and reports on the products that have been presented.
Analysis after the Yen Coin Test
The experiences that can be found on the Internet, as well as the results that arose in the course of the test, show that it is Yen coins to an interesting provider of a Trading Bots acts. There is no evidence that Yen Coin could be dubious.
The various settings help to Trading Keeping the bot in the profit zone or, with regular readjustments, slipping into the loss zone can be prevented or reduced. It is important that you observe the trading bot and intervene if you find that the desired results are not being achieved.
The circumstances that Yen Coin acts as is customary in the industry, i.e. prescribes a minimum sum of 250 euros and has created an uncomplicated registration process, clearly speak for the trading bot provider.
In the end it can be said that it is a positive analysis.
The Yen Coin Conclusion
Yen Coin is a legitimate trading bot provider that scores with a user-friendly interface and promises quick registration. Above all, the trading bot scores with the fact that the minimum deposit here is 250 euros and therefore remains within the industry-specific average.
As long as you realize that Yen coins no profits are guaranteed, but is a support to be able to make profits or reduce losses and therefore only freely available money should be invested, nothing speaks against an account with the Trading bot Providers.
Yen Coin FAQ:
What is Yen Coin?
Yen Coin is a provider of a trading bot that speculates with cryptocurrencies. Due to the fact that the crypto market is very volatile, high profits can be made here with small stakes - but losses cannot be ruled out. There is no guarantee of winnings.
Is there a Yen Coin app?
No. At the moment there is no app available for mobile trading via smartphone and/or tablet.
What is the minimum deposit?
Yen Coin requires a minimum deposit of 250 euros. Deposit methods available: debit and credit card.
Are there any fees with Yen Coin?
No. The trading platform is available completely free of charge.