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Yellow Trading Coin Review (ytc.aiyellow.com)

AiYellow dot com seems to be a legitimate ad directory (“The Yellow Pages of the Internet”). They offer the possibility of easily and quickly creating online shops to start selling goods worldwide. They have recently started a project known as Yellow Trading Coin. One may reach Yellow Trading Coin through the AiYellow subdomain (ytc.aiyellow.com) or directly at YellowTradingCoin.com

Is Yellow Trading Coin a legitimate company? What do they do exactly?

Let’s have a look…

yellowtradingcoin.com (Yellow Trading Coin)
YellowTradingCoin.com

The domain yellowtradingcoin.com was registered for two years on July 23, 2018.

It is an ICO, meaning an Initial Coin Offering. They are basically collecting funds from people who believe in their coin – YTC, an ERC-20 token. (Minimum deposit to participate is $30 USD.)

At time of writing this review (September 11, 2019), the status was of a pre-ICO, round 6. Allegedly, 3,622,540,006 YTC were sold to 51,198 Clients.

40 days are to pass before moving to the next phase, “November Special,” which will be followed by the ICO phase during December-February, and finally “The Big Jump” in March 1st, 2020.

During the 6 rounds of pre-ICO, the price of YTC went from $0.002 USD to $0.015, while during the ICO itself, the price is expected to rise up to $0.080 per coin.

The Big Jump is when the new cryptocurrency will start to be used in the markets, being bought and sold in accordance with its purpose, which we shall investigate shortly. The valuation of the coin for the Big Jump phase is $0.15 USD.

The total value of YTC is expected to be $543,388,884 USD.

First, let’s see who exactly is behind this ICO.

AiYellow Corporation

Yellow Trading Coin is owned by AiYellow Corporation. The AI stands for AmarillasInternet.

Strangely, much of the navigation on yellowtradingcoin.com seems to be broken, including the Forum, Contact Us, and social network buttons.

The same is the case for aiyellow.com. Though there they have a list of people who work for them.

Only in the privacy policy of aiyellow.com an address is mentioned:

We are Amarillasinternet Corporation, registered in (and ruled by the laws of) Florida State, United States of America (registration number EIN 26-3779909). Our registered office is at 25 SE 2nd Ave. Suite 410 Ingraham Building, Miami, FL. 33131.

Phone number: (305) 390-0580

Yellow Trading Coin (YTC)

Given that Yellow Trading Coin is a US based company, it’s pretty much safe to assume that it is not a scam. Or that if it does turn out to be a scam, that it will be possible to do something about it…

Interestingly though, citizens and residents of the USA, Canada, China, Iran, and North Korea are not permitted to participate.

But is the idea behind Yellow Trading Coin viable? Or will YTC tokens people are buying now end up worth nothing at all?

First, Amarillasinternet Corporation seems to be a legitimate company responsible for many successful projects.

One of the best advantages though of this ICO is that this is going to be the first online business directory (Yellow Pages) to adopt cryptocurrency and create a proprietary token which will be used in a marketplace by more than 1,400,000 companies.

Complaints We Received

On January 6, 2024, we received the following complaint from a person who reported being scammed for almost $23K:

Two years ago, I purchased 44,891 coins from a site called https://join.yellowtradingcoin.com/login.php. The cryptocurrency in question is YTC (Yellow Trading Coin). Despite investing my money, I haven’t been able to recover any of it. Recently, the site offered an option to transfer my YTC as ERC-20 tokens to an Ethereum wallet. However, during the transaction process, they requested additional funds to complete the transfer. Unfortunately, after complying with this request, I was scammed again as the amount never appeared in my wallet, nor did the converted coins.

On March 2024, we received the following complaint from a person who reported being scammed for $250,000:

AI Yellow began as a cryptocurrency system in 2019, featuring tokens. Since then, one has been unable to exchange the tokens or purchase anything.

What are your thoughts regarding Yellow Trading Coin? Will it turn out to be a good investment?

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