Yieldnodes Review: Is Yieldnodes Legitimate or a Scam?
You’re here because you want to know if Yieldnodes scams or legitimate investment opportunities. We’ll be reviewing Yieldnodes to examine its risks and other options. Yieldnodes allows you to invest your profits automatically into the base fund. It has auto-compounding, automatic reinvestment and other features. The amount of each month’s profit will be determined by the auto-compounding rate. You can also choose to keep the profit as a balance. This feature will allow you to reduce the risk of losing your money while returning it to the base fund every month.
What is Yieldnodes?
Yieldnodes allows users to make monthly returns investing in cryptocurrency. It is easy to sign up and requires no prior experience with cryptocurrency. Users can deposit money via Visa, Mastercard, or bank wire. The platform then converts the funds to cryptocurrency and invests them.
YieldNodes provides excellent customer service. The staff is highly skilled and will promptly respond to any questions or queries. Yieldnodes can be reached via email, telephone, or live chat. Phishing websites posing as Yieldnodes are to be avoided.
Yieldnodes was founded in February 2019 and has a team of 50+ employees. Half-way down the homepage is where you will find their executives. Their contact information is located on the left menu bar at the bottom of this page. A complete audit of Yieldnodes can be viewed by visiting their public profiles. Another great advantage is that you don’t have to deposit anything to view the audit.
Is it legal?
Yieldnodes, as the name implies, is an online cryptocurrency investing site that allows you to invest and receive a monthly return. The site accepts a number of payment methods, including Bitcoin, Visa, MasterCard, and bank wire. The company will convert your funds to cryptocurrency once you have made a deposit. They will then invest them in masternodes. You can also withdraw your monthly ROI within seven days of each month.
However, before investing, it is recommended to perform thorough due diligence. Yieldnodes might seem like a great opportunity for investment, but you should not invest with unregulated companies, especially if they are located overseas. It is best to only work with reputable brokers.
Yieldnodes, a cryptocurrency exchange. It is currently experimental and unregulated. Yieldnodes has photos of the team on its website. The company also announced that it would be celebrating its third anniversary in October. But before investing in this company, you should be aware of its risks and potential pitfalls.
Yieldnodes does not support multiple accounts. It also requires a minimum six-month investment term. Users commit to staking their funds in a pool and receive monthly yields in Bitcoin. Afterwards, they can withdraw their funds, or leave them invested to compound. This will allow them to earn more over time.
The Yieldnodes platform holds masternodes for fourteen different cryptos. The company pools funds and sets up a portfolio with masternodes of each of the 14 cryptocurrencies. Their masternodes are also protected by secret sauce. The Yieldnodes team believes cryptocurrency is a real alternative to fiat currencies.
YieldNodes is an alternative to DeFi platforms for those who are interested in making revenue. This decentralized network platform allows its users to participate in governance and other exclusive services. Their services are paid in fees. While it’s not a mining platform, nodes are essential to the ecosystem and are a lucrative way to contribute crypto.
Yieldnodes offers fast and efficient customer service. The support team at Yieldnodes is highly skilled and flexible and ready to help you with any questions. They can be contacted by phone, email, or live chat.
How to Deposit
Yieldnodes is an investment service that promises big gains for its users. However, this service is not regulated and is not completely free of risks. As with any investment platform, it is important to weigh the risks and the benefits. Yieldnodes’ positive attributes include its transparent business model, friendly customer service, and many other positive features.
It is simple to use and allows users to deposit and withdraw funds at will. Withdrawals, however, are only allowed monthly. Your initial deposit is locked for six months. Your compounded profits are also locked during that period. You can make an emergency withdrawal, but this will incur a 25% fee.
Sign up on the Yieldnodes site to deposit and complete KYC. You will need to enter your personal information and consent to the speculation agreement. 2FA settings can also be set up. If you are a current Transak user, you can use your existing account to login. Otherwise, you can start the KYC process from scratch.