Yieldnodes Review – Is Yieldnodes a Scam Or Legitimate Investment Opportunity?
If you have been wondering if Yieldnodes is a scam or legit investment opportunity, you’ve come to the right place. We’ll be reviewing Yieldnodes to examine its risks and other options. Yieldnodes is an online investment tool that allows you to automatically invest your profits into the base fund. Its features include auto-compounding and automatic reinvestment. The amount of each month’s profit will be determined by the auto-compounding rate. Moreover, you can choose to save the profits as available balance. This feature will allow you to reduce the risk of losing your money while returning it to the base fund every month.
What are 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 offers an excellent customer service. Its highly trained and experienced staff members will respond promptly to any queries or questions you have. Yieldnodes can be reached via email, telephone, or live chat. You should be aware of phishing websites that pose as Yieldnodes.
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 Legit?
Yieldnodes, as the name implies, is an online cryptocurrency investing site that allows you to invest and receive a monthly return. You can pay with Bitcoin, Visa, MasterCard or bank wire. Once you deposit funds, the company will convert them to cryptocurrency and invest them in masternodes for you. You can also withdraw your monthly ROI within seven days of each month.
It is important to do your research before you invest. 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 is a cryptocurrency exchange. It is currently experimental and unregulated. The Yieldnodes website has real pictures of the team and the company has announced that it will celebrate its third anniversary in October. However, before you invest in this company, it is important to be aware of the potential risks and pitfalls.
Yieldnodes has no support for multiple accounts and a minimum investment term of six months. 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. In this way, they can earn more income over time.
The Yieldnodes platform holds masternodes for fourteen different cryptos. The company pools its funds and creates a portfolio that includes masternodes for each of the 14 cryptocurrency. Their masternodes are also protected by secret sauce. The Yieldnodes team promotes cryptocurrency as a realistic alternative to traditional 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. They gain reward for their services in the form of 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. Their highly trained and flexible support team is ready to assist you and answer all your questions. They can be contacted by phone, email, or live chat.
How to Deposit
Yieldnodes promises huge gains to its users as an investment service. 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 has many positive aspects, including its transparent business model and friendly customer service.
The platform is easy to use, and users can deposit and withdraw funds as needed. Withdrawals, however, are only allowed monthly. Your initial deposit is locked for six months. The compounded profit is also locked for that time. You can make an emergency withdrawal, but this will incur a 25% fee.
Sign up on the Yieldnodes site to deposit and complete KYC. This process involves entering your personal information, consenting to the speculation arrangement, and setting up 2FA settings. If you are a current Transak user, you can use your existing account to login. Otherwise, you can start the KYC process from scratch.