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 is an online investment tool that allows you to automatically invest your profits into the base fund. It has auto-compounding, automatic reinvestment and other features. The auto-compounding rate will determine the amount of profit that is reinvested each month. You can also choose to keep the profit as a balance. This will reduce your risk of losing your money and return it to the base fund each month.
What are Yieldnodes?
Yieldnodes is an exchange platform that allows people to earn monthly returns by investing in cryptocurrency. The platform is free to join and does not require any prior cryptocurrency experience. You can deposit money using Visa, Mastercard or bank wire. The platform converts the funds into cryptocurrency and invests them.
YieldNodes provides 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. You can find their contact information on the left menu bar near the bottom of the 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. In addition, you can withdraw your monthly ROI by the seventh day 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. In addition, it is always best to stick to 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 agree to place their funds in a pool, and they will receive monthly Bitcoin yields. Afterwards, they can withdraw their funds, or leave them invested to compound. In this way, they can earn more income over time.
Yieldnodes holds masternodes of 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 believes cryptocurrency is a real alternative to fiat currencies.
YieldNodes is an alternative to DeFi platforms for those who are interested in making revenue. The platform is a decentralized network that allows users to take part in governance and provide 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 provides fast, efficient customer service. Their highly trained and flexible support team is ready to assist you and answer all your questions. You can reach them 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. Like any other investment platform, you should weigh the risks versus the rewards. 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. The initial deposit is secured 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.
To deposit with Yieldnodes, sign up at the site 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. You can also start the KYC process by creating a new account.