Yieldnodes Review: Is Yieldnodes Legitimate or a Scam?
You’re here because you want to know if Yieldnodes scams or legitimate investment opportunities. In this Yieldnodes review, we’ll examine its features, risks, and alternatives. Yieldnodes allows you to invest your profits automatically 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. 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 is 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. Users can deposit money via Visa, Mastercard, or bank wire. The platform converts the funds into 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. You should be aware of phishing websites that pose as Yieldnodes.
Yieldnodes was established in February 2019, and now has 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?
As the name suggests, Yieldnodes is an online cryptocurrency investment site where you can invest and earn a monthly yield. 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. While Yieldnodes may seem like a great investment opportunity, you shouldn’t invest with an unregulated company – especially one that is located overseas. In addition, it is always best to stick to reputable brokers.
Yieldnodes is a cryptocurrency exchange. It is currently experimental and not regulated. The Yieldnodes website has real pictures of the team and the company has announced that it will celebrate 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 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. This will allow them to earn more over time.
Yieldnodes holds masternodes of 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 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. Although it is not a mining platform but nodes are vital to the ecosystem. They are also a lucrative way for crypto contributors.
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’ positive attributes include its transparent business model, friendly customer service, and many other positive features.
The platform is easy to use, and users can deposit and withdraw funds as needed. Withdrawals, however, are only allowed monthly. The initial deposit is secured for six months. Your compounded profits are also locked during that period. However, you can choose to make emergency withdrawals, subject to 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. You can login to your Transak account if you’re already a Transak user. You can also start the KYC process by creating a new account.