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 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 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 is an exchange platform that allows people to earn monthly returns by 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 converts the funds into 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. You can contact the Yieldnodes team via email, phone, 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. You can also see a full audit of Yieldnodes by viewing 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. 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.
Risques
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. This will allow them to earn more 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 believes cryptocurrency is a real alternative to fiat currencies.
Alternatives
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 do I 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. 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.
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.
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. 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.