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. In this Yieldnodes review, we’ll examine its features, risks, and alternatives. 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 will reduce your risk of losing your money and return it to the base fund each 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. You can deposit money using Visa, Mastercard or bank wire. The platform then converts the funds to 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. Phishing websites posing as Yieldnodes are to be avoided.
Yieldnodes was established in February 2019, and now has 50+ employees. Their executives are located on the company’s homepage half-way down. 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. 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.
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 is a cryptocurrency exchange. It is currently experimental and not regulated. Yieldnodes has photos of the team on its website. The company also announced that it would be celebrating 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 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. In this way, they can earn more income 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. They also apply secret sauce to their masternodes. 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. 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 do I deposit?
Yieldnodes is an investment service that promises big gains for its users. This service is not fully regulated, and there are 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. Your initial deposit is locked for six months. The compounded profit is also locked for that time. 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.