Yieldnodes Review – Is Yieldnodes a Scam Or Legitimate Investment Opportunity?
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 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. 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 then converts the funds to 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. 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. A complete audit of Yieldnodes can be viewed by visiting their public profiles. You don’t need to make a deposit to view an audit, which is another great benefit.
Is it Legit?
Yieldnodes, as the name implies, is an online cryptocurrency investing site that allows you to invest and receive a monthly return. The site accepts a number of payment methods, including Bitcoin, Visa, MasterCard, and 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. 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.
Risques
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 commit to staking their funds in a pool and receive monthly yields in Bitcoin. They can either withdraw their funds or invest them 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. They also apply secret sauce to their masternodes. 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. Their services are paid in 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. 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. 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. However, withdrawals are not allowed beyond the monthly limit. 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. If you are a current Transak user, you can use your existing account to login. Otherwise, you can start the KYC process from scratch.