Yieldnodes Review: Is Yieldnodes Legitimate or a Scam?
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 allows you to invest your profits automatically 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. Moreover, you can choose to save the profits as available 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. 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. The staff is highly skilled and will promptly respond to any questions or queries. You can contact the Yieldnodes team via email, phone, or live chat. Phishing websites posing as Yieldnodes are to be avoided.
Yieldnodes was founded in February 2019 and has a team of 50+ employees. Their executives are located on the company’s homepage half-way down. 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?
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. 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, 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.
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.
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. 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 provides fast, efficient customer service. The support team at Yieldnodes is highly skilled and flexible and ready to help you with any 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 has many positive aspects, including its transparent business model and friendly customer service.
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. 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. If you are a current Transak user, you can use your existing account to login. Otherwise, you can start the KYC process from scratch.