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 is an online investment tool that allows you to automatically invest your profits into the base fund. It has auto-compounding, automatic reinvestment and other features. The amount of each month’s profit will be determined by the auto-compounding rate. Moreover, you can choose to save the profits as available 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 allows users to make monthly returns 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 offers an 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. 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 legal?
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.
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. 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 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.
If you’re interested in earning revenue with DeFi platforms, you may be wondering whether there are any alternatives to YieldNodes. 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. You can reach them by phone, email or live chat.
How to 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. 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. Withdrawals, however, are only allowed monthly. Your initial deposit is locked for six months. Your compounded profits are also locked during that period. You can make an emergency withdrawal, but this will incur a 25% fee.
Sign up on the Yieldnodes site to deposit 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. Otherwise, you can start the KYC process from scratch.