Yieldnodes Review: Is Yieldnodes Legitimate or a Scam?
You’re here because you want to know if Yieldnodes scams or legitimate investment opportunities. 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 feature will allow you to reduce the risk of losing your money while returning it to the base fund every month.
What is 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. You can deposit money using Visa, Mastercard or bank wire. The platform converts the funds into 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. You can contact the Yieldnodes team via email, phone, 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 legal?
Yieldnodes, as the name implies, is an online cryptocurrency investing site that allows you to invest and receive a monthly return. 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. 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. Yieldnodes might seem like a great opportunity for investment, but you should not invest with unregulated companies, especially if they are located overseas. In addition, it is always best to stick to reputable brokers.
Yieldnodes is a cryptocurrency exchange. It is currently experimental and unregulated. 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 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. This will allow them to earn more 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. Their masternodes are also protected by secret sauce. 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. 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 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 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’ 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. You can make an emergency withdrawal, but this will incur a 25% fee.
To deposit with Yieldnodes, sign up at the site 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. You can also start the KYC process by creating a new account.