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. 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 will reduce your risk of losing your money and return it to the base fund each 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. You can deposit money using Visa, Mastercard or bank wire. The platform converts the funds into cryptocurrency and invests them.
YieldNodes offers an 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. 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?
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. In addition, it is always best to stick to reputable brokers.
Risk
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 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 its funds and creates a portfolio that includes masternodes for each of the 14 cryptocurrency. Their masternodes are also protected by secret sauce. 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. The platform is a decentralized network that allows users to take part in governance and provide other exclusive services. They gain reward for their services in the form of fees. While it’s not a mining platform, nodes are essential to the ecosystem and are a lucrative way to contribute crypto.
Yieldnodes provides fast, efficient customer service. The support team at Yieldnodes is highly skilled and flexible and ready to help you with any questions. They can be contacted by phone, email, or live chat.
How to Deposit
Yieldnodes is an investment service that promises big gains for its users. This service is not fully regulated, and there are 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. 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.
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. You can also start the KYC process by creating a new account.