Yieldnodes Review: Is Yieldnodes Legitimate or a Scam?
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 allows you to invest your profits automatically 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 is Yieldnodes?
Yieldnodes is an exchange platform that allows people to earn monthly returns by 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. 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. You should be aware of phishing websites that pose as Yieldnodes.
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.
However, before investing, it is recommended to perform thorough due diligence. While Yieldnodes may seem like a great investment opportunity, you shouldn’t invest with an unregulated company – especially one that is located overseas. It is best to only work with reputable brokers.
Yieldnodes, a cryptocurrency exchange. It is currently experimental and not regulated. Yieldnodes has photos of the team on its website. The company also announced that it would be celebrating 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. 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 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. 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 offers fast and efficient customer service. Their highly trained and flexible support team is ready to assist you and answer all your questions. They can be contacted by phone, email, or live chat.
How do I 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. Your compounded profits are also locked during that period. 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. 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.