Yieldnodes Review – Is Yieldnodes a Scam Or Legitimate Investment Opportunity?
If you have been wondering if Yieldnodes is a scam or legit investment opportunity, you’ve come to the right place. In this Yieldnodes review, we’ll examine its features, risks, and alternatives. 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 allows users to make monthly returns 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 converts the funds into 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. You should be aware of phishing websites that pose as Yieldnodes.
Yieldnodes was established in February 2019, and now has 50+ employees. Half-way down the homepage is where you will find their executives. You can find their contact information on the left menu bar near the bottom of the page. You can also see a full audit of Yieldnodes by viewing their public profiles. You don’t need to make a deposit to view an audit, which is another great benefit.
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. 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. It is best to only work with reputable brokers.
Risques
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 does not support multiple accounts. It also requires a minimum six-month investment term. Users agree to place their funds in a pool, and they will receive monthly Bitcoin yields. They can either withdraw their funds or invest them to compound. This will allow them to earn more 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. 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. Their services are paid in 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. 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 is an investment service that promises big gains for its users. 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’ 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. 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. You will need to enter your personal information and consent to the speculation agreement. 2FA settings can also be set up. You can login to your Transak account if you’re already a Transak user. Otherwise, you can start the KYC process from scratch.