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 allows you to invest your profits automatically into the base fund. It has auto-compounding, automatic reinvestment and other features. 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 are 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. You can deposit money using Visa, Mastercard or bank wire. The platform then converts the funds to 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 founded in February 2019 and has a team of 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. 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 legal?
Yieldnodes, as the name implies, is an online cryptocurrency investing site that allows you to invest and receive a monthly return. 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. 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. 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 unregulated. 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 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. They also apply secret sauce to their masternodes. 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. 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. 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’ positive attributes include its transparent business model, friendly customer service, and many other positive features.
It is simple to use and allows users to deposit and withdraw funds at will. Withdrawals, however, are only allowed monthly. Your initial deposit is locked 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.
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. You can also start the KYC process by creating a new account.