Monday, 3 October 2022

Yieldnodes Review [2022] 2500% Returns But Is It Just A Scam?

YieldNodes offers a sophisticated, tiered masternode renting model in the future blockchain-based economy. The interplay of master-noding, price increases, and complementary services within the same ecosystem derives profits. Not only has YieldNodes expanded rapidly since its beginning 3 years ago, but it has branched out into other sectors to more reliably and effectively generate income.

The platform has a cryptocurrency that is traded on an exchange (several actually), a decentralized marketplace where users may buy and sell cryptocurrency, and a cryptocurrency-based payment system. The development of new services, partnerships, and commercial opportunities are ongoing.

>> Join Yielnodes Today HERE <<

YieldNodes Overview

Using a mathematical technique that includes masternoding, Yieldnodes is a ‘pay-for-service’ system that generates income for its users.

It was originally conceived as a masternode project, but it has since evolved into a hybrid combining masternoding and staking elements. Whilst masternoding tokens is something that anyone can do (assuming you have enough capital to buy these expensive nodes), Yieldnodes take responsibility for this making it very easy to earn high yields with only a minimum investment of €500. All earnings are pooled and distributed monthly: 85% to participants and 15% to Yieldnodes.

The Yieldnode platform removes users’ need to have any masternode experience to profit from this type of yield. Despite the complexity involved in setting up and maintaining a node, Yieldnodes takes care of everything and splits the earnings with its investors.

The creators of Yieldnodes have been entirely upfront with all the operations since they launched the network in 2019, and the results are publicly posted each month.

Masternoding

Every cryptocurrency has a predetermined maximum supply that will be released into circulation. The release of these coins occurs over several years rather than all at once.

Bitcoin was created with the capacity to generate 21,000,000 tokens, but as of this writing, only about 18.4,000,000 are in circulation. The coins were distributed over several years, with the final few coins maybe not coming out until 2040. But the newly minted coins aren’t merely given away for free. You have to work for them.

There are two methods for acquiring currency. These are POW (Proof of Work) and Proof of Stake systems. Let’s go into the inner workings, as they are crucial to understanding how Yieldnodes produce their returns.

Average Monthly Return For YieldNodes

Yieldnodes typically generate a monthly return of around 7%. This is made possible because masternodes may earn a very high return on investment in a proof-of-stake network.

Recent yearly returns have been in excess of 101% and those who opted for monthly compounding earned a staggering 265%.

Users have even claimed significant gains of around 20% each month during the previous months of the crypto market’s ‘bull run’ phases.

On the other hand, if the market falls and cryptos drop in value, investors might see much smaller gains. According to reports, despite Bitcoin’s 40% drop from its all-time high in May 2021, investors still saw a 7.9% profit.

You can discover a comprehensive list of currencies and their predicted ROIs on their official website, and the rewards vary widely depending on whatever currency you lock in a masternode.

Key Features and Benefits of YieldNodes

A few of the best things about YieldNodes are outlined here.

1. Financial projections and historical data show that masternodes generate 5–15% monthly returns.

2. Eighty-five percent of profits go to the participants and fifteen percent to the program (the rental payment).

3. Capital will be refunded in full, including any interest or other accumulated earnings, if the yield falls below 5% for three consecutive months.

4. Return on investment of 1,167.09% compounded annually (since inception in Sept 2019)

5. The past 26 months of average yield was 11%, which works out to a yearly yield of 132% (or 249.85% compounded).

6. There is a 500 Euro ($565) minimum and a 250,000 Euro ($281,000) maximum. Six-month commitment minimum

7. Payments may be made from any nation using Bitcoin, US Dollars, Euros, Visa, Mastercard, SAPP Vouchers, Bank Wire, or Bank Transfer.

8. Yields are compounded weekly and paid out in bitcoin or withdrawn after the first 6-month term.

9. There are no setup costs or monthly dues to join. Yields displayed are after deducting 15% of income as management fees to YieldNodes.

Decenomy

The future of Yieldnodes and their continued success depends heavily on the concept of decenomy, which is their vision for bringing crypto into real-world economies. Initially, they are doing this with a partnership with a small company, Sao Tome and Principe. Here they intend to support the entire economy of this country with their tokens. It’s an interesting use case for crypto assets but very much an experiment.

Here is an overview of the project;

Starting With YieldNodes

YieldNodes offer deposits in US dollars and Euros by Visa, Mastercard, and bank transfer, so you can get started without worrying about whether or not you understand how cryptocurrencies work. If you deposit dollars or euros, YieldNodes will turn them into bitcoin and automatically add them to your portfolio. You have the option to make bitcoin deposits if you want to.

You can receive interest payments every month (after a 6-month minimum term) or have it compounded, in which case the interest will be added to your principal (after the first month).

The minimal time frame for investing any amount of money is six months. YieldNodes needs that commitment to stake the money associated with your investment allocation.

Don’t put any money from the bank that you’ll need for the next few weeks into that account. Bitcoin is used for monthly dividend payments. You have the option of either withdrawing or letting your money multiply after 6 months. Another option for maximizing your profits is to raise your monthly investment, increasing your share and the amount of interest compounding on that investment.

Methods Of Payment

To start with the Yieldnodes platform, you don’t need to own any cryptocurrency or have any prior expertise working with cryptocurrencies. It is one of the many fantastic aspects of this platform. Users of Yieldnodes can make investments using fiat currencies such as the United States Dollar (USD), the British Pound (GBP), the Euro (EUR), and many more.

It can be accomplished through several different payment methods, such as a Visa card, a credit or debit card, a Mastercard, or a bank wire. Once the funds have been sent from your bank, the platform will automatically make the necessary cryptocurrency trades and investments on your behalf.

Additionally, you may make deposits via Coinify or Walleteze, and you can do it with Bitcoin or any other cryptocurrency (the latter has lower fees). After Yieldnodes have been credited with your deposit, it will take approximately one week for the money to be transformed into masternodes. You will be able to start earning rewards after this.

Frequently Ask Questions (FAQ’s)

The following are some of the most commonly asked questions about YieldNodes:

Do Yieldnodes Work, or is it a Scam?

Many people have used Yieldnodes without complaints, and the company’s leadership is open and honest. TrustPilot and other review sites corroborate this. The Yieldnodes team has stated time and time again that maintaining a “clean name” is a primary goal, and they haven’t wavered from that stance yet.

The audits mostly confirmed the company’s assertions of financial health, finding that its compounds and deposits are in harmony with its working capital.

Where and How Safely are the Funds Kept?

When the user’s money enters the system, they are instantly transformed into masternode coins. The proof-of-stake paradigm demands that coins be locked up when a masternode is created.

The money is transferred to a new investor pool worth over $10 million. Every month, customers receive a return proportional to the money made. That’s why masternodes are so important; they’re one of the greatest methods to keep your money safe from hackers.

Can I Get My Hands on My Money Whenever I Want?

Your money will be held for a period of six months if you use Yieldnodes. After that period has passed, you will have full access to your funds at any time; however, you will first be required to submit a withdrawal request, which will take about one month to complete (since that is how long it takes to dissolve masternodes).

Do I Have the Option to Multiply My Earnings?

Yes. There is an option to automate the compounding of monthly profits, so you may leave your investment alone to increase over time. If you don’t want your returns compounded, the platform may be set to pay them out monthly instead. Or you can choose to have a portion of your returns compounded while the rest are paid out regularly.

Does Changes In The Price Of Bitcoin Affect My Investment?

Yield nodes benchmark investments against the Euro; hence, if you invest 1,000 Euros, this is the amount they refer to, even though you are investing Bitcoin. Let’s imagine that your investment yields a return of 10%, and you decide to take it all out.

You would get Bitcoin worth 1,100 Euros in exchange for your payment. Price swings in cryptocurrencies affect the tokens being a controller node, and a severe downturn in the cryptocurrency market as a whole would be terrible for Yieldnodes. On the other hand, when the market is steady or growing, it would mostly enhances returns.

Is Yieldnodes Audited?

Yes. Yieldnodes has been audited several times. Each year the company invites members to attend an in-person audit to check that funds are being used in the way they suggest on their website. These audits are important in making sure invested funds do in fact flow into the coins listed on their homepage.

Still confused? Here’s a detailed Yieldnodes review explaining more about exactly how this investment works;

Conclusion

Yieldnodes has a good track record of consistently paying monthly returns for over 3 years. They also have a good number of 5-star reviews on reputable review sites such as trust pilot. The investment is a very high risk though, and even the Yieldnodes team themselves admit that what they’re doing is very experimental. Taking the time to really understand the risks is vital with such an investment where 100% of invested capital is at risk.

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Via https://medium.com/@crypto_bits/yieldnodes-review-2022-2500-returns-but-is-it-just-a-scam-595ade287b93?source=rss-e787423ae68d------2


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