YieldNodes project owners from Hong Kong speak of proven profits and crisis resilience. The master node (a computer that is part of the blockchain) generates income. The site officially launched in 2019, having passed the beta testing stage before that. It could have been a story with a happy ending if the negative feedback hadn’t appeared online. We saw complaints about the company, doubts about its reliability, and accusations of scam. You will find all this in our author’s review.
- YieldNodes General Information
- Registration and Client Portal Review
- Investment Products
- Investment Plans Review
- YieldNodes — Deposit and Withdrawal of Funds
- Verification
- Referral Program
- Is YieldNodes a Scam?
- Legal Information and License
- Yieldnodes.com Domain Info
- Contacts Review
- Lack of Guarantees
- Pros and Cons
- Frequently Asked Questions (FAQ)
YieldNodes General Information
| Website | https://yieldnodes.com/ |
| Phone number | +356 999 572 17 |
| None | |
| Address | Flat A, 15/F, Hillier Commercial Bldg, 65-67 Bonham Strand East, Sheung Wan, Hong Kong |
| License | None |
| Minimum deposit | €500 |
| Assets | Cryptocurrency |
| Yield | 5-15% per month |
| Investment term | From 6 months |
Registration and Client Portal Review
The official website looks like an advertisement for a profitable project. However, if you look closely, there is no concrete evidence of profit.
All relevant issues are discussed in the FAQ section. You can find out that master-noding differs from mining in two advantages: fast profit and low risk.
Clients say in unison that YieldNodes has changed their lives. The company uses a “new technological breakthrough”. Even if it promises 5-15%, it exceeds the bank rate several times.
Pop-ups constantly appear on the site. We can see the nicknames of just registered users. The plugin is provided by a third-party marketing company provely.io. Well, let’s log in too.
You should fill out a short form. Then you will be immediately taken to your client portal.
Here all attention is paid to the dashboard, deposits, and withdrawals. The yield in July was 9.2%, although there is no proof again. You can also join the affiliate program, set up your profile, and read the knowledge base.
Investment Products
Member funds are used to rent servers for the master nodes. The master node is responsible for the authenticity, security, and proper functioning of the blockchain. YieldNodes promises to increase ROI for its investors with Proof of Staking.
The amount of money that the client will earn on the master-noding platform depends on the price of the coins. However, almost all master node coins are not used in the real world.
Therefore, the coins only depend on purchases for the master node. When this parameter decreases, the client’s earnings also decrease. It turns out that YieldNodes is unlikely to bring significant income.
Investment Plans Review
YieldNodes doesn’t have a rate line. The initial deposit is €500. The maximum deposit amount is 250,000 euros. If the client is not satisfied with the terms of the contract, he can terminate the contract, but not earlier than 6 months later.
Profit is projected in the range of 5-15% monthly. If it falls below 5%, owners undertakes to return the rental payment.
The withdrawal can be requested on any day, but it is better to do it from the 1-15th day of the month. Payment is made on the 8th day of the month following the reporting month. The firm always distributes profits 85/15. Participants receive 85%, and the company receives 15%. The income you see on your account is your earnings. The 15% commission is already excluded.
YieldNodes — Deposit and Withdrawal of Funds
You can top up your balance in any convenient way:
- Bank Transfer
- Visa/MasterCard
- Bitcoin.
Payment of profits and interest can be in bitcoins, euros, or dollars. YieldNodes only charges a fee for bank wire transfer payments. It is 2.5% of the transaction amount.
Verification
There are KYC compliance documents in the client portal. You must verify your identity and address with the appropriate documents. You should also attach a photo of the signed Risk Disclosure Agreement.
There is no mention of these requirements anywhere on the website. Apparently, money transactions can be carried out without documents.
Referral Program
The fir, offers additional income through a referral program. After registration, a client receives a link to invite referrals. The referrer will receive 5% for each deposit.
Is YieldNodes a Scam?
While browsing the site, we have identified several interesting points. It is better to know about it in advance than to regret the lost money later.
Legal Information and License
YieldNodes is not regulated. The website states that the legal entity is located in Hong Kong. We used the Hong Kong Companies Registry (https://www.icris.cr.gov.hk/) and found out that Exceptional Media Limited was registered in 2008.
We don’t think this organization is related to YieldNodes, as the project owners don’t mention 2008 anywhere. They also do not have a certificate of incorporation or other evidence of the firm’s ownership. It seems our heroes have stolen the name of an outside company.
Yieldnodes.com Domain Info
The project claims to have entered beta testing in October 2019. This coincides with the real date of domain registration (2019-09-26).
According to SimilarWeb, more than a million users visit YieldNodes every month.
Contacts Review
For communication there is only a Maltese phone number. Customers can also contact it via the feedback form.
We also found an email address in the client portal. YieldNodes also offers to address any questions directly to the CEO.
Only those companies that cannot inspire trust in any other way resort to the personality of the leader.
Lack of Guarantees
The FAQ claims that the company is being open by posting its story on Linkedin. According to the founders, clients should trust them because they are fully committed to the cause and plan to expand the network by buying side exchanges and projects.
These factors mean one thing — we have an HYIP project or a Ponzi scheme. A reliable investment company will not guarantee a large income. The signs of a pyramid also include a lack of official registration, an interesting idea, aggressive advertising, etc.
Pros and Cons
- Easy login
- Affiliate program.
- No license
- HYIP signs
- Bad reviews online
- Unclear legal situation
- Not enough information about the project.
It offers a unique masternode income strategy. Since the company is not officially registered, it is not controlled by the state. By giving funds to founders, you risk losing everything. We recommend finding a safe investment alternative.
Frequently Asked Questions (FAQ)
No, unfortunately. We have not found evidence of regulation.
You can use bank cards, bank transfers, and Bitcoin.
The deposit is taken for at least 6 months. Payments are made monthly.
Spammed
I’m not affiliated with this fraud in any way, but I’ve been receiving spam emails for a week now. Each letter contains different links. As I understand it, they are some kind of referral. I cannot refuse to send mailings, because there is no such function. I can’t contact them either, because they hang up when I call. And they don’t answer emails.
Can't believe
Why should anyone believe Yield nodes at all if they have been working illegally for a long time? There is no regulation. They twist and turn deposits as they want and make people believe in the mighty power of their ecosystem. Nonsense!
Be careful!
If you read the information on yieldnodes.com, everything is so beautiful. It comes to the deposit and your account is immediately banned. Without ceremony for a long time, they get rid of you like unnecessary ballast. 1.5K euros have gone into their pockets. Scam.
It seems to be fake
I don’t know about your opinion, but YieldNodes seem to me the most unreliable. All new crypto projects are always on everyone’s lips. They are always talked about on all forums, in all chats, but only if it’s not a scam. Typical cheating is usually brought up to warn others. Curiously, no one has heard anything about this project for three years, and it’s only now that it has begun to raise a fuss.