What is Yieldnodes?
Yieldnodes is a fully hands-off approach to masternoding, allowing the users to invest in masternodes without actually dealing with the technical side.
What Is A Masternode?
Master nodes are part of the crypto infrastructure that supports cryptocurrencies such as Bitcoin & Ethereum Unlike regular nodes, master nodes do not add new blocks of transactions to the blockchain. Instead, they verify new blocks and perform special roles and actions in governing the blockchain.
What Is APY?
The annual percentage yield (APY) is the real rate of return earned on an investment, taking into account the effect of compounding interest.
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What is Compound Interest?
Compound interest is interest on interest. Yieldnodes compounds your investment monthly, so:
First month +10% makes your total: 110%,
Second month +10% makes your profit (1.1 X 1.1 = 1,21) 121%,
Third month (+10%) gives (1.1 X 1.1 X 1.1) 133.1% profit,
Third month (+10%) gives (1.1 X 1.1 X 1.1 X 1.1) 146.41% profit,
Compounding (monthly) makes your initial investment grow higher based on the months and amount invested.
What Yield Can Be Expected?
Currently, Yieldnodes aims to generate 5-15% compounded growth per month. We cannot guarantee this but measures are in place to prevent slow months. Safety of the network, system, and integrity of the servers is the first priority.
Yieldnodes Guide to Set Up Your Account
Cryptographic money is one of the most intriguing and quickest developing areas of the approaching monetary upset. Bitcoin was sent off in January 2009 and adjusted the manner in which we see the fate of cash and how we trade labor and products.
After over a long time since Bitcoin’s send-off, one thing has eased back its reception by billions of individuals: straightforward entry. Notwithstanding its weighty development, Bitcoin and other cryptographic forms of money have attempted to give proficient and simple entrances to the general population.
Enter YieldNodes. A safe, basic, simple to-utilize digital currency stage highlighting an enormous group of front-oriented experts. YieldNodes permits clients to at long last to partake in the progressive blockchain innovation without expecting people to jump profound into the specialized and drawn-out minutia of crypto wallets, trades, and private keys.
In this bit-by-bit guide, we will stroll through the whole course of pursuing your YieldNodes account. Before the finish of this aide, you will be prepared to set aside your initial installment into the YieldNodes stage and start your excursion in cryptocurrency.
Step 1. Go to the YieldNodes website: https://www.yieldnodes.com/
Whenever you have shown up at the YieldNodes site, go ahead and glance around. Investigate the data, the group pages, including each colleagues’ LinkedIn accounts, as well as genuine and checked tributes from early clients and beta analyzers.
YieldNodes has a few income-producing roads. One of their most productive is the masternode area. Energetically called ‘masternoding,’ hubs are significant for the parade of exchanges and keeping an environment’s uprightness. Masternodes perform crucial assignments on an organization, and consequently, they get rewards that add to the profits YieldNodes clients see every month.
Step 2. Now It Is Time To Sign Up
In the wake of investigating what the site brings to the table, the time has come to join. Mostly down the YieldNodes landing page, you will see the data in the screen capture above. A simple passageway to start your YieldNodes venture.
Step 3. Input Your Information And Begin The Sign-Up Process
To start the interaction, enter your first and last name, email address, telephone number, and a solid secret key. In the model above, we will follow the exceptionally named ‘John Doe’ as he pursues YieldNodes.
The main piece of this cycle is your secret phrase. Security is indispensable to your involvement in the stage. The group views it extremely in a serious way. We suggest utilizing a ‘solid secret phrase generator’ or concoct one all alone and ensure you record your secret key someplace safe.
Likewise, invest in some opportunity to read the “Terms and Conditions”. Whenever you are done, check the box and click ‘Sign up.’
Step 4. Welcome To The YieldNodes Dashboard
It very well may be somewhat overpowering from the get-go, however, we take care of you here. Here you will invest the vast majority of your energy while you are a client of YieldNodes. Invest in some opportunity to dive more deeply into the format, the data showed, and the menu on the left half of the screen.
The main objective for you will be the ‘My Account page. You will track down this in the menu on the left half of the screen. Click it so we can proceed.
Step 5. Filling In Your Personal Information
YieldNodes is an expert and legitimate stage. Incredible skill is their top concern, right alongside security and execution. To guarantee all Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations are followed, clients are expected to finish the accompanying strides completely to utilize the YieldNodes stage.
Before you complete your data on this page, take a gander at the ‘Email address’ line. Beneath your email address, you will see the message (Not Verified) (Resend email). Click the (Resend Email) hyperlink and open up your email.
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Step 6. Verify Your Email Address
You will get a basic email from YieldNodes backing to confirm the email address related to the record. Click the ‘Check Email Address’ button situated in the email, and it will return you to the YieldNodes Dashboard.
Once got back to YieldNodes, you will wind up taking a gander at the page above. To push ahead, click the ‘Go to My Account’ hyperlink in the upper left corner of the page.
Step 7. It Is Time To Complete Your ‘My Account Information
When your email is checked, finish up the essential data on the My Account page. Complete name, date of birth, and address. Your email and telephone number will currently be filled in from the underlying signup screen. Whenever you are done, click the ‘Save Changes’ button.
You can see from the screen capture over, the email address is presently (Verified), however, the telephone number says (Not Verified). Try not to stress over your telephone number at the present time; we will finish this in the following stage.
Step 8. Setting Up Two-Factor Authentication & Verifying Phone Number
A two-Factor Authentication is an approach to getting your record something beyond a secret word. This is a typical and powerful method for safeguarding your data and capital. You can decide to utilize either the Google Authenticator App (Recommended) or a standard instant message (SMS).
‘Select’ which one you might want to utilize. Assuming that you pick the Authenticator App, there are a few extra advances; you can find a walkthrough here. Presently the time has come to ‘Verify’ your telephone number. As you can see from the above picture, John Doe’s present number is (Not Verified).
Step 9. Verifying Your Phone Number
A spring up will show up, presented previously. It will list your telephone number and let you in on that an instant message is being shipped off your telephone. The message will incorporate a 6-digit code. Input that 6-digit code into the field and snap ‘Submit.’
When you effectively input the instant message code, you will be gotten back to the ‘2FA Settings’ page, where you will see affirmation that you have effectively pursued Two-Factor validation, and your cell number has been (Verified).
Step 10. Completing Know Your Customer (KYC) Verification
Know Your Customer (KYC) is a typical practice among most digital currency stages to safeguard clients and stage proprietors. YieldNodes keeps an undeniable degree of respectability in their cycles and requires all clients to finish their KYC interaction.
Three items are needed in order to be approved to use the YieldNodes platform: a signed Risk Disclosure Agreement, government-issued Photo ID, and proof of address.
The Risk Disclosure Agreement could look scary, however, it is a not unexpected, standard arrangement for clients who take an interest in digital currency stages. If it’s not too much trouble, read it completely. When perused, you can print and sign, or you can utilize Adobe to apply a computerized signature. Here is a speedy walkthrough on the most proficient method to digitally sign a PDF document.
Then, you should transfer a reasonable, superior quality picture of your government-provided Photo ID. A driver’s permit, identification, or public ID will get the job done. Example:
In conclusion, you should give a duplicate of a bank or service bill to affirm the location that you submitted on your ‘My Account’ page and should match your ID (assuming a location is recorded). A superior quality screen capture or a PDF should get the job done. Example:
After every one of the three things is submitted, you will see the following:
You will see ‘Status: Documents are anticipating affirmation.’ Each report will have a period clock image on the right side, showing that it is currently being assessed. It takes 1-3 workdays for KYC archives to be assessed and supported or dismissed.
Once endorsed, you will get an email advising you of your status, and your ‘KYC Documents’ page will resemble this:
The status will change to ‘Status: Documents are confirmed,’ and everything will highlight a green mark of approval. This demonstrates each of your archives was investigated and viewed as OK to fit the bill for the stage’s KYC prerequisites.
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