Yieldnodes Experience

Masternoding is a special way to generate revenue. Technical resources (masternodes) are provided on the basis of the PoS (Proof-of-Stake) procedure.

A masternode is a node server in a network, just like any other „full node“. Only with these full nodes transactions can be processed and stored in the blockchain.

However, the rights and duties of the master node operator go beyond those of a normal full node operator. He is also responsible for basic services, which earns him a certain reward.

The operator of a Master Node must hold a certain number of corresponding coins (collateral) to obtain Master Node status. The operator is rewarded for holding these coins, fulfilling the required tasks and providing computing power (Rewards). Payment is made in corresponding coins.

Those who provide selected master nodes and continuously monitor and optimise them can earn an extraordinary profit through clever strategies.

Masternoding is not mining! In recent years, mining has often been touted as an investment opportunity, for example in Bitcoin, Ether or Dash.

Until 2017, the business was also very lucrative, until the number of new miners entering the field increased dramatically. As more and more miners compete with each other, the initial costs of mining equipment and energy consumption have increased enormously, mining has become quite unprofitable – especially when you consider the cost of electricity and see the current price drops in the crypto sector.

In addition, there are many scams offered by people who do not operate mining servers at all. Simply put, almost anyone promising more than 2% per month in returns is dishonest.

Master-noding has two major advantages over mining that together significantly reduce risk:

1) The initial cost of the mining equipment must be amortised before any real profit can be made, as the value of the equipment approaches zero at the end of its life. In contrast, the masternode makes money from day one, and even if the masternode is switched off, the stakes deposited (untouched) can be released and paid out immediately. While the value of the crypto coin wagered may rise or fall, this is offset with clever strategies.

2) As the operation of a masternode requires only a minimum of energy and thus the operating costs are very low, losses are almost impossible (which is the exact opposite of mining, which consumes a lot of energy), so that in practice the only „risk“ is that the expected return may fall.

The monthly return varies depending on their success and profitability, but over the last 30 months it has averaged 10% per month. Please note that the return is NOT guaranteed and Yieldnodes operates in a risky market, namely cryptocurrencies.

How can I withdraw money from YieldNodes?
Submit your withdrawal request by the 15th of the month and your withdrawal will be made by the 8th or 4th of the following month in cryptocurrency, which you can then exchange for USD, GBP, EUR, etc. If you pay out in Bitcoin, the amount will be transferred on the 8th of the month. If you choose Sapphire, it will be made on the 4th.

With Yieldnodes, deposits are blocked for 6 months. The same applies to all other deposits, including deposits via reinvesting. While there is an option for emergency withdrawals within 48 hours, this is for emergencies only and is subject to a 25% fee.

Your earnings can be withdrawn monthly or automatically reinvested or both.

There are no fees for standard withdrawals (BTC or SAPP).

Yes, but it is locked for 6 months…. which is more like 7 months due to the withdrawal process.

However, with many other passive income opportunities with high returns, you cannot withdraw deposits (you only get bonuses), so this is a big plus for Yieldnodes. One thing to note is that any re-investment is also a ‚deposit‘ and therefore subject to the 6-month lock-in period. There is a 48-hour emergency withdrawal feature, but you will have to pay a 25% fee for this.

Click on Withdraw in your account and scroll down. If you have been a member for more than six months, you should see a „Transfer Noded Balance“ that you can transfer for withdrawal.

Withdrawals can be initiated via a secure member area. Each withdrawal request must be made by the 15th of the month to allow YieldNotes time to resolve the MasterNode, deactivate the server and pay out the winnings in Bitcoin on the 8th (or 4th) of the following month. The minimum payout amount is €100.

Currently, you can choose whether you want to receive your payouts in Bitcoin (BTC), Sapphire (SAPP) or Thether (USDT-TRC20). The desired euro amount is exchanged from your member account at the time of the payout at the respective average rate into the selected currency and sent to the specified wallet address.

Everything in Yieldnodes is pegged to the EURO (EUR). When you deposit, your Masternodes balance, rewards and reports will be in EUR.

Deposits can be made in Bitcoin (BTC) or Tether (USDT on TRC-20).

Payouts can be made in Bitcoin (BTC) or Sapphire (SAPP). Tether is an additional crypto option, but there is a 1% fee due to the conversion from BTC to Tether – whereas there are no withdrawal fees for BTC / SAPP.

For example, if you have a Masternoded balance of EUR 10,000 that will generate EUR 1,000 in profit this month and you want to withdraw this EUR 1,000, you choose the cryptocurrency (e.g. BTC) when withdrawing and EUR 1,000 will be converted to BTC when withdrawing.

Yield Nodes allows you to withdraw or automatically reinvest (all or part of!) your monthly returns, and that’s one of the things I really like about it. You can choose to start withdrawing your returns each month, or continue with automatic compounding. Or both.

Please note that while withdrawals are available monthly, all deposits (including reinvested amounts classified as ‚deposits‘) are locked in for 6 months. There is an emergency withdrawal facility, but this is subject to a fee. More on this in the FAQs.

Yieldnodes pegs its system to the euro and the equivalent of 500 euros is the minimum you can deposit. So the minimum deposit is about 500 USD or 400 GBP. The maximum amount, by the way, is 250,000 euros for the first deposit 😉

Um, yes and no – but probably „not“ in the way you think!

Most of the cryptocurrency space is affected by the price of bitcoin, so „yes“, the profit Yieldnodes generates is affected in some way by bitcoin and the cryptocurrency markets in general… if there are some difficult months for cryptocurrencies, you’ll probably find this reflected in the amount of profit Yieldnodes makes in those months.

Not in terms of your deposits and withdrawals though; everything is ‚pegged‘ to the Euro. Bitcoin is only used as a means of deposit and withdrawal.

If you decide to deposit 1,000 Euros, Yieldnodes will show you how much Bitcoin to send, i.e. 1,000 Euros worth of Bitcoin at the current exchange rate.

If you want to withdraw 1,000 euros, Yieldnodes will send you 1,000 euros worth of bitcoin at the current exchange rate. If you then quickly exchange them into euros, you would usually have 1,000 euros 🙂 .

At the moment, the tax treatment of investments in cryptocurrencies is not precisely defined. However, it is a fact that although masternoding is not a bitcoin transaction, a profit can still be made and the intention to make such a profit is always present. So if the income exceeds the exemption limit, it is taxable. The exemption amount was €9,744 in Germany in 2021 and €9,984 in 2022.

Please note: As an employee in your main job, you can only earn up to €410 per year on the side (freelance or commercial) in Germany without becoming liable to tax (see § 46 para. 2 no. 1 EStG).

However, to be on the safe side, you should ask your tax advisor.

Like any opportunity, there is risk involved. Wherever you invest your funds, which are beyond your control, there is some risk. Even the money in your own wallet can be a risk if you are not careful. That’s why you personally need to do your due diligence, assess the risk and make the decision to deposit yourself.

Basically, you are entrusting your funds to Yieldnodes to make a profit and pay you a share of the profits.

Personally, I have the impression that the founders, from the CEO to his team, are very transparent and sincere. They have also invited 10 independent experts to audit their business in the company and confirm that the funds are used as stated, i.e. that the funds are invested in servers, masternodes and the like. They also do regular video posts, send monthly updates to members and keep them informed.

This is an uncontrolled environment. In general, anything to do with cryptocurrencies and blockchain is fraught with risk and still very unregulated – we are still at a very early stage of the market.

If you want to know more about trustworthiness, you can find detailed information in my research on whether YieldNodes is reputable.

Yes, when you log into your account, look in the left menu bar at the bottom. There, under the heading „Audits“, you will find the report of a July 2022 audit in Malta. Note that these are from people who all have Yieldnodes accounts and have invested in YieldNodes, so they may not be entirely objective.

If you don’t have an account yet, you can click here to register (you don’t need to make a deposit to see the audits).