You can deposit to Yieldnodes by sending Bitcoin (BTC) or use one of the third party services to deposit fiat money (ie USD, GBP, EUR).
Their founders seem very decent — they announced they would personally match funds donated to humanitarian aid for those displaced in Ukraine and built a feature into the Yield Nodes app to make it easy for members to donate from their profits (see February 2022 update below).
Yield Nodes allow you to withdraw or automatically compound (all or part of!) your monthly yield, which is one of the things I love about the service. You could choose to start withdrawing your returns monthly or you could continue compounding. Or you could do both.
Like any opportunity, there is risk involved. Every place you put your money that you don't control has some risk. If you are not careful, even the money in your own wallet could be at risk. You need to personally do some due diligence, assess the risk-reward and make the decision to deposit yourself.
Another bad month for crypto, but another month of fairy stable Yieldnode returns! USDT withdrawals are now accessible (TRC20 network), additional DECENOMY work is planned (including education - see knowledgebase under Yieldnodes account), another community audit at the Malta headquarters is planned for July, and various Quality of Life (QoL) upgrades - ie UI and UX enhancements... with a government collaboration in the works!
Regarding your deposits and withdrawals, however, the Euro is "pegged" to everything. Bitcoin is exclusively used for deposits and withdrawals.
No. However, it is not required because the Yieldnodes platform is relatively simple to use and has an excellent user experience (UX). The site answers frequently asked questions and gives what I would call a 'perfect' user experience - from a user standpoint, it's very simple yet very powerful.
