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Available worldwide except U.S.

Yield App Review

Updated | 05. September 2024

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Available worldwide except U.S.
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Secured bycryptoassets
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Information:

Yield App has commenced insolvent liquidation proceedings

0
rating
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Tested Platform
HIGHLIGHTS
  • Earn 4% - 11% on USDC/USDT

  • Earn 1.5% - 7% on BTC

  • Earn 2.5% - 7.5% on USDT

  • Earn 4.5% - 6% on BNB

RATING
Risk & Returnnumber of stars
Usabilitynumber of stars
Liquiditynumber of stars
Supportnumber of stars

News

Statistics

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Outstanding portfolio:€250.000,000
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Performing portfolio:Not available
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Non-performing portfolio:Not available
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N/A
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Investors' earnings:

Not available

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Loss of investors' money:

Not available

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Average portfolio size:

Not available

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Year founded:

2020

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Number of investors:

90.000

Portfolio Evaluation:

We consider Yield App's statistical data unreliable. The platform lacks transparency, as it does not disclose critical performance data, which increases the risk for potential investors.

Disclaimer:

This statistical information has been sourced from the platform's website and we cannot independently verify its authenticity. Therefore, we recommend conducting your own research, staying updated on the company's latest developments, and reading our Yield App review to enhance your understanding of the platform. Be aware that geopolitical risks, regulations, and force majeure events may negatively impact your portfolio.

    Table of contents

Table of contents

Yield App Limited Announced Liquidation

On 2 July 2024, Yield App announced that it has entered insolvent liquidation, appointing Stephen Cork and Hadley Chilton from Cork Gully LLP as joint liquidators. Their responsibilities include reviewing Yield App's finances, liquidating assets, and managing claims from stakeholders. All future communication will be handled by Cork Gully.

The goal is to maximize value for all parties involved, including creditors and customers, with updates provided throughout the process. Stakeholders are encouraged to check the FAQs or contact customer support for further details.

author

Jakub Krejci

Founder

Fact

Checked

Jakub Krejci, the founder of P2P Empire, brings six years of expertise in navigating and investing across diverse P2P lending platforms. Drawing insights from over 50 interviews with industry CEOs and founders, Jakub offers a unique perspective in the peer-to-peer lending realm. Renowned for his high-quality reporting and regular updates, Jakub stands as a trusted authority for individuals navigating the dynamic P2P investment landscape.

Editorial Note: We earn a commission from partner links on P2P Empire. Commissions do not affect our editors' opinions or evaluations of products.

FAQ

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Is the Yield App regulated?

Yield App is regulated by the Estonian Financial Intelligence Unit and holds a Virtual Currency Licence for Yield APP OÜ. Remember that Yield App doesn’t explain which products are regulated.

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How to withdraw on Yield App?

Users can request a withdrawal to an external wallet at any time. The Yield App aims to process all withdrawals within 72 hours; however, in some cases, it can take up to 30 days.

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Is the Yield App insured?

BitGo no longer insures Yield App; instead, the platform opted for in-house alternative security measures. Is the Yield App available in the USA?

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Is the Yield App available in the USA?

Currently, crypto lenders from the U.S. cannot use Yield App, which is not necessarily a bad sign, as many crypto lenders that operate in the U.S. are being targeted and fined by U.S. regulators.

COMPANY INFORMATION

  • Company:
  • YieldApp OÜ
  • Legal Address:
  • Tina tn 9, 10126 Tallinn, Estonia
  • Office Address:
  • Bangkok, Thailand
  • Email:
  • info@yield.app