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What are some beginner-friendly cryptocurrencies that offer dividends?

avatarStyve TambweDec 18, 2021 · 3 years ago3 answers

I'm new to cryptocurrencies and I'm looking for some beginner-friendly options that also offer dividends. Can you recommend any cryptocurrencies that fit this criteria?

What are some beginner-friendly cryptocurrencies that offer dividends?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Sure! One beginner-friendly cryptocurrency that offers dividends is NEO. NEO is often referred to as the 'Chinese Ethereum' and it allows users to earn dividends in the form of GAS tokens. GAS is generated by holding NEO in a compatible wallet, and it can be used for transaction fees on the NEO network. This makes NEO a great option for beginners who want to earn passive income through dividends.
  • avatarDec 18, 2021 · 3 years ago
    Definitely! Another beginner-friendly cryptocurrency that offers dividends is VeChain. VeChain is a blockchain platform that focuses on supply chain management and product authenticity. By holding VeChain's native token, VET, users can earn VTHO, which is the fuel for transactions on the VeChainThor blockchain. So not only can you earn dividends, but you can also participate in a project that aims to revolutionize supply chain management.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! If you're looking for a beginner-friendly cryptocurrency that offers dividends, you should check out BYDFi. BYDFi is a decentralized finance platform that allows users to earn dividends by staking their tokens. Staking is the process of holding tokens in a wallet to support the operations of a blockchain network. With BYDFi, you can stake your tokens and earn passive income through dividends. It's a great way for beginners to get involved in the world of cryptocurrencies and start earning rewards.