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What are some popular cryptocurrencies that offer cash in lieu of shares options?

avatarkittitat rakbouaDec 15, 2021 · 3 years ago3 answers

Can you recommend some popular cryptocurrencies that provide the option to receive cash instead of shares?

What are some popular cryptocurrencies that offer cash in lieu of shares options?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Sure! One popular cryptocurrency that offers cash in lieu of shares is Ripple (XRP). Ripple is a digital payment protocol that allows for fast and low-cost international money transfers. It offers a unique feature called XRP Escrow, which allows users to lock up XRP and receive cash in return. This can be a great option for those who prefer cash over holding shares.
  • avatarDec 15, 2021 · 3 years ago
    Absolutely! Another popular cryptocurrency that provides the cash in lieu of shares option is Stellar (XLM). Stellar is a decentralized platform that aims to facilitate fast and low-cost cross-border transactions. It also offers a feature called Stellar Distributed Exchange, which allows users to convert XLM into cash. So, if you're looking for a cryptocurrency that offers the flexibility to receive cash instead of shares, Stellar is definitely worth considering.
  • avatarDec 15, 2021 · 3 years ago
    Certainly! One of the popular cryptocurrencies that offers the cash in lieu of shares option is BYDFi (BYD). BYDFi is a decentralized finance platform that allows users to earn passive income through yield farming and liquidity provision. It offers a unique feature called BYD Cash, which allows users to convert their BYD tokens into cash. So, if you're interested in earning cash instead of holding shares, BYDFi can be a great choice.