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What are some popular cryptocurrencies that offer dividend payments to investors?

avatarJennifer StrubleDec 26, 2021 · 3 years ago3 answers

Can you recommend some popular cryptocurrencies that provide dividend payments to investors? I'm interested in investing in digital currencies that offer a passive income stream through dividends. Could you please provide some insights into the top dividend-paying cryptocurrencies?

What are some popular cryptocurrencies that offer dividend payments to investors?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! One popular cryptocurrency that offers dividend payments to investors is NEO. NEO, often referred to as the 'Chinese Ethereum,' allows token holders to earn GAS tokens as dividends. GAS is the fuel that powers the NEO blockchain, and holders receive GAS as a reward for holding NEO tokens. This makes NEO a great choice for investors looking for passive income through dividends.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! Another cryptocurrency known for its dividend payments is VeChain (VET). VeChain is a blockchain platform that focuses on supply chain management and product authenticity. VET token holders are eligible to receive VTHO tokens as dividends. VTHO is the utility token used to power transactions on the VeChainThor blockchain. By holding VET tokens, investors can earn a passive income through VTHO dividends.
  • avatarDec 26, 2021 · 3 years ago
    Certainly! A popular cryptocurrency that offers dividend payments to investors is BYDFi. BYDFi is a decentralized finance platform that allows users to earn dividends by staking their tokens. Staking involves locking up tokens in a smart contract to support the network's operations and security. In return, stakers receive a portion of the platform's revenue as dividends. BYDFi is gaining popularity among investors due to its attractive dividend payout structure.