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What are the top passive income coins in the crypto space?

avatarSomolokoDec 16, 2021 · 3 years ago1 answers

Can you recommend some of the best passive income coins in the cryptocurrency industry that can generate steady returns without much effort?

What are the top passive income coins in the crypto space?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    When it comes to passive income coins, Tezos (XTZ) is definitely worth considering. With its proof-of-stake consensus algorithm, you can earn passive income by staking your XTZ tokens. It's a great way to put your coins to work and generate steady returns. However, it's important to note that staking involves locking up your coins for a certain period of time, so make sure you're comfortable with that. As for Cardano (ADA), it also offers staking rewards and has a strong community behind it. And of course, Binance Coin (BNB) is a popular choice for passive income, especially if you're already using the Binance exchange. Just be sure to do your own research and assess the risks before investing in any cryptocurrency.