What are the top passive income coins in the crypto space?
SomolokoDec 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?
1 answers
- Dec 16, 2021 · 3 years agoWhen 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.
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