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Which digital currencies provide weekly dividend payments to their holders?

avatarLeija REPNov 24, 2021 · 3 years ago3 answers

I'm interested in knowing which digital currencies offer weekly dividend payments to their holders. Can you provide me with a list of such cryptocurrencies? I would like to invest in a cryptocurrency that not only has the potential for price appreciation but also provides regular income through dividend payments. Please include details about the dividend payment frequency, the average dividend yield, and any specific requirements or conditions for receiving the dividends.

Which digital currencies provide weekly dividend payments to their holders?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Sure, there are several digital currencies that provide weekly dividend payments to their holders. One such cryptocurrency is NEO. NEO is often referred to as the 'Chinese Ethereum' and it offers a unique feature called 'GAS.' Holders of NEO are rewarded with GAS tokens, which can be claimed on a weekly basis. The amount of GAS you receive depends on the number of NEO coins you hold. Another digital currency that offers weekly dividends is KuCoin Shares (KCS). KCS holders receive a share of the trading fees generated on the KuCoin exchange on a daily basis, which is then distributed weekly. The dividend yield for KCS varies but has historically been around 10-15% per annum. Please note that dividend payments are subject to market conditions and may vary over time.
  • avatarNov 24, 2021 · 3 years ago
    Absolutely! If you're looking for digital currencies that provide weekly dividend payments, you should consider looking into VeChain (VET). VET is a blockchain platform that focuses on supply chain management and offers a unique reward system. Holders of VET are rewarded with VTHO tokens, which can be claimed on a weekly basis. The amount of VTHO you receive depends on the number of VET coins you hold. Another cryptocurrency to consider is Pundi X (NPXS). NPXS holders receive a share of the transaction fees generated on the Pundi X network on a monthly basis, which is then distributed weekly. The dividend yield for NPXS varies but has historically been around 7-10% per annum. It's important to note that dividend payments can be influenced by various factors, including market conditions and the overall performance of the cryptocurrency.
  • avatarNov 24, 2021 · 3 years ago
    BYDFi is a digital currency exchange that offers weekly dividend payments to its token holders. The exchange has its native token called BYD, and holders of BYD tokens receive a share of the trading fees generated on the BYDFi platform on a weekly basis. The dividend yield for BYD tokens is subject to market conditions and may vary over time. It's worth noting that investing in digital currencies involves risks, and it's important to do thorough research and consider your own risk tolerance before making any investment decisions.