common-close-0
BYDFi
Trade wherever you are!

Are there any cryptocurrencies that pay out dividends?

avatarThuesen LockhartDec 27, 2021 · 3 years ago3 answers

I'm interested in investing in cryptocurrencies that offer dividends. Are there any cryptocurrencies that pay out dividends to their holders?

Are there any cryptocurrencies that pay out dividends?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are cryptocurrencies that pay out dividends to their holders. One example is NEO, which offers a dividend called GAS. GAS is generated by holding NEO in a compatible wallet, and it can be claimed periodically. This provides an incentive for NEO holders to keep their coins and participate in the network.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Some cryptocurrencies pay out dividends as a way to reward their holders. For instance, VeChain (VET) offers a dividend called VTHO. VTHO is generated by holding VET in a compatible wallet, and it can be used to pay for transactions on the VeChain network. So, not only do you earn passive income, but you also have a utility token that can be used within the ecosystem.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are cryptocurrencies that pay out dividends. One such example is BYDFi, a decentralized finance platform. BYDFi holders can earn dividends by staking their tokens in the platform. The dividends are generated from the fees collected on the platform and distributed to the token holders. It's a great way to earn passive income while participating in the BYDFi ecosystem.