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What are the best cryptocurrencies for fully franked dividends?

avatarManish SarmahDec 26, 2021 · 3 years ago5 answers

I'm looking for the best cryptocurrencies that offer fully franked dividends. Can you recommend any cryptocurrencies that provide this feature? I'm interested in investing in cryptocurrencies that not only have the potential for price appreciation but also offer regular dividends. Which cryptocurrencies should I consider?

What are the best cryptocurrencies for fully franked dividends?

5 answers

  • avatarDec 26, 2021 · 3 years ago
    When it comes to cryptocurrencies that offer fully franked dividends, one of the top options to consider is Binance Coin (BNB). BNB is the native cryptocurrency of the Binance exchange and holders of BNB are entitled to receive dividends from the profits generated by the exchange. This makes BNB a great choice for investors looking for a cryptocurrency that provides regular dividends. Additionally, BNB has shown strong performance in terms of price appreciation, making it a potentially lucrative investment.
  • avatarDec 26, 2021 · 3 years ago
    If you're looking for cryptocurrencies that offer fully franked dividends, another option to consider is NEO. NEO is often referred to as the 'Chinese Ethereum' and it offers a unique feature called GAS. GAS is generated by holding NEO in a compatible wallet and it can be used for various purposes within the NEO ecosystem. Holding NEO allows you to earn GAS, which can be considered as a form of dividend. NEO has gained popularity in the crypto community and has the potential for both price appreciation and dividend earnings.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi is a decentralized finance platform that offers a wide range of financial services, including the ability to earn fully franked dividends through staking and liquidity mining. By staking your cryptocurrencies on BYDFi, you can earn regular dividends based on the platform's profits. This makes BYDFi a great option for investors looking for cryptocurrencies that provide fully franked dividends. With its user-friendly interface and robust security measures, BYDFi is a reliable platform for dividend earning.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to cryptocurrencies that offer fully franked dividends, it's important to consider the overall stability and reputation of the project. One cryptocurrency that stands out in this regard is Ethereum (ETH). While Ethereum doesn't offer direct dividends, it is the foundation for many decentralized finance (DeFi) projects that provide dividend-like rewards. By investing in Ethereum and participating in DeFi projects, you can potentially earn regular rewards that can be considered as dividends.
  • avatarDec 26, 2021 · 3 years ago
    Fully franked dividends are a unique feature in the world of cryptocurrencies. While there are several options available, it's important to do thorough research and consider your investment goals before making a decision. Some other cryptocurrencies that are worth exploring for potential dividend opportunities include Cardano (ADA), Tezos (XTZ), and Cosmos (ATOM). These cryptocurrencies have gained traction in the market and offer various staking and governance mechanisms that can result in regular rewards for investors.