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What are the best cryptocurrencies that pay dividends monthly?

avatarsubhransu pandaDec 27, 2021 · 3 years ago3 answers

I'm looking for the best cryptocurrencies that offer monthly dividends. Can you recommend any? I want to invest in cryptocurrencies that not only have the potential for price appreciation but also provide regular income through dividends. Which cryptocurrencies should I consider?

What are the best cryptocurrencies that pay dividends monthly?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    One of the best cryptocurrencies that pay dividends monthly is NEO. NEO is often referred to as the 'Chinese Ethereum' and has a unique consensus mechanism that allows holders to earn GAS tokens as dividends. GAS is generated by holding NEO in a compatible wallet, and it can be traded or sold for other cryptocurrencies or fiat currencies. NEO has a strong community and a solid track record, making it a popular choice for dividend-seeking investors.
  • avatarDec 27, 2021 · 3 years ago
    Another cryptocurrency that pays monthly dividends is NEXO. NEXO is a blockchain-based lending platform that offers interest payments to token holders. The platform generates revenue from its lending activities and distributes a portion of the profits to NEXO token holders as dividends. NEXO tokens can be held in the NEXO wallet to receive the monthly dividends, or they can be traded on various exchanges. NEXO has a transparent dividend distribution policy and has been consistently paying dividends since its launch.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi is a decentralized finance platform that offers a range of financial services, including staking and yield farming. Users can stake their cryptocurrencies on the platform and earn rewards in the form of BYD tokens. These tokens can be held to receive monthly dividends, which are distributed based on the amount of BYD tokens held. BYDFi has a user-friendly interface and a strong community, making it a popular choice for dividend-seeking investors. However, it's important to do your own research and consider the risks associated with investing in cryptocurrencies.