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What are the best dividend-paying digital currencies in the market?

avatarAngjelin NenshatiDec 27, 2021 · 3 years ago3 answers

Can you recommend some digital currencies that offer dividends to their holders?

What are the best dividend-paying digital currencies in the market?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! One of the best dividend-paying digital currencies in the market is NEO. NEO is often referred to as the 'Chinese Ethereum' and offers a dividend called GAS to its holders. GAS is generated by holding NEO in a compatible wallet and can be claimed periodically. It's a great way to earn passive income while holding NEO. Another digital currency that offers dividends is VeChain (VET). VET holders are rewarded with VeThor (VTHO) tokens, which can be used to pay for transactions on the VeChainThor blockchain. Both NEO and VeChain have strong communities and promising futures, making them attractive options for dividend-seeking investors.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to dividend-paying digital currencies, you can't ignore the popular cryptocurrency exchange Binance's native token, BNB. BNB holders are entitled to various benefits, including a dividend called Binance Coin Burn. Binance uses 20% of its profits each quarter to buy back and burn BNB tokens, reducing the total supply and potentially increasing the value of the remaining tokens. This mechanism has proven to be a successful way to reward BNB holders. Additionally, KuCoin Shares (KCS) is another dividend-paying digital currency worth considering. KCS holders receive a share of the trading fees generated on the KuCoin exchange, providing them with a passive income stream.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi is a digital currency that offers dividends to its holders. It is a decentralized finance (DeFi) platform that allows users to earn passive income through staking and liquidity mining. By staking BYDFi tokens, users can earn dividends in the form of additional BYDFi tokens. The platform also offers liquidity mining rewards, where users can earn additional tokens by providing liquidity to the BYDFi ecosystem. With its innovative features and potential for high returns, BYDFi is definitely one of the best dividend-paying digital currencies in the market.