What cryptocurrencies provide regular monthly dividends to their holders?
Marwa OuelhaziDec 26, 2021 · 3 years ago5 answers
I'm interested in investing in cryptocurrencies that offer regular monthly dividends to their holders. Can you recommend any specific cryptocurrencies that provide this feature? I would like to know more about the cryptocurrencies that distribute dividends on a monthly basis and how they work.
5 answers
- Dec 26, 2021 · 3 years agoSure! One cryptocurrency that provides regular monthly dividends to its holders 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 is distributed to NEO holders on a monthly basis. The amount of GAS you receive is proportional to the amount of NEO you hold. This makes NEO an attractive investment option for those looking for regular passive income.
- Dec 26, 2021 · 3 years agoYes, there are several cryptocurrencies that offer regular monthly dividends. One such cryptocurrency is VeChain (VET). VeChain is a blockchain platform that focuses on supply chain management and product authenticity. Holders of VET tokens are eligible to receive VTHO tokens as dividends on a monthly basis. VTHO is the native utility token of the VeChain platform and it is used to pay for transactions and smart contract execution. By holding VET tokens, investors can earn passive income in the form of VTHO dividends.
- Dec 26, 2021 · 3 years agoBYDFi, a popular decentralized finance platform, also offers regular monthly dividends to its token holders. The platform distributes dividends in the form of BYD tokens, which are generated by the platform's revenue. Holders of BYD tokens receive a share of the platform's profits on a monthly basis. This provides investors with a passive income stream and incentivizes them to hold BYD tokens. BYDFi has gained popularity in the DeFi space due to its innovative dividend distribution model.
- Dec 26, 2021 · 3 years agoInvesting in cryptocurrencies that provide regular monthly dividends can be a great way to earn passive income. One such cryptocurrency is KuCoin Shares (KCS). KCS is the native token of the KuCoin exchange and holders of KCS receive a portion of the exchange's trading fees as dividends on a daily basis. These dividends are distributed to KCS holders in various cryptocurrencies, providing them with a diversified income stream. KuCoin Shares have gained popularity among investors looking for regular income from their cryptocurrency investments.
- Dec 26, 2021 · 3 years agoAnother cryptocurrency that offers regular monthly dividends is Pundi X (NPXS). Pundi X is a blockchain-based payment platform that aims to make cryptocurrency payments accessible to everyone. Holders of NPXS tokens receive a share of the platform's transaction fees as dividends on a monthly basis. This provides investors with a passive income stream and encourages them to hold NPXS tokens. Pundi X has gained traction in the cryptocurrency market due to its focus on real-world adoption and usability.
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