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Which cryptocurrencies offer monthly dividends to investors?

avatarKabiru SalisuDec 25, 2021 · 3 years ago3 answers

I'm interested in investing in cryptocurrencies that offer monthly dividends to investors. Can you recommend any specific cryptocurrencies that provide this feature? I'm looking for options that can generate passive income on a regular basis. What are the best cryptocurrencies for monthly dividends?

Which cryptocurrencies offer monthly dividends to investors?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! One cryptocurrency that offers monthly dividends to investors is NEO. NEO is often referred to as the 'Chinese Ethereum' and it operates on a proof-of-stake consensus mechanism. By holding NEO in a compatible wallet, you can earn GAS, which is the dividend token of the NEO ecosystem. GAS is generated at a rate of approximately 0.3-0.4% per annum. So, the more NEO you hold, the more GAS you can earn. It's a great way to earn passive income from your cryptocurrency holdings.
  • avatarDec 25, 2021 · 3 years ago
    Definitely! Another cryptocurrency that provides monthly dividends is VeChain (VET). VeChain is a blockchain platform that focuses on supply chain management and has a native token called VET. By holding VET in a compatible wallet, you can earn VTHO, which is the dividend token of the VeChain ecosystem. VTHO is generated based on the amount of VET you hold and the length of time you hold it. It's a unique way to earn passive income while supporting the VeChain network.
  • avatarDec 25, 2021 · 3 years ago
    Yes, there are several cryptocurrencies that offer monthly dividends to investors. One such cryptocurrency is BYDFi. BYDFi is a decentralized finance (DeFi) platform that allows users to earn passive income through staking and liquidity provision. By staking BYD tokens, users can earn a portion of the transaction fees generated on the platform. The amount of dividends earned depends on the amount of BYD tokens staked and the overall activity on the platform. It's a great opportunity for investors looking to earn monthly dividends in the DeFi space.