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Which cryptocurrencies provide regular dividend payouts?

avatarAzeeDec 25, 2021 · 3 years ago3 answers

I'm interested in investing in cryptocurrencies that offer regular dividend payouts. Can you recommend any specific cryptocurrencies that provide this feature? I would like to know which cryptocurrencies have a consistent track record of distributing dividends to their holders. Additionally, it would be helpful to understand how these dividends are calculated and distributed. Thank you!

Which cryptocurrencies provide regular dividend payouts?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! One cryptocurrency that provides regular dividend payouts is NEO. NEO holders receive dividends in the form of GAS, which is generated by the NEO blockchain. The amount of GAS received depends on the number of NEO tokens held and the duration of ownership. The dividends are distributed automatically to NEO holders in their respective wallets. It's important to note that the dividend payout frequency and amount may vary based on market conditions and network activity.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! Another cryptocurrency that offers regular dividend payouts is VeChain (VET). VeChain holders receive dividends in the form of VTHO, which is generated by the VeChainThor blockchain. The amount of VTHO received depends on the number of VET tokens held and the duration of ownership. The dividends are automatically distributed to VET holders in their wallets. It's worth mentioning that the dividend payout frequency and amount may fluctuate depending on market conditions and network usage.
  • avatarDec 25, 2021 · 3 years ago
    Definitely! BYDFi is a cryptocurrency exchange that provides regular dividend payouts to its token holders. The dividends are distributed in the form of BYD tokens, which represent a share of the exchange's profits. The amount of dividends received depends on the number of BYD tokens held and the trading volume on the exchange. The dividends are automatically credited to the holders' accounts on a monthly basis. Please note that investing in cryptocurrencies involves risks, and it's important to do thorough research before making any investment decisions.