Are there any large cap cryptocurrencies that offer high dividend payouts?
Mouritzen LaraDec 25, 2021 · 3 years ago3 answers
Can you recommend any large cap cryptocurrencies that provide high dividend payouts? I'm interested in investing in cryptocurrencies that offer passive income through dividends. Which cryptocurrencies should I consider?
3 answers
- Dec 25, 2021 · 3 years agoSure! There are several large cap cryptocurrencies that offer high dividend payouts. One of the most well-known is NEO. NEO is often referred to as the 'Chinese Ethereum' and has a market cap of over $10 billion. It offers a dividend-like reward called GAS, which is distributed to NEO holders. Another option is VeChain (VET), a blockchain platform focused on supply chain management. VET holders can earn VTHO tokens as a form of dividend. Other cryptocurrencies that offer dividend-like rewards include Ontology (ONT) and NEM (XEM). Make sure to do your own research and consider factors like market cap, project fundamentals, and dividend yield before investing.
- Dec 25, 2021 · 3 years agoAbsolutely! If you're looking for large cap cryptocurrencies with high dividend payouts, you should definitely consider Cardano (ADA). Cardano is a blockchain platform that aims to provide a more secure and sustainable infrastructure for the development of decentralized applications. ADA holders can earn staking rewards, which can be considered as a form of dividend. Another option is Cosmos (ATOM), a decentralized network of independent blockchains. ATOM holders can participate in staking and earn rewards. Additionally, Tezos (XTZ) is another large cap cryptocurrency that offers staking rewards. Remember to carefully evaluate each cryptocurrency's fundamentals and potential risks before making any investment decisions.
- Dec 25, 2021 · 3 years agoYes, there are large cap cryptocurrencies that offer high dividend payouts. One such cryptocurrency is BYDFi (BYD). BYDFi is a decentralized finance platform that allows users to earn passive income through staking and liquidity mining. BYD token holders can participate in staking and earn rewards. It's important to note that investing in cryptocurrencies carries risks, and it's always recommended to do thorough research and consult with a financial advisor before making any investment decisions.
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