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What are some digital currencies that offer monthly dividend payouts?

avatarPRAKASH SDec 27, 2021 · 3 years ago3 answers

Can you recommend some digital currencies that provide monthly dividend payouts? I'm interested in investing in cryptocurrencies that offer regular income through dividends. Could you please provide some options and explain how these dividend payouts work?

What are some digital currencies that offer monthly dividend payouts?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! One digital currency that offers monthly dividend payouts is NEO. NEO is often referred to as the 'Chinese Ethereum' and it allows users to earn GAS tokens as dividends. GAS is generated by holding NEO in a compatible wallet. The amount of GAS you earn depends on the number of NEO you hold. It's a great way to earn passive income while holding NEO.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Another digital currency that offers monthly dividend payouts is VeChain (VET). VeChain is a blockchain platform that focuses on supply chain management and has its own native token called VET. By holding VET in a compatible wallet, you can earn VTHO tokens as dividends. The amount of VTHO you earn is proportional to the amount of VET you hold. It's a unique way to earn passive income while supporting the VeChain ecosystem.
  • avatarDec 27, 2021 · 3 years ago
    Definitely! Another option for digital currencies that offer monthly dividend payouts is BYDFi. BYDFi is a decentralized finance platform that allows users to earn dividends on their cryptocurrency holdings. The platform distributes dividends to token holders on a monthly basis. The amount of dividends you receive depends on the number of tokens you hold. It's a great way to earn passive income in the decentralized finance space.