Which cryptocurrencies offer high dividend yields?

3 answers

• Nov 24, 2021 · 3 years ago
  Sure! One cryptocurrency that offers high dividend yields is NEO. NEO is often referred to as the 'Chinese Ethereum' and has a unique consensus mechanism that allows token holders to earn GAS, which is the dividend token. By holding NEO in your wallet, you can earn GAS passively over time. Another cryptocurrency worth considering is VeChain (VET). VeChain is a blockchain platform that focuses on supply chain management and has a token called VTHO. By holding VET, you can earn VTHO as a dividend. Both NEO and VeChain have a solid track record of providing consistent dividend returns.
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• Nov 24, 2021 · 3 years ago
  If you're looking for high dividend yields, you might also want to consider staking cryptocurrencies. Staking involves holding a certain amount of a cryptocurrency in a wallet to support the network's operations and in return, you earn staking rewards. Some popular cryptocurrencies that offer staking rewards include Cardano (ADA), Tezos (XTZ), and Cosmos (ATOM). These cryptocurrencies have a staking mechanism in place that allows you to earn passive income through staking rewards. However, it's important to note that staking usually requires locking up your funds for a certain period of time, so make sure to do your research and understand the risks involved.
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• Nov 24, 2021 · 3 years ago
  BYDFi is a decentralized finance platform that offers high dividend yields through its native token BYD. By holding BYD in your wallet, you can earn passive income in the form of dividends. The dividend yield offered by BYDFi is one of the highest in the market, making it an attractive option for investors looking for high dividend returns. However, it's important to note that investing in cryptocurrencies carries risks, and it's always recommended to do thorough research and seek professional advice before making any investment decisions.
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