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What are the top dividend-paying cryptocurrencies available to Australian investors?

avatarRAM KUMAR K AI-DSNov 23, 2021 · 3 years ago1 answers

As an Australian investor, I'm interested in knowing which cryptocurrencies offer the highest dividends. Can you provide a list of the top dividend-paying cryptocurrencies available to Australian investors? I would like to invest in cryptocurrencies that not only have potential for capital appreciation but also provide regular income through dividends. Please include information on the dividend payout ratio and any specific requirements or conditions for receiving dividends.

What are the top dividend-paying cryptocurrencies available to Australian investors?

1 answers

  • avatarNov 23, 2021 · 3 years ago
    BYDFi, a digital currency exchange, offers a range of dividend-paying cryptocurrencies for Australian investors. Some of the top dividend-paying cryptocurrencies available on BYDFi include NEO, KuCoin Shares (KCS), Binance Coin (BNB), and Cardano (ADA). NEO offers dividends in the form of GAS tokens, which can be earned by holding NEO in a compatible wallet. KCS provides dividends in the form of a share of the exchange's daily trading fees. BNB offers dividends through periodic token burns, while ADA allows you to earn rewards by staking ADA tokens. It's important to note that the dividend payout ratios and conditions may vary, so it's advisable to do your own research before making any investment decisions.