It’s difficult to find trustworthy cryptocurrency with dividends, all currencies don’t provide dividends. Don’t worry I am sharing some dividend crypto currencies that provide dividends.
Today lots of cryptocurrency are launching on a daily basis and it’s hard to find a trustworthy cryptocurrency with dividends. Dividends are some benefits provided by some exchanges for publicity they give dividends in the form of airdrops and daily benefits etc. There are some good cryptocurrency with dividends. Some of them are KuCoin, KCS, AscendEX, ASD, Komodo and VeChain.
Cryptocurrency with dividends
Dividends are benefits offered by some exchanges to promote their exchange and gain popularity. They give airdrops and daily benefits as dividends. Some cryptocurrency with dividends are given below with briefing.
KuCoin KCS
A popular exchange KuCoin is based in Hong Kong. This coin was launched in 2017 and is well known for its user-friendly interface and allows users to buy, invest or trade in a wide range of cryptocurrencies.
Its easy to invest in cryptocurrency you just need to signup which is free. By creating account in KuCoin users can get the chance to earn dividends in the form of KCS bonus. KuCoin gives some unique features to users to earn dividends including KCS bonus. To earn dividends from KuCoin you have to hold at least 6 KCS tokens. Dividend earnings are paid out on a daily basis in the form of KCS tokens.
In every exchange users hold and trade the currency. Some exchanges give benefits to traders and holders as well. Technically KuCoin dividends are generated from 50% of its trading fees and gives benefits to users. More KCS tokens you hold, the more dividends will get.
AscendEX ASD
AscendEX is a crypto exchange in Singapore is another crypto with dividends. AscendEX gives the chance to earn dividends to their users who hold ASD tokens. They provide dividends in the form of AIR drops. More USD tokens you will hold, the more airdrop dividends you will get.
ASD holders get a chance to participate in an initial exchange offering (IEO) and get platform voting.
AscendEX distributes its 80% of network profit as a bonus to users who hold ASD. Users have the option to choose 6.93% return or 80% discount on the trading fees platform. This ASD dividend is really worth it, isn’t it! If you are an ASD holder please share your opinion in the comment box whether you are getting the same or not to help others.
Another big benefit this platform provides is you can use your holds for marginal and futures trading.
Komodo
Komodo was launched in 2016 it’s a privacy focused future project. This crypto project is famous for using zero knowledge proof consensus mechanism. Komodo is a multi chain platform containing exchanges and smart contracts. It allows user created blockchain and host their tokens.
At least 10 KMD tokens holding is required to earn a dividend from Komodo. Komodo dividends can be earned every month, they are called active user rewards.
VeChain dividends
VeChain is a smart contract blockchain. It works on data management, supply chain management and internet of things (IOT). It is useful for business and optimised in such a way to help businesses to grow and scale globally.
VET and VTHO are VeChain’s native blockchain. VET is a transform medium and store of value whereas, VTHO is used to pay gas fees like Ethereum.
By holding a VET token in your wallet you can earn a dividend in VTHO. More VET tokens you hold, the more dividends you get. It also depends on the time period.
Conclusion – Now you are aware of some trustworthy cryptocurrency with dividends. Investing in cryptocurrency may be a lucrative venture depending on the project. Dividends are passive income for those who invested however they are not much popular yet. There are several cryptocurrency with dividends some of them are KuCoin, KCS, AscendEX, ASD, Komodo and VeChain. The profit depends on how many coins you hold and how long you hold.
Make sure to check the latest currency news before investing in them. Some might update and change their dividends. Be updated to find a new crypto currency with dividends.