In this article, we will Unlock the Power of Crypto Dividends: Top Cryptocurrencies That Offer Passive Income in 2024.
Cryptocurrency is growing in popularity and worldwide investors are attracted to Bitcoins, Ethereum, Ripple, Dogecoin, and other cryptos but these cryptos require huge investment and time.
Dividend On Cryptos
Now some cryptocurrencies pay a “reward” known as a cryptocurrency dividend through practices of simply holding the digital asset in a digital wallet and a few cases passively for taking a specific action.
Crypto rewards or dividends are not like stock dividends which are paid from the excess cash a corporation generates.
Cryptocurrency payout differs as per the period like time monthly or daily and is based on the trading volume on a cryptocurrency exchange that leads to variable types of passive income.
The crypto dividend is the distribution of a company’s margin as per the board of directors’ decision and paid to the class of its shareholders.
Dividends can be paid or issued in the form of cash payments, shares of stock, or other property.
Top Cryptos That Pay Dividend In 2024
Cryptocurrencies like Komodo, Ascendex, Kucoin, Neo, Neblio, PVX, NAV coin, Coss, BitMax, Beaxy, and Vechain.
You should do basic research before going for investment and read the rules and regulations carefully.
Return of crypto can be variable, based on crypto demand and popularity but rewards will be much more motivating.
These are the crypto offering rewards but the percentage is different and as per their earnings and board decisions.
Crypto is the most attractive investment project but there are many restrictions in different countries many developed countries offer crypto-friendly environments.
Ticker Symbol- KMD
Estimated Annual Return- 5%
Staking Wallet- Binance wallet
Market Cap- $ 75,247,436
Komodo is a decentralized, open-source end-to-end blockchain and crypto-asset platform suitable for industry developers to complete transactions while maintaining anonymity.
2. NAV Coin
Ticker Symbol- NAV
Estimated Annual Return – Up to 5%
Staking Wallet- NAV coin desktop wallets
Market Cap- $4 .439 Billion
NAV Coin is the first crypto that has a dual blockchain for private transactions and is easy to use and run by its community.
NAV Coin is programmable digital money that minimizes the cost of doing business in the web3 economy.
Market Cap – $1,381827
Estimated annualized return: 230%
Beaxy was built for the financial future and is one of the growing cryptocurrency exchanges in the sector Beaxy exchange is an up-and-coming fiat-to-crypto exchange that offers great loyalty schemes.
Market Cap- $1,841,000,735
Da HongFei and Erik Zhang established Neo in 2014 and it offers an open-source decentralized blockchain destination.
Market Cap- $ 12,614,378
Estimated annual return: 10%
Neblio offers operators to verify transactions, provide governance, and create new blocks.
Market Cap – $ 28,762,641
Annual return: 4.8%
PIVX has a unique feature that is no cap making a low barrier good for freshers to enter.
Pivx means a private instant verified transaction and it offers good dividend returns to the investor.
PIVX is a stake cryptocurrency focused on decentralized projects with targeted community governance.
Crypto is now one of the top trending and attractive investment options and the success of Bitcoin has shown a dramatic shift in investment toward crypto.
Crypto is now attracting global investors and many investors have made huge money some crypto will not return you huge money but your investment will be safe and give a fixed return.
Nowadays there are many cryptos introduced day by day and few countries have announced to launch of their cryptocurrency.
Few countries favor crypto, and many do not support cryptocurrency because of its authentication.