People used to think that the only way to get a good amount of money in digital currencies was to buy them at the lowest price and sell them when the price rises. However, there are hundreds of other smart ways to make money in digital currency. Including the acquisition of profits from currencies that distribute a percentage of profit to its holders according to the value of its contribution. This method called Dividends, which is dominant in the world of digital currencies, emerged in the direction of emerging because it provides an overview of sustainability and real value.
Before going to the list of the top 8 digital currency projects that offer some form of dividends for Dividends, we would like to show exactly what Dividends means and how you can profit from them.
What is the Dividends method in digital currencies?
Is a part of the company's income, which it distributes to the shareholders on the basis of the proportion of each shareholder's share. Distribution can take place once every month or once every few months, and the decision on the size and distribution of profits is made by each company independently.
This method provides income without investors having to touch capital or basic financial assets, making it a very attractive income option for investors. Profit Dividends can be issued in various forms, such as cash, share in shares or whatever form.
When the concept of profit sharing is applied by different digital currency companies, it is called dividends, which seem to be increasingly common among Altcoins alternative digital currencies. It is important to note that this is different from the Erdop.
Digital eardrops are free grants from pre-mining digital currencies to the Blocchin community and usually occur after the emerging cocaine company completes the IPO process and its tuken is available for trading on the open market.
Mining and Masterboard are not Dividends!
Mining and mastrude are basic services for the industry they serve, and these jobs are only service and not in themselves profit.
Digital currency grinders, which need only a program to produce new miners from the mining or mastering process, do not make dividends by contributing.
Dividends are the result of profit and its essence, there is a difference between the cost of business and its returns.
Revenue is the payments received from other sites for the costs of the Joint Venture Fund.
The Token system in the digital currency is not considered a form of profit. As it serves the primary task of securing the network and achieving currency specifications. The important difference between the distribution of profits by contribution and the mining of new digital currencies is that the first profits are in fact a sign of the long-term sustainability of the ecosystem in value creation.
To generate profits, a service must be provided with results, and for profit, the cost of inputs must be lower than the revenue received for outputs.
The value created must be competitive and sustainable in order to earn dividends in sustainable long-term digital currencies.
Different ways to earn a cumulative income in the world of digital currencies
There are different ways to earn accumulated income from digital currencies, but they vary from one currency to another because each has its own way of operating and has its own rules and regulations.
A number of digital currency projects offer some dividends. Which is usually done by having a certain amount of digital currency operators in a compatible portfolio, then a specific dividend is distributed each period (every month or every quarter), a deposit is made to your account with the digital currency.
It is very important to make sure that you use the fully-backed portfolio of the currency, because if you keep the digital currency in the stock exchange, you will receive rewards instead.
The most common ways to pay you Dividends are:
Staking - It is a method of keeping a Proof-of-Stake (PoS) currency in a private portfolio (usually the official currency portfolio) and getting returns for the time you own.
HOLDING - A purchase and purchase of a digital currency in a portfolio.
In the light of these different types, we will show you some digital currencies that have a bright future and deserve to be acquired.
Best digital currencies to earn a cumulative income
NEO
NEO is a well-known digital currency that supports smart contracts and is called "Chinese etherium" because it offers similar functions, including DAPPS and ICOs.
The platform was developed by Onchain, a Shanghai-based company that began its career as "Antshares" and has recently been renamed to become known as NEO.
Besides the "NEO" coin, there is another currency called "GAS", which can accumulate in the NEO portfolio as a nice return. It is a unique reward paid by NEO to investors who acquire the NEO digital currency.
For GAS, you must keep your NEO coins in the currency and non-stock portfolio (with the exception of Binance and Kucoin that supports GAS currency distribution for all users who purchase the currency on the platform), but there are only a few portfolios that allow you to receive the GAS. Therefore, it is very important to choose the right portfolio for GAS as a profit from the official website here.
Another thing worth mentioning is that you do not have to keep your wallet open at all times, as in some other Proof-of-Stake-based digital currencies.
More about how to profit from NEO Read the article: How to get the free GAS currency from the NEO, a comprehensive guide!
2- VeChain (VET)
VeChain Thor is transforming the company beyond the supply chain to DApp's decentralized application solutions, such as Ethereum,
It is trying to push the company to a higher level of competition with the likes of Ethereum, in terms of providing business solutions. The VeChain Thor platform will use two different types of couplings:
VeChain Tokens (VET)
Thor Power (THOR)
VeChain Token (VET) is designed for businesses as a smart payment currency to run businesses on the blockkin.
During the transition period, companies that acquire more than VET will be given higher priority, along with more rights on the new VeChain Thor network.
On the other hand, THOR Power Booths (THOR) will be awarded to VET digital currency holders. They can be used to execute smart contracts and run applications on Blockkin. This is similar to the way in which a NEO currency is issued to the GAS.
Read in the same context: Binance platform distributes GAS, ONG, VTHO and NPXS currencies for free, learn how!
3. NavCoin (NAV)
NavCoin is a currency based on PoS, a split from PeteCwin that originated in 2014. Just keep your currency in the lightweight Core portfolio and you will get the rewards of about 5% per year, which are not many but since the process is put and forgotten, it is not Still a good boost to your budget with almost no effort.
4. LISK (LSK)
Lisk is a decentralized network that has its own blockkin, such as Bitcoin or Nxt.
However, Lisk does not use the PoW, such as Bitcoin or Proof of Stake (PoS), such as Nxt, but uses a consensus algorithm called the Proactive Proof of Stake (Dpos).
Each LSK holder can vote for public network operators who secure the network, and only 101 users who have received the highest votes (and have the highest number of Lisks) have an opinion on resolution problems and are able to vote on proposed proposals.
Only senior users can get cluster generating bonuses, which means there is a financial incentive to become an active delegate. Each other delegate is on standby to wait to elect.
5. ARK
ARK pays up to 10% of profits on currencies when you participate and vote for one of the 51 delegates. These earnings are paid every few days (or sometimes daily) so that they grow immediately in your barracks.
There will be a total of 128,694,286 coins Ark. Currently, 97,444,286 of them are traded, with those being distributed as mentioned.
ReddCoin (RDD)
Staking RDD is very easy to use - download the Reddcoin Core portfolio and load your keys in the wallet. After 8 hours of waiting time, you will start by staking and earning your RDD. The approximate rewards approximate 5% per year.
KuCoin Shares
KuCoin is a Singapore-based global currency exchange platform that pays 90% of its daily trading fees through its own Token.
The exchange was launched in mid-2017, a relatively recent arrival in the world of digital currency exchange. Although the founding members explored and explored many possibilities as early as 2011.
KuCoin looks great because of its business model and marketing. As well as promising features such as the ability to buy currencies through bank cards and other features.
KuCoin offers its own KCS (KuCoin Shares) and is used in a similar way to the Binance platform. However, their mechanism to reward their owners is different from Binance.
By purchasing the Kucoin coin on the platform, you are entitled to a daily bonus called KuCoin Bonus. KCS holders receive 50% of the total trading fees currently paid, commensurate with the number of Tokens owned, which means that in the event of an increase in the volume and value traded on the stock exchange, the reward for the holding of KuCoin shares will also increase.
ZenCash
The mastern in the ZenCash digital currency ecosystem is called "secure nodes". There are two types of secure nodes: A-Secure Nodes and B-Secure Nodes.
And the difference between them in the amount of digital currencies that need to own to get the accumulated profits and the percentage obtained from the bonus blocks.
A-SecureNodes requires 42 ZEN coins and will give you a 3.5% share of the block equivalent.
For B-SecureNodes, which is experiencing a decline in revenue for node operators due to the rapid growth of the community, the Zen team recently decided to implement a new bonus system. Under the new system, secure node operators have a 10% share of the total mining reward.
9. BridgeCoin
BridgeCoin is a currency created in July 2017 as the currency of a decentralized digital currency platform called CryptoBridge DEX.
This currency was created to finance the development of decentralized exchange. BridgeCoin features advantages such as high liquidity, convertibility, fast transactions and multi-platform support.
It is developed by a highly trained international team and wants to bridge the gap between different types of digital currencies in many aspects, including levels of scaling, arbitrage, liquidity and price discovery among other factors.
BridgeCoin is designed to share revenue with its owners. Its main purpose is to give the owner of the currency the opportunity to participate in profit, thereby becoming a "owner" of the Cryptobridge DEX platform and participating in 50% trading revenue. It has a decent revenue sharing model.
10. DigixDAO
DigixDAO provides gold storage services, and the first digital currency based on Blockchin Etherium began to make dividends.
The digital currency Digix (DGX) is an ethium-supported ether and each is a share of stored gold.
The profits come from gold storage fees, and these fees, as dividends from DigixDAO, are distributed to the DIGIX DIGIX holders.
It is important to note that DigixDAO has full support for gold in its warehouse, which requires maintenance, auditing, insurance, and so on.
In January and February 2018, the day the market was down 15% and Etrium fell by 20%, DigixDAO was able to grow by more than 50% and was the only currency in the top 100 (by market value) in green.
11. PIVX
PIVX is a decentralized digital currency, open source, trying to be anonymous through the implementation of the Zerocoin protocol. It is originally branched out of DASH and is trying to build a usable digital exchange medium that can easily be spent privately and securely in everyday life.
As with most PoS-based digital currencies, PIVX also has its own staking model, which means that you can earn money while you sleep by having PIVX coins in your wallet.
This model is very simple and pays well for it. It is important to note that any quantity owned by PIVX can be accumulated in the portfolio.
Also, a recent proposal to grant some voting rights to all users of the staking program has been approved for the currency, which means that you do not need to hold a full PIVX 10,000 to earn rewards and votes.
For each block (every 60 seconds), a bonus is randomly awarded in opportunities commensurate with the amount of coins deposited, but in this case, the portfolio must be open and online for a certain period of time to claim staking bonuses.
CyberMiles (CMT)
CyberMiles is a law-based lawmaker based on the technology of B2B, designed to use smart contracts in business and focuses on e-commerce transactions, where the company is designed to be a leader in e-commerce.
The company hopes to build a better e-commerce future. It supports DPoS and supports the CMT Stacking with great returns but requires some conditions, one of the currencies in which Arabfolio Capital is a validator of the CyberMiles network.
Read more In the same context: Arabfolio Capital becomes the first Arab CyberMiles Validator
13. ICONOMI
ICONOMI is a digital currency management platform that provides investors with a golden opportunity to access the world of digital currencies by investing in an expert-managed index. It is a very ambitious project that calls on all investors who dare to be part of this amazing journey.
ICONOMI plans to buy ICONOMI barricades available in the open market and then burn them with profits. In this way the value of the remaining Tokens will increase.
Read in the same context: The FOLIO investment fund on ICONOMI exceeds expectations and breaks the recorded numbers
The list of currencies that adopt the staking method continues to grow ...
Neblio, Nulls, PayFair, Ontology, Tezos, NavCoin, Particl, Decred and others.
Conclusion
As you can see, there are quite a few ways to make money from digital currencies. The methods of holding, staking, and running masternodes were the most important ways to make money from digital currencies over the past year. With these methods, you can now acquire many digital currencies and earn a relatively regular return by doing so.