In the traditional sense, a dividend is a distribution of profits from a company's stock or debt to its shareholders. Now, you may wonder, can cryptocurrencies then pay dividends? Surprisingly, the same concept also exists in the global crypto asset markets.
Read on to learn more about crypto dividends and discover a list of top cryptocurrencies that pay dividends.
What Are Crypto Dividends?
Crypto dividends are a form of profit sharing that is paid to investors as part of a cryptocurrency project’s revenue or fees. In most cases, crypto dividends are offered as an incentive for supporting a project's development and growth by holding onto the project’s native currency.
In traditional finance, dividends are paid out to shareholders based on the number of shares owned by them in a company. The same goes for the cryptocurrency industry. Token holders earn rewards - akin to dividends - in relation to the number of tokens they hold.
Dividend-paying cryptocurrencies typically pay out...
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