Bitcoin is not the only cryptocurrency, there are now many different cryptocurrencies. There are several ways to invest in cryptocurrency. One can e.g. trade cryptocurrency (best trading bots can be found here). But there is also the possibility to generate passive revenue and that’s why it should go here. There are coins that pay a certain dividend for simply holding them. What coins are that and how the dividend looks in detail you will learn here.
Only coins will be presented that will exist in the long term with very high certainty and have great growth potential. If you want to get a dividend, then you usually invest long term. Thus, it is particularly important in what you invest.
NEO und GAS
NEO is a Chinese cryptocurrency that is very similar to Ethereum and therefore called the “Chinese Ethereum”. The NEO platform thus focuses on smart contracts and dApps (distributed apps).
Why is NEO an interesting investment?
NEO’s Blockchain is based on Proof of Stake. This means that you get a kind of dividend for just holding NEO coins. In this case you will receive GAS as a “dividend”. GAS, in turn, is needed to use the blockchain from NEO. So the return is made without having to actively do anything but keep the coins.
The ROI (return on investment) is currently about 3%. An interesting return, considering that NEO itself could gain in value. You would have NEO’s that are more valuable and would also receive GAS. On the stock markets, dividend stocks are getting more and more attention because the potential is being recognized, so why not in crypto currency?
You get 0.1 GAS per year for each NEO you hold. That is 10 NEO = 1 GAS. But you can also calculate here how much GAS you can get for how many NEO’s.
How to buy NEO and keep it safe?
You can buy NEO from Binance*. It would be of advantage if you already own coins, because Binance is (still) no Euro deposit possible. If you do not have any coins yet, you can easily avoid this by open an account with Coinbase* and buy Ethereum or Bitcoin then send it to your Binance account to buy NEO.
Please note, you can only send whole NEO’s. So, for example 10 and not 10.2 or 10.7 NEO’s. The NEO withdrawal is free at Binance.
You could leave the NEO coins on Binance, because Binance supports the NEO claim and writes your GAS Token well every month. Of course, leaving the coins on a stock market carries a risk, because if the stock market would be hacked, you could lose the coins. Binance is a very safe exchange, however you could minimize the risk by sending the coins to the NeonWallet for example.
Photo credit: neo.org
VET and Thor
VET (Vechain Thor) is working to use Blockchain technology to make products and information more transparent. Above all, the supply chain should become more transparent. You could call Vechain a “B2B Ethereum”.
Why is VET an interesting investment?
Vechain is said to have tremendous potential. Vechain has some very large partners on board. In the long term, the price could rise significantly if integration into the industry succeeds. The Vechain technology is based on Proof of Stake. For holding VET, you get the Thor Token.
The ROI is currently at 1.12%. While it may not sound like much, the Vechain ecosystem is at the very beginning. Growth potential is enormous. For each VET you get ~ 0.15 Thor tokens every year. For example, you get 15,330 Thor tokens for 100,000 VETs. You can even calculate how many Thor tokens you get for the respective amount of VETs here.
How can you buy VET and keep it safe?
You can buy VET at Binance*. Remember, it would be an advantage if you already own coins, because Binance is (still) no Euro deposit possible. If you do not have any coins yet, you can easily avoid this by open an account with Coinbase* and buy Ethereum or Bitcoin then send it to your Binance account to purchase VET.
You could then leave the VET Coins on Binance. Binance automatically credit the Thor tokens to you every month. If you do not want to take the risk of leaving the coins on the exchange, you can download the VeChain Android wallet or VeChain iOS wallet.