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What are some popular cryptocurrencies that offer cash in lieu of shares options?

CARLOS IVAN GRIJALVA ORNELASMay 12, 2022 · 3 years ago3 answers

Can you recommend some popular cryptocurrencies that provide the option to receive cash instead of shares?

3 answers

  • May 12, 2022 · 3 years ago
    Sure! One popular cryptocurrency that offers cash in lieu of shares is Ripple (XRP). Ripple is a digital payment protocol that allows for fast and low-cost international money transfers. It offers a unique feature called XRP Escrow, which allows users to lock up XRP and receive cash in return. This can be a great option for those who prefer cash over holding shares.
  • May 12, 2022 · 3 years ago
    Absolutely! Another popular cryptocurrency that provides the cash in lieu of shares option is Stellar (XLM). Stellar is a decentralized platform that aims to facilitate fast and low-cost cross-border transactions. It also offers a feature called Stellar Distributed Exchange, which allows users to convert XLM into cash. So, if you're looking for a cryptocurrency that offers the flexibility to receive cash instead of shares, Stellar is definitely worth considering.
  • May 12, 2022 · 3 years ago
    Certainly! One of the popular cryptocurrencies that offers the cash in lieu of shares option is BYDFi (BYD). BYDFi is a decentralized finance platform that allows users to earn passive income through yield farming and liquidity provision. It offers a unique feature called BYD Cash, which allows users to convert their BYD tokens into cash. So, if you're interested in earning cash instead of holding shares, BYDFi can be a great choice.