Can you sell Bitcoin Cash on the ex-dividend date and still get the dividend?

Is it possible to sell Bitcoin Cash on the ex-dividend date and still receive the dividend? How does the ex-dividend date affect the eligibility for receiving dividends?

3 answers
- No, you cannot sell Bitcoin Cash on the ex-dividend date and still receive the dividend. The ex-dividend date is the date on which a security, such as a stock or cryptocurrency, starts trading without the dividend. If you sell your Bitcoin Cash on or after the ex-dividend date, you will not be eligible to receive the dividend. It is important to note that the ex-dividend date is determined by the exchange or platform where you hold your Bitcoin Cash, so make sure to check the specific date for your holdings.
Mar 20, 2022 · 3 years ago
- Selling Bitcoin Cash on the ex-dividend date will not entitle you to receive the dividend. The ex-dividend date is set by the exchange or platform and is the date on which the stock or cryptocurrency begins trading without the dividend. If you sell your Bitcoin Cash on or after the ex-dividend date, you will not be eligible to receive the dividend. It is recommended to check with your exchange or platform for the specific ex-dividend date and make sure to hold your Bitcoin Cash until after that date if you want to receive the dividend.
Mar 20, 2022 · 3 years ago
- According to BYDFi, a leading cryptocurrency exchange, selling Bitcoin Cash on the ex-dividend date will not make you eligible to receive the dividend. The ex-dividend date is determined by the exchange and is the date on which the stock or cryptocurrency starts trading without the dividend. If you sell your Bitcoin Cash on or after the ex-dividend date, you will not receive the dividend. To ensure you receive the dividend, it is advised to hold your Bitcoin Cash until after the ex-dividend date. Please note that the ex-dividend date may vary depending on the exchange or platform where you hold your Bitcoin Cash.
Mar 20, 2022 · 3 years ago
Related Tags
Hot Questions
- 83
How can I minimize my tax liability when dealing with cryptocurrencies?
- 67
How does cryptocurrency affect my tax return?
- 59
What are the advantages of using cryptocurrency for online transactions?
- 55
What is the future of blockchain technology?
- 44
What are the tax implications of using cryptocurrency?
- 42
How can I protect my digital assets from hackers?
- 33
What are the best digital currencies to invest in right now?
- 18
What are the best practices for reporting cryptocurrency on my taxes?