Will I be eligible for dividends if I buy a cryptocurrency on the ex-dividend date?

3 answers

• Dec 27, 2021 · 3 years ago
  Yes, if you buy a cryptocurrency on the ex-dividend date, you will still be eligible to receive dividends. The ex-dividend date is the date on which a stock or cryptocurrency starts trading without the dividend included in its price. However, it takes a few days for the transaction to settle, so you may not receive the dividends immediately. Make sure to check the specific rules and regulations of the cryptocurrency and the exchange you are using to ensure you understand how dividends are distributed.
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• Dec 27, 2021 · 3 years ago
  Absolutely! Buying a cryptocurrency on the ex-dividend date doesn't disqualify you from receiving dividends. The ex-dividend date is simply the date on which the dividend is no longer included in the price of the cryptocurrency. As long as you hold the cryptocurrency before the ex-dividend date, you will still be eligible to receive dividends. Just keep in mind that it may take some time for the dividends to be credited to your account.
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• Dec 27, 2021 · 3 years ago
  Yes, you will still be eligible for dividends if you buy a cryptocurrency on the ex-dividend date. However, the specific rules and timing may vary depending on the cryptocurrency and the exchange you are using. It's always a good idea to check with the exchange or do some research to understand how dividends are handled for the specific cryptocurrency you are interested in. For example, at BYDFi, dividends are typically distributed to eligible holders based on their holdings at the time of the ex-dividend date.
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