Do I need to hold SDIV in a digital wallet to receive dividends and when will they be distributed?

6 answers

• Camila SukhadaJun 07, 2023 · 2 years ago
  Yes, you need to hold SDIV in a digital wallet to receive dividends. Keeping it on an exchange might not guarantee that you receive the dividends. Transferring it to a wallet ensures that you have full control over your SDIV and can participate in dividend distribution.
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• Gregory JohnFeb 08, 2023 · 3 years ago
  No, you don't necessarily need to hold SDIV in a digital wallet to receive dividends. Some exchanges support dividend distribution for certain tokens directly in your exchange account. However, it's always recommended to transfer your SDIV to a wallet for added security and control.
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• Hadar CohenSep 12, 2022 · 3 years ago
  As an expert in the field, I would advise you to hold SDIV in a digital wallet to receive dividends. This ensures that you have complete ownership and control over your tokens, and reduces the risk of losing out on dividends due to exchange-related issues. When it comes to dividend distribution, it varies depending on the project and its specific timeline. It's best to check the official announcements or project updates for the exact distribution schedule.
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• Snedker MadsenJul 07, 2025 · 5 months ago
  Absolutely! Holding SDIV in a digital wallet is the way to go if you want to receive dividends. It gives you the freedom to manage your tokens independently and ensures that you don't miss out on any dividend opportunities. As for the distribution timeline, it's typically determined by the project team and can vary. Keep an eye on the project's official channels for updates on dividend distribution.
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• SAURAV KUMARAug 15, 2021 · 4 years ago
  While it's not mandatory to hold SDIV in a digital wallet to receive dividends, it's highly recommended. Storing your tokens on an exchange may limit your access to certain dividend programs or expose you to potential security risks. By transferring SDIV to a digital wallet, you have full control over your tokens and can participate in dividend distribution without any restrictions. As for the distribution timeline, it depends on the project's schedule and can vary. Stay updated with the project's official announcements for specific dates.
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• do huuphuocDec 18, 2024 · a year ago
  BYDFi, a digital currency exchange, advises users to hold SDIV in a digital wallet to receive dividends. This ensures that you have complete control over your tokens and can participate in dividend distribution without any issues. As for the distribution timeline, it varies depending on the project's schedule. It's recommended to check the official announcements or project updates for the exact dates of dividend distribution.
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