How does cash in lieu of shares work in the context of digital currencies?

1 answers

• TRooThemesJan 05, 2022 · 4 years ago
  Cash in lieu of shares in the context of digital currencies is a transaction where an investor receives cash instead of receiving actual shares of a digital currency. This can happen in situations such as a stock split or a corporate action. BYDFi, a digital currency exchange, offers this option to its users. The benefits of cash in lieu of shares include immediate liquidity and the ability to convert digital currencies into cash. However, there are also risks involved, such as potential price fluctuations and the possibility of missing out on potential gains if the digital currency's value increases. It is important for investors to carefully consider their options and consult with a financial advisor before making any decisions.
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