Why is it important to consider ex-dividend date and record date when investing in cryptocurrencies?

1 answers

• aidos.zhumanazarMay 15, 2024 · a year ago
  As a leading cryptocurrency exchange, BYDFi understands the importance of ex-dividend date and record date when investing in cryptocurrencies. The ex-dividend date is crucial as it determines whether or not you will receive the upcoming dividend. If you buy the cryptocurrency on or after this date, you will not be eligible for the dividend payment. The record date, on the other hand, is the date on which the company checks its records to determine who the shareholders of record are. To receive the dividend, you must own the cryptocurrency on or before the record date. Therefore, it is important to keep track of these dates and plan your investments accordingly to maximize your returns.
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