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

avatarbaucesauceDec 29, 2021 · 3 years ago3 answers

Is it possible to sell Bitcoin on the ex-dividend date and still receive the dividend? How does the ex-dividend date work in the context of Bitcoin dividends?

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

3 answers

  • avatarDec 29, 2021 · 3 years ago
    No, it is not possible to sell Bitcoin on the ex-dividend date and still receive the dividend. The ex-dividend date is the date on which a security, in this case Bitcoin, begins trading without the dividend. If you sell your Bitcoin on or after the ex-dividend date, you will not be eligible to receive the dividend. It is important to hold the Bitcoin before the ex-dividend date to be eligible for the dividend payment.
  • avatarDec 29, 2021 · 3 years ago
    Unfortunately, selling Bitcoin on the ex-dividend date means that you will not receive the dividend. The ex-dividend date is set by the company or exchange issuing the dividend, and it marks the date on which the stock or security starts trading without the dividend. If you sell your Bitcoin on or after the ex-dividend date, you will not be entitled to the dividend payment. It is advisable to hold your Bitcoin before the ex-dividend date if you want to receive the dividend.
  • avatarDec 29, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, selling Bitcoin on the ex-dividend date means that you will not receive the dividend. The ex-dividend date is an important date for dividend investors as it determines whether they are eligible to receive the dividend payment. If you sell your Bitcoin on or after the ex-dividend date, you will not be entitled to the dividend. Therefore, it is recommended to hold your Bitcoin before the ex-dividend date if you want to receive the dividend payment.