How does a reverse stock split affect your cryptocurrency holdings if you don't have enough shares?

3 answers

• Mar 23, 2022 · 3 years ago
  During a reverse stock split, the number of shares you own will decrease, but the value of each share will increase proportionally. If you don't have enough shares to meet the minimum requirement after the reverse stock split, your holdings may be affected. It's important to check the specific rules and requirements set by the cryptocurrency exchange or platform you're using.
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• Mar 23, 2022 · 3 years ago
  If you don't have enough shares during a reverse stock split, your cryptocurrency holdings may be affected differently depending on the exchange or platform you're using. Some exchanges may allow fractional shares, which means you can still hold a fraction of a share even if you don't meet the minimum requirement. However, other exchanges may require you to have a minimum number of shares after the reverse stock split, and if you don't meet this requirement, your holdings may be liquidated or you may be asked to sell your shares.
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• Mar 23, 2022 · 3 years ago
  At BYDFi, if you don't have enough shares during a reverse stock split, your holdings may be affected. We recommend checking the specific rules and requirements set by BYDFi to understand how your holdings will be impacted. It's important to stay informed and take appropriate actions to manage your cryptocurrency holdings during a reverse stock split.
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