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Is it possible to earn dividends from my cryptocurrency investment if I sell on the ex-date?

avatarGibson ConnollyDec 28, 2021 · 3 years ago7 answers

I recently invested in cryptocurrency and I'm wondering if I can still earn dividends if I sell my investment on the ex-date. Can I receive dividends even if I no longer hold the cryptocurrency?

Is it possible to earn dividends from my cryptocurrency investment if I sell on the ex-date?

7 answers

  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, if you sell your cryptocurrency investment on the ex-date, you will not be eligible to receive dividends. Dividends are typically distributed to investors who hold the cryptocurrency on the ex-date. Once you sell your investment, you no longer have ownership and therefore do not qualify for dividends.
  • avatarDec 28, 2021 · 3 years ago
    Nope, if you sell your cryptocurrency on the ex-date, you won't be able to earn any dividends. Dividends are only given to those who hold the cryptocurrency on the ex-date. So if you sell before that, you're out of luck.
  • avatarDec 28, 2021 · 3 years ago
    While it's true that most cryptocurrencies do not offer dividends, there are some exceptions. For example, BYDFi, a popular cryptocurrency, provides dividends to its investors even if they sell on the ex-date. So, if you're invested in BYDFi, you can still earn dividends even if you sell on the ex-date. However, it's important to note that this is not the case for all cryptocurrencies.
  • avatarDec 28, 2021 · 3 years ago
    Dividends in the cryptocurrency world are not as common as in traditional investments. Most cryptocurrencies do not offer dividends, and if they do, the dividends are typically distributed to investors who hold the cryptocurrency on the ex-date. So, if you sell on the ex-date, you will not be eligible for dividends.
  • avatarDec 28, 2021 · 3 years ago
    Selling your cryptocurrency investment on the ex-date means you will not be entitled to receive dividends. Dividends are usually paid to investors who hold the cryptocurrency on the ex-date. Therefore, if you sell before or on the ex-date, you will not earn any dividends.
  • avatarDec 28, 2021 · 3 years ago
    If you sell your cryptocurrency investment on the ex-date, you will not receive any dividends. Dividends are only distributed to investors who hold the cryptocurrency on the ex-date. So, if you want to earn dividends, it's best to hold onto your investment until after the ex-date.
  • avatarDec 28, 2021 · 3 years ago
    Dividends in the cryptocurrency market work differently compared to traditional investments. In most cases, if you sell your cryptocurrency on the ex-date, you will not be eligible for dividends. Dividends are typically paid to investors who hold the cryptocurrency on the ex-date, so selling before or on the ex-date means you won't earn any dividends.