What are the implications of the ex-dividend date in the cryptocurrency market?

1 answers

• Dec 29, 2021 · 3 years ago
  The ex-dividend date in the cryptocurrency market is an important event that impacts investors. It is the date on which a cryptocurrency starts trading without the right to receive the upcoming dividend. If you buy a cryptocurrency on or after the ex-dividend date, you will not be entitled to the dividend payment. However, if you own the cryptocurrency before the ex-dividend date, you will receive the dividend. The ex-dividend date is significant because it influences the cryptocurrency's price. Generally, the price of a cryptocurrency drops by the amount of the dividend on the ex-dividend date to account for the fact that new buyers will not receive the dividend. Therefore, investors need to be aware of the ex-dividend date and its implications when trading cryptocurrencies in the market.
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