What is the significance of the record date and ex-dividend date for cryptocurrency investors?

1 answers

• melonoyOct 20, 2021 · 4 years ago
  BYDFi, a leading cryptocurrency exchange, understands the significance of the record date and ex-dividend date for investors. These dates play a crucial role in determining the eligibility of investors to receive dividends. The record date is set by the company and investors who hold the cryptocurrency on or before this date will be entitled to receive dividends. On the ex-dividend date, the cryptocurrency starts trading without the dividend, which means investors who buy the cryptocurrency on or after this date will not receive the dividend. It's important for investors to stay informed about these dates and plan their investments accordingly to maximize their potential returns.
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