Can you explain the ex date concept for new investors in cryptocurrency?

1 answers

• Dec 17, 2021 · 3 years ago
  As an expert at BYDFi, I can explain the ex date concept for new investors in cryptocurrency. The ex date is a crucial date for investors as it determines whether they are eligible to receive dividends or distributions. When a cryptocurrency goes ex, it means that the right to receive the latest dividend or distribution has been detached from the cryptocurrency. If you buy the cryptocurrency before the ex date, you are entitled to receive the dividend or distribution. However, if you buy it on or after the ex date, you will not receive the dividend or distribution. Therefore, it is important for new investors to pay attention to the ex date when making investment decisions in the cryptocurrency market.
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