📢 Binance will distribute SOXL dividends via SOXLB (bStocks)
Holders of SOXLB will receive the cash dividend from Direxion Daily Semiconductor Bull 3X Shares (SOXL). The net amount, after taxes and fees, will be automatically reinvested by delivering more units of the same SOXLB. Those who hold the asset on-chain will see the adjustment via a multiplier; if it’s in Savings, Margin, or other accounts, it will be credited to your Spot Account.
To receive the benefit, you must have a SOXLB balance at the time of the record date. Trading of the SOXLB/$USDT pair is not interrupted. Deposits, withdrawals, and conversion between $SOXL and $SOXLB have been suspended from September 21 at 23:30 UTC and will resume when the distribution ends, without any further notice.
Remember that bStocks are tokenized securities, not direct shares of the company. The service is mainly intended for ADGM users and is not available for people in or from the United States. The original English version is the official one.
#Binance #bStocks #SOXLB #SOXL #Dividends #Investing #Tokenized #Crypto #MercadoFinanciero
Holders of SOXLB will receive the cash dividend from Direxion Daily Semiconductor Bull 3X Shares (SOXL). The net amount, after taxes and fees, will be automatically reinvested by delivering more units of the same SOXLB. Those who hold the asset on-chain will see the adjustment via a multiplier; if it’s in Savings, Margin, or other accounts, it will be credited to your Spot Account.
To receive the benefit, you must have a SOXLB balance at the time of the record date. Trading of the SOXLB/$USDT pair is not interrupted. Deposits, withdrawals, and conversion between $SOXL and $SOXLB have been suspended from September 21 at 23:30 UTC and will resume when the distribution ends, without any further notice.
Remember that bStocks are tokenized securities, not direct shares of the company. The service is mainly intended for ADGM users and is not available for people in or from the United States. The original English version is the official one.
#Binance #bStocks #SOXLB #SOXL #Dividends #Investing #Tokenized #Crypto #MercadoFinanciero
