BINANCE ANNOUNCED A DELLB DIVIDEND DISTRIBUTION — HERE IS WHAT HOLDERS NEED TO KNOW.
Binance confirmed on October 19 that eligible holders of Dell Technologies bStocks, represented by $DELLB , will receive the company’s net cash dividend in additional DELLB units or fractions.
The dividend will be reinvested after applicable withholding taxes, fees and other deductions.
Eligibility snapshot:
October 20, 00:00 UTC.
DELLB/USDT trading will not be affected.
However, Binance plans to suspend DELLB deposits, withdrawals and the 1:1 conversion service between DELL stock and DELLB bStocks at:
October 19, 23:30 UTC.
These services are expected to resume after the distribution is completed.
ANNOUNCEMENT: OFFICIALLY CONFIRMED.
DIVIDEND SNAPSHOT: OCTOBER 20.
SPOT TRADING SUSPENSION: NO.
This is a dividend distribution event, not a new cryptocurrency listing.
Binance confirmed on October 19 that eligible holders of Dell Technologies bStocks, represented by $DELLB , will receive the company’s net cash dividend in additional DELLB units or fractions.
The dividend will be reinvested after applicable withholding taxes, fees and other deductions.
Eligibility snapshot:
October 20, 00:00 UTC.
DELLB/USDT trading will not be affected.
However, Binance plans to suspend DELLB deposits, withdrawals and the 1:1 conversion service between DELL stock and DELLB bStocks at:
October 19, 23:30 UTC.
These services are expected to resume after the distribution is completed.
ANNOUNCEMENT: OFFICIALLY CONFIRMED.
DIVIDEND SNAPSHOT: OCTOBER 20.
SPOT TRADING SUSPENSION: NO.
This is a dividend distribution event, not a new cryptocurrency listing.