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Technical Support / Dividend Clarification
« on: March 15, 2015, 09:13:52 am »
Good day,
I recently started investing in BitShares and I wanted clarification on what the terms of receiving dividends are. There appears to have been changes over time and I want to get the most recent procedures to follow before diving any deeper. When I first learned of BTS I thought that I merely bought BitAssets with BTS and I hold onto them for dividends similar to this explanation: https://bitsharestalk.org/index.php?topic=755.msg10275#msg10275 This post was from November of 2013 and may very well be out of date. I think think the terms now are that you hold onto the Bitshares or BitAssets for at least 24 hours then you must transfer them via a trade or out of your wallet and depending on how long you held on to them you will receive a dividend. Is that correct?
Also, is it necessary to continually have my wallet open similar to proof of staking?
Thank you.
I recently started investing in BitShares and I wanted clarification on what the terms of receiving dividends are. There appears to have been changes over time and I want to get the most recent procedures to follow before diving any deeper. When I first learned of BTS I thought that I merely bought BitAssets with BTS and I hold onto them for dividends similar to this explanation: https://bitsharestalk.org/index.php?topic=755.msg10275#msg10275 This post was from November of 2013 and may very well be out of date. I think think the terms now are that you hold onto the Bitshares or BitAssets for at least 24 hours then you must transfer them via a trade or out of your wallet and depending on how long you held on to them you will receive a dividend. Is that correct?
Also, is it necessary to continually have my wallet open similar to proof of staking?
Thank you.