How does redenomination impact me?

Updated

1 month ago

In Redenomination, the tokens first get delisted and a new token is listed.

For example: BTC Redenomination

Old Token: BTC
New Token: BTCQ

Ratio: 1:10

Here if you have 10 BTC tokens in your account then you will get 100 BTCQ tokens.

Please note the value of the tokens remains the same, i.e., the INVESTED VALUE of the investment remains the same.

The information and material contained herein are subject to change without prior notice including prices which may fluctuate based on market demand and supply. The material available on the site is proprietary to CoinDCX, its parent, Licensor and/or its affiliates and is for informational purposes and informed investors only. This material is not: (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, or (ii) intended to provide accounting, legal, or tax advice, or investment recommendations. Note Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

*Data sourced from Looker app as on 01st May,2023
*Data as on 01st May,2023
*Quarterly trading volume for Q4 FY'22. Currency conversion rate applied as in data capturing period
*FIU Registered entity, NEBLIO TECHNOLOGIES PVT LTD
*Certified in India for May 2023-24

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