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Do I need to hold my cards the whole month to be eligible for Collection Dividends?

No. Your payout is based on the cards in your collection at the end of the month. If you remove, sell, or transfer a card before month-end, it won't be included in that month's payout calculation. If you acquire a card during the month and still hold it at month-end, that card's payout is prorated based on how long you held it during the month.

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