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However, this compensation also facilitates retirement accounts.

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APY stands for annual percentage yield. It is a way to calculate interest earned on an investment that includes the effects of compound interest. Generally speaking, a typical return for crypto assets on an exchange is between %, with the higher end of that spectrum being for stablecoins, and the. Annual percentage yield (APY) acts as a cryptocurrency savings account similar to an annual percentage rate (APR) account. You may deposit your bitcoin (or.

account_circle Bragal

calendar_month 19.10.2021

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account_circle Kigagami

calendar_month 23.10.2021

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account_circle Goltim

calendar_month 25.10.2021

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Join our free newsletter for daily crypto updates! To recap, APY reflects how much return there will be on an investment over the course of a year, taking into account compounding interest. There are also introductory APYs that crypto exchanges offer and you should be careful before investing in them. To be a successful yield farmer, it is vital to constantly track APY in order to identify the most valuable opportunities.