What is the difference between APR and APY?
🔸 APR: Annual interest rate without compounding
🔸 APY: Annual interest rate with compounding
Which one do you use in your investments? And why?
CryptoBasics# #BinanceInsights #DeFiEducation
🔸 APR: Annual interest rate without compounding
🔸 APY: Annual interest rate with compounding
Which one do you use in your investments? And why?
CryptoBasics# #BinanceInsights #DeFiEducation