🔹 What is APR in Binance and how does it affect your investments? 🔹

If you've ever seen the term APR in Binance Earn or investment products, here I explain it simply.

💡 APR (Annual Percentage Rate) = Annual Percentage Rate

It is the estimated return you can earn in a year from your investment, not including the effect of compound interest.

📌 Quick example:

If you invest $100 in a product with an APR of 10%, after one year you would earn $10 in interest. But if you reinvest the interest (compound interest), your actual earnings would be higher.

🔍 Difference between APR and APY

• APR: Does not include compound interest.

• APY: Yes, it includes compound interest, which can increase long-term earnings.

✅ Use the APR to compare investment opportunities and maximize your returns.

💬 Do you have questions about how to take advantage of the APR in Binance? Leave them in the comments!

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