🔹 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.
