đš Most people misunderstand crypto APR.
Seeing â20% APRâ does NOT mean you make 20% overnight.
APR is an annualized rate, so the actual reward depends on: âł How long you hold
đ° How much you hold
đ Whether the displayed rate changes
Always calculate the actual reward before getting excited about a big APR number. đ
Whatâs the highest APR youâve ever seen on Binance? đ
#Crypto #Binance #CryptoEducation #Web3
Seeing â20% APRâ does NOT mean you make 20% overnight.
APR is an annualized rate, so the actual reward depends on: âł How long you hold
đ° How much you hold
đ Whether the displayed rate changes
Always calculate the actual reward before getting excited about a big APR number. đ
Whatâs the highest APR youâve ever seen on Binance? đ
#Crypto #Binance #CryptoEducation #Web3