Which is better, APR or APY?
I'm trying to understand the difference between APR and APY. I want to know which one is better when considering investment or loan options. Can someone explain which metric I should prioritize?
What is APY in trading?
I'm trying to understand trading terms and came across APY. What does it stand for in the context of trading and how is it calculated? I want to know how it affects my investments.
What does APY mean in crypto trading?
APY in crypto trading refers to the annual percentage yield, which is the rate of return on investment over a year, taking into account the effect of compounding. It's a measure of how much profit an investor can expect to earn from staking or other similar crypto investment strategies.
What crypto pays the highest APY?
I'm interested in finding out which cryptocurrency offers the highest Annual Percentage Yield (APY). I want to know which crypto investment can provide me with the maximum returns over a year.
What does apy mean in Coinbase?
I'm trying to understand a term I saw on Coinbase. It's 'APY'. I want to know what it stands for and how it's relevant in the context of Coinbase or cryptocurrency generally.