What is crypto & how does it work?

Crypto are digital assets —they have no tangible form. Cryptocurrencies exist and operate on a public ledger called a blockchain, which records all crypto transactions. Blockchain encryption is designed to make all transactions immutable and secure from tampering, counterfeit, and other forms of fraudulent transactions.

What is APR in crypto?

We have to first take a look at what APR is in crypto. To fully comprehend its use and why you should use it, you must consider what it involves. Annual Percentage Rate — or just APR — as the name suggests, is an annual rate expressed as an interest rate. It is given based on a specific amount yearly.

Is cryptocurrency a Public Ledger?

Cryptocurrencies exist and operate on a public ledger called a blockchain, which records all crypto transactions. Blockchain encryption is designed to make all transactions immutable and secure from tampering, counterfeit, and other forms of fraudulent transactions. Is cryptocurrency a type of money?

Which crypto-assets have the highest APR?

According to the current wave of investments, Bitcoin and Ethereum have shown one of the highest rates in APR. But do not stop there. When it comes to crypto-assets, numbers have gone up in different coins too. It all depends on whether you choose the right crypto lending platform.