Annual Percentage Rate (APR)

The yearly interest generated on a sum that is paid to investors or borrowers is called the Annual Percentage Rate (APR). This interest rate is expressed in percentages representing the actual yearly cost of funds during the time for which the loan was given or the income earned on an investment. Wondering what is APR in crypto?

The annual funds received by an investor when staking their crypto in a crypto earn program of a crypto exchange is called the annual percentage rate or APR of the exchange. The higher the APR, the higher the reward received by the investor. Since the nature of the APR is of simple interest, the return is directly proportional to the amount of crypto invested.

A crypto earn program is similar to staking. The crypto assets are locked up for a certain time period to help investors earn additional crypto depending on the interest rate given by the exchange. This is easy and rewarding for crypto investors while they HODL their crypto assets.

Mudrex App

Scan QR to download the app or click on the links below