Annual percentage yield (APY) is a common term used in traditional finance, as well as in crypto, to explain how much you can earn from your assets . The main difference usually lies in whether your returns are compounded — i.e., whether your earnings themselves generate earnings — and over what time period.
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APY. Finance (APY) Coin Price, Chart & News | Binance: APY .
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The annual percentage yield (APY) is the real rate of return earned on an investment, taking into account the effect of compounding interest . Unlike simple interest, compounding interest is calculated periodically and the amount is immediately added to the balance.
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Annual percentage yield (APY) acts as a cryptocurrency savings account similar to an annual percentage rate (APR) account . You may deposit your bitcoin (or another crypto asset) and receive a fixed rate of return over a specific period of time.
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