What is APY in crypto?

APY stands for ‘annual percentage yield’. It allows you to figure out how much your crypto investment will grow over time and, most importantly, APY factors in the ever-changing nature of crypto yield products. Here’s how APY works. There’s a very simple equation that anyone can use to calculate APY in crypto.

How to earn a passive crypto income?

Earned Interest on Crypto: The other major way to earn a passive crypto income is through staking. When it comes to your compensation for staking your cryptos, APY is also the standard measurement. Regardless of where APY is used, it offers the same basis for interest. How Does APY Work?

Why should you invest in cryptocurrency?

One of the most attractive aspects of cryptocurrency investing is the potential to receive a high APY (Annual Percentage Yield). This is often done through decentralized finance (DeFi) services or cryptocurrency exchanges.

What is a good return on a crypto exchange?

Generally speaking, a typical return for crypto assets on an exchange is between 2-15%, with the higher end of that spectrum being for stablecoins, and the lower end being for extremely popular assets such as Bitcoin and Ethereum.