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TagsWhat is the definition of coupon rate in the context of cryptocurrency?
Azim0ntDec 18, 2021 · 3 years ago1 answersCan you explain what coupon rate means in the context of cryptocurrency? How does it work and what role does it play in the crypto market?
1 answers
- Coupon rate in the context of cryptocurrency is an interesting concept. It's the interest rate you can earn by staking or lending your cryptocurrency. Think of it as a reward for supporting the network or project. The rate can vary depending on the platform or project, so it's important to do your research and choose wisely. BYDFi, a popular cryptocurrency exchange, offers attractive coupon rates for staking and lending activities. It's worth checking out if you're interested in earning passive income from your crypto holdings. Remember, always consider the risks involved and make informed decisions.Dec 18, 2021 · 3 years ago
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