Pranali ShindeNov 24, 2021 · 3 years ago7 answers Which is better for earning interest in the crypto market: compound or simple interest?
When it comes to earning interest in the crypto market, which option is more advantageous: compound interest or simple interest? I'm trying to understand the benefits and drawbacks of each method in order to make an informed decision. Can someone provide a detailed explanation of how compound interest works in the crypto market and how it compares to simple interest? Additionally, I would like to know which option is generally considered to be more profitable and why.