As long as it is above the banking rates, it is good and it is better if this rate is higher, but let's remember that it is the average annual growth rate. Beautiful night ♥️.
Ana Cecília G B Meira
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How do you know if an APR (Annual Percentage Rate) on cryptocurrencies is good?
This will depend on several factors, such as: 1. Comparison with the Market - Compare the offered APR with average rates from other similar platforms or projects. - Very high rates may indicate greater risk or potential fraud. 2. Risks Involved - Trusted platform: Make sure the exchange or protocol offering the APR is safe and legitimate. - Currency volatility: Even a high APR may not compensate for losses in cryptocurrency value due to its volatility.
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