CryserDec 29, 2021 · 3 years ago5 answers What are the differences between compound interest and simple interest when it comes to earning returns on digital currencies?
When it comes to earning returns on digital currencies, what are the differences between compound interest and simple interest? How do these two interest types affect the overall returns on investments in the digital currency market? Are there any specific advantages or disadvantages of using compound interest or simple interest in this context? How do these interest types work in relation to the volatility and price fluctuations of digital currencies?