How can I convert the millage rate of a digital asset into a percentage?

3 answers

• Lancaster LundbergDec 26, 2021 · 4 years ago
  To convert the millage rate of a digital asset into a percentage, you need to divide the millage rate by 10,000. For example, if the millage rate is 500, the percentage would be 500/10,000 = 0.05%.
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• LazyWalrusMar 03, 2022 · 4 years ago
  Converting the millage rate of a digital asset into a percentage is quite simple. Just take the millage rate and divide it by 10,000. The resulting number is the percentage. Easy peasy!
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• Mohammed GourariJan 14, 2023 · 3 years ago
  When it comes to converting the millage rate of a digital asset into a percentage, the formula is straightforward. Divide the millage rate by 10,000 and you'll get the percentage. This method is commonly used in the cryptocurrency industry.
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