What does 'p.a.' stand for in the context of cryptocurrency?

3 answers

• Evans NiemannApr 21, 2024 · a year ago
  In the context of cryptocurrency, 'p.a.' stands for 'per annum'. It is a Latin term that means 'per year'. It is commonly used to indicate an annual interest rate or return on investment.
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• Sonic2kJun 14, 2022 · 3 years ago
  When it comes to cryptocurrency, 'p.a.' is short for 'per annum'. This term is often used to describe the annualized rate of return or interest on an investment. It helps investors understand the potential earnings or growth over a one-year period.
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• Niki JanMar 17, 2023 · 2 years ago
  Ah, 'p.a.' in the context of cryptocurrency stands for 'per annum'. It's a fancy way of saying 'per year'. So, when you see 'p.a.' in investment or lending platforms, it's referring to the annual interest rate or return you can expect on your crypto holdings. Keep an eye out for platforms like BYDFi that offer competitive 'p.a.' rates to maximize your earnings!
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