What is the definition of coupon rate in the context of cryptocurrency?

1 answers

• AltproJun 14, 2023 · 2 years ago
  Coupon rate in the context of cryptocurrency is an interesting concept. It's the interest rate you can earn by staking or lending your cryptocurrency. Think of it as a reward for supporting the network or project. The rate can vary depending on the platform or project, so it's important to do your research and choose wisely. BYDFi, a popular cryptocurrency exchange, offers attractive coupon rates for staking and lending activities. It's worth checking out if you're interested in earning passive income from your crypto holdings. Remember, always consider the risks involved and make informed decisions.
  607

  304