BYDFi
Trade wherever you are!
Buy Crypto
NEW
Markets
Trade
Derivatives
common-fire-img
BOT
Events

What are the differences between basis point and percentage point in the context of cryptocurrency investments?

cookieziApr 06, 2021 · 4 years ago3 answers

Can you explain the distinctions between basis point and percentage point when it comes to investing in cryptocurrencies? How do these two terms differ and what implications do they have for cryptocurrency investors?

3 answers

  • jenkins.ioSep 02, 2022 · 3 years ago
    Basis point and percentage point are both used to measure changes in interest rates or investment returns, but they have different scales. A basis point is equal to one-hundredth of a percentage point, so 100 basis points equal 1 percentage point. For example, if a cryptocurrency investment increases by 50 basis points, it means it has increased by 0.5 percentage points. Understanding the difference between basis point and percentage point is important for cryptocurrency investors to accurately interpret and compare investment returns.
  • Pehrson LangstonOct 19, 2023 · 2 years ago
    Alright, so here's the deal: basis point and percentage point are two ways to express changes in interest rates or investment returns. The main difference between them is the scale. A basis point is just one-hundredth of a percentage point. So, if something increases by 50 basis points, it means it has increased by 0.5 percentage points. Keep in mind that this distinction is crucial for cryptocurrency investors to make sense of and compare investment returns. Don't mix up these terms, folks!
  • Alejandro.A ColladoMay 04, 2025 · 2 months ago
    When it comes to cryptocurrency investments, understanding the difference between basis point and percentage point is essential. Basis point is a unit of measurement that represents one-hundredth of a percentage point. It is commonly used to express small changes in interest rates or investment returns. On the other hand, percentage point represents a whole unit of one percent. For example, if a cryptocurrency investment increases by 50 basis points, it means it has increased by 0.5 percentage points. So, make sure you grasp the distinction between basis point and percentage point to accurately evaluate your cryptocurrency investments.

Top Picks

  • How to Trade Options in Bitcoin ETFs as a Beginner?

    1 3127
  • Who Owns Microsoft in 2025?

    2 185
  • Crushon AI: The Only NSFW AI Image Generator That Feels Truly Real

    0 179
  • The Smart Homeowner’s Guide to Financing Renovations

    0 165
  • How to Score the Best Rental Car Deals: 10 Proven Tips to Save Big in 2025

    0 057
  • What Is Factoring Receivables and How Does It Work for Businesses?

    1 054