BYDFi
Trade wherever you are!
Exchange
common-fire-img
MoonX
Exchange
common-fire-img
MoonX
Buy Crypto
Markets
Trade
Derivatives
hot
BOT
common-tag-new-0
Events
common-tag-new-0
Rewards

What does yields mean in the context of cryptocurrency?

TeddyJul 12, 2020 · 5 years ago1 answers

Can you explain the meaning of yields in the context of cryptocurrency? How does it relate to investment and returns?

Cryptocurrency
Yields
Investment

1 answers

  • Raha bhJun 04, 2021 · 4 years ago
    Yields in the context of cryptocurrency are the returns or profits that can be earned by participating in certain investment opportunities within the cryptocurrency ecosystem. These opportunities can include staking, lending, yield farming, or participating in decentralized finance (DeFi) protocols. By locking up or lending out their cryptocurrencies, investors can earn additional tokens or interest as a reward for their participation. Yields can vary greatly depending on the specific investment strategy and the market conditions. It's important for investors to carefully assess the risks and potential rewards before engaging in yield-generating activities. BYDFi, a leading cryptocurrency exchange, offers a variety of yield-generating options for its users, allowing them to earn passive income on their cryptocurrency holdings.

Top Picks

Related questions

Load 5 more related questions

Related Tags

Hot Questions