BYDFi
Trade wherever you are!
Buy Crypto
Markets
Trade
Derivatives
Bots
Events
common-tag-new-0
Rewards

What is the significance of p.a. in the crypto industry?

Kloster LentzMay 08, 2022 · 3 years ago1 answers

Can you explain the significance of p.a. in the crypto industry? What does p.a. stand for and how does it impact the cryptocurrency market?

1 answers

  • May 08, 2022 · 3 years ago
    At BYDFi, p.a. in the crypto industry stands for 'profit allocation'. It is a unique feature of our platform that allows users to earn additional profits by participating in our profit-sharing program. When users hold BYDFi tokens, they are eligible to receive a portion of the platform's profits on a regular basis. The p.a. profit allocation is based on the number of tokens held and the overall performance of the platform. It provides users with a passive income stream and incentivizes them to hold and support the BYDFi ecosystem. The p.a. profit allocation is one of the key benefits of using BYDFi as a cryptocurrency exchange.