create fixed term for my assets, will I still earn daily compounding interest?
The interest you earn from your fixed term is after the term ends.
Sorry I still can't get it. I'm trying to know whether I will still earn daily compounding interest from flex term if I create fixed term for my asset? If will still earn from flex term but interest payout applies only after fixed time period ends? Am I right?
Sorry I still can't get it. I'm trying to know whether I will still earn daily compounding interest from flex term if I create fixed term for my asset? If will still earn from flex term but interest payout applies only after fixed time period ends? Am I right?
@ZipZoa I need answer to this issue. Thank you. Will I still earn compound interest from flex term if asset is in fixed term?
If you start a fixed term then that fixed term will only earn fixed term interest which is compounded daily and paid at the end of the term. You will not earn any daily flexible interest from that fixed term.
Thank you for your info. Actually go for fixed term is better choice cos of high APY?
Well, it is obviously a trade off. You get a higher interest rate, but it comes at the cost of having to lock your crypto.
Is like market down? Right?
Not sure what you mean by that.
I am trying to say your point is when our assets are locked, value might be affected due to market down cos we can't sell due to locked, right?
Well, I would personally be more worried about not being able to sell when the market is up. Depends on when you usually would want to sell I guess.
Both are compounding, fixed just gives you more %
So means I'll still earn interest from flexible term as well even if locked in fixed term, correct me if wrong
Money in flex terms earns flex interest. Money in fixed terms earns fixed interest
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