What does p.a. mean in the context of crypto?
csascriptDec 27, 2021 · 3 years ago3 answers
In the context of cryptocurrency, what does p.a. stand for and what does it mean?
3 answers
- Dec 27, 2021 · 3 years agoP.a. stands for 'per annum' which is a Latin term meaning 'per year'. In the context of crypto, p.a. is often used to describe the annualized rate of return on an investment. It is a way to measure the profitability of an investment over a one-year period. For example, if a cryptocurrency investment has a p.a. return of 10%, it means that the investment is expected to generate a 10% return over the course of one year.
- Dec 27, 2021 · 3 years agoP.a. in crypto simply means 'per year'. It is a way to express the annualized rate of return on an investment. It helps investors understand how much they can expect to earn on their investment over a one-year period. It is important to consider the p.a. rate when evaluating the profitability of a crypto investment.
- Dec 27, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, defines p.a. as 'per annum', which is a term used to describe the annualized rate of return on an investment. It is commonly used in the context of crypto to indicate the expected return on an investment over a one-year period. Investors often look at the p.a. rate to assess the potential profitability of a crypto investment.
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