I'm too stupid for this. It would make sense to use the same percentage for both cases to see the difference.
I have my crypto on Nexo platform and I get 10% interest paid out daily. How much I get in one year with compounding?
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Hello oldtimer! sorry didn't noticed your comment before. I do also use Nexo for small amounts. What I've discovered is that the 10%, or whatever rate they tell you, is calculated taking care of the daily compounding mechanism!!!!
This means that the daily rate is a bit LOWER than 10% divided by 365. But, of course, Nexo's rates are still optimals
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