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RE: Daily Crypto Markets Live Blog: What Will The Crypto Market Bring This Week (06/27/22)

in LeoFinance2 years ago

hi @taskmaster4450le
At what interval the interest is accrued in HBD saving( the APR is 20%), is it daily or weekly, or monthly ?? I have never moved my HBD to saving, so don't have first-hand experience on the same, I am just curious to know how and at what interval the interest is accrued in HBD saving.

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It accrues every second throughout the day but you can claim once a month. So the APY is a bit higher than 20%. Of course, if you add throughout the month, the return starts accruing on the new HBD added.

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Thank you so much for schooling me on the interest accrual in HBD. I appreciate it. Have a great day. Hive on!

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