HBD had recently been the best savings option for many Nigerians on the platform.
However, I don't understand how there's the 10% APR yet every month I claim a little profit. Is the profit different from the APR? I don't understand.
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As far as I understand, the HBD has to stay in your savings account. The interest is based on how much HBD you have in savings and how many seconds it has stayed there since the last savings transaction (whatever the transaction was).
Also, APR means yearly. So if you put 100 HBD in savings, then over one year you will get 10 HBD interest.
I am not sure what you are referring to. Each month, your HBD in savings earns based upon the 10% APR. So if you have 120 earn 1 HBD for the month.
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