Lund VintherNov 26, 2021 · 3 years ago3 answersHow do interest rates for digital currencies compare to traditional banking rates?
In terms of interest rates, how do the rates for digital currencies compare to those offered by traditional banks? Are digital currencies able to offer higher interest rates due to their decentralized nature and lack of intermediaries? Or do traditional banks still have an advantage in terms of interest rates? How do factors like market demand, inflation, and government regulations affect the interest rates for digital currencies? Can individuals earn interest on their digital currency holdings, and if so, how does it work?
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