APR vs APY
APR is a simpler annual rate. APY usually accounts for compounding, which can make the displayed number higher.
Why it matters
When comparing staking or yield products, users should understand whether the site shows APR or APY and whether rates can change.
Common mistake
Do not treat APR in crypto as a universal rule. Exchanges, wallets and card apps may use the same term differently, especially around limits, fees, networks and account restrictions.
User action
Before relying on this term, check the provider's official help page, fee schedule or product terms. If funds are involved, test with a small amount first and keep a record of the transaction or setting.
Related pages
Read about APY, staking and use the calculator.
How to use this term
Use APR as a practical checkpoint when comparing exchanges, wallets, cards or on-chain tools.
What to check
Check how the term appears in fees, limits, account rules, wallet flows and risk notes before making a platform decision.