Same sort of deal is why interest rates can be confusing, credit cards always want to quote monthly as it can easily confuse people how they add it all up to the annual cost.
I dont see much confusion here at all.
Compounding and so on complicates matters but they've been fair here and its equalized on the yearly view.
It is easier that way and to get the monthly rare just divide by 12.
Same sort of mixup can happen when looking at the daily interest given, its only altogether and including compound that its 4% or higher but daily its all alot smaller but still I like that its daily; banks dont give that convenience on deposits some of them Im never sure they pay me anything as it takes forever to appear.
Daily interest is given on the "Earn BTC" page
Daily interest will be calculated at a random time everyday @ 0.0109589% per day.
However for any amount less than 100BTC invested, the daily interest would not seem withdraw-worthy. I would rather run it for a month or a year before I withdraw.
I was just wondering if anyone heard of this site taking Ethereum as a deposit. Would this not boost traffic and open availability to a wider audience. I just figured that'd be an easy way to gain more revenue and also its helpful to the players to have the ability to bet ETH. I know we can bet on the ETH price so maybe its possible. I guess this decision on this idea was already considered at some point but every year ETH is a bit more established so who knows maybe we can see it ?
Talk about the site taking altcoin deposits happened back in 2018-2019 but was never taken up forward. The site has branded itself as a "bitcoin" faucet and it should remain like that in my opinion.