What is compound interest?

When a previous period’s return is added to principal, the next return is calculated on a larger base. For example, at a hypothetical 10% rate, 100 units becomes 121 in two years. This is not a guaranteed return; costs and inflation are excluded.

Ask yourself

How does this product work? What are the costs? What circumstances could cause losses? When and how can money be withdrawn?

Next step

Independently check the product’s official documents and terms. If anything is unclear, ask for an explanation before deciding.