Decentralized Finance (DeFi) is a financial system that eliminates the need for any centralized financial institutions. It uses blockchain technology to facilitate transactions. Users can exchange digital assets such as cryptocurrencies directly with each other through smart contracts. This allows for fast and secure transactions without a centralized intermediary. Fees are often lower than traditional exchanges and users can easily access financial services such as lending and investing.
Latest update: 06 Jun 2024 เวลา 06:21| icon | Tool name | Number of clicks | Visit | |
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changelly | 51 | To the website |
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onramper | 11 | To the website |
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allchainbridge-com | 0 | To the website |
Decentralized Finance (DeFi) is a financial system that eliminates the need for any centralized financial institutions. It uses blockchain technology to facilitate transactions. Users can exchange digital assets such as cryptocurrencies directly with each other through smart contracts. This allows for fast and secure transactions without a centralized intermediary. Fees are often lower than traditional exchanges and users can easily access financial services such as lending and investing.