Tuesday, September 27, 2022

What is DeFi? A Beginner’s Guide to Decentralized Finance


Start trading Bitcoin and cryptocurrency here:

DeFi applications –

DeFi is becoming more and more popular as the main use case for cryptocurrencies. This video explains in detail what DeFi is and what you should know about before getting involved.

0:38 Bitcoin and Our Financial System
1:24 Our Centralized Financial System
1:59 What is DeFi?
2:22 DeFi Components
4:16 – DAI explained
5:51 – DEXs explained
6:33 – Decentralized money markets
8:06 Money Legos
8:56 DeFi Advantages and Risks
10:02 Conclusion

For the complete text guide visit:

Join our 7-day Bitcoin crash course absolutely free:

Learn ANYTHING about Bitcoin and cryptocurrencies on our YouTube channel:

See anything we haven’t covered? Leave us a comment in the comment section below



Source link

44 comments

Leave a Reply

Your email address will not be published.